Archer Aviation: Promising Vision Although Commercialization Remains In Early Stages
Archer Aviation (ACHR) Seeking Alpha·2024-07-02 15:44
peepo Investment thesis Archer Aviation (NYSE:ACHR) is a company in a fast growing urban air mobility sector that is highly competitive, and it involves electric vertical take-off and landing (eVTOL) planes. According to Mckinsey’s forecast, the industry is expected to grow at a CAGR of over 50% until 2035. A 50% market growth each year indicates that the company is still in its infancy. However, from my analysis, Archer is uniquely positioned in terms of design and development strategy that allows them ...