ACHR Stock Alert: Archer Plans New Vertiport in Dubai for eVTOLs
ACHRArcher Aviation (ACHR) InvestorPlace·2024-03-12 01:44

Fresh partnership news is pushing Archer Aviation (NYSE:ACHR) stock toward the skies today. Recently, the electric vertical takeoff and landing (eVTOL) innovator announced plans to develop a vertiport network in the United Arab Emirates (UAE) with local flyer Falcon Aviation. According to a statement released on March 11, the two companies will be connecting Dubai and Abu Dhabi by way of Archer’s Midnight electric air taxi. The firms aim to have the network fully operational as soon as 2025. After a difficu ...