Name of opportunity: 👀
Archer Aviation Inc
New rulebook: 📕
The US Federal Aviation Administration has updated its regulations this week, integrating new rules about powered-lift aircraft, the type of eVTOL (electric vertical take off and landing) vehicles that Archer Aviation and rival companies make. It’s a step closer to these vehicles becoming certified as safe and commercially viable. The new rules specify the training and qualifications that pilots will need, as well as addressing operational requirements like minimum altitudes.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Archer Aviation Inc will increase from $3.16 to $9.30 in the next 12 months. If you invested $1000, you might profit $1933.75.
Archer Aviation might be able to make such a significant increase because at the moment, it is a ‘penny stock’, available at a very low price.
The stock has gone up 0.96% today. One reason why some investors are interested in Archer Aviation over its competitors is because the company has already hit 400 test flights for its eVTOL Midnight. Archer has hit this target four months ahead of schedule. The electric vehicle is designed to be cost-effective, quiet and better for the environment than aircraft that use traditional engines. The company says it is optimised for short distance back to back trips, making it an ideal air taxi.
Archer has also attracted financial support from major companies such as Stellantis and United Airlines.
A new type of aircraft: 🚁
Archer Aviation Inc. is an aerospace company. The company is focused on designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in urban air mobility (UAM) networks. Archer was founded in 2018.
Which neme?: 🔍
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