Archer Aviation Is Cheap Right Now. Here's Whether That Makes It a Buy.
Archer Aviation's eVTOL aircraft have successfully demonstrated flight tests and are nearing FAA certification, with potential applications in defense, military, and logistics. The company's stock is considered a high-risk, high-reward investment opportunity with projected revenue growth of over 170,000% in the next two years.
Archer Aviation has successfully demonstrated flight tests for its electric vertical takeoff and landing (eVTOL) aircraft and is nearing completion of the FAA certification timeline. The company has partnered with the Department of Defense to build eVTOL technology for government purposes, including silent reconnaissance, evacuation missions, and humanitarian aid delivery. Archer's business model combines elements of a manufacturer and operator to jump-start its eVTOL ecosystem. The company is pre-revenue and burning cash, but is projected to see revenue growth of over 170,000% in the next two years. Archer's eVTOL technology could also be used in logistics, potentially cutting down shipping time for high-value goods. The company's stock is considered speculative, but its current price is seen as an attractive opening for a potential big return over the long term.
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