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Archer shares jump on air taxi deal with US Air Force

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July 31 (Reuters) - Archer Aviation (ACHR.N) shares jumped as much as 33% on Monday after the air taxi maker entered into a deal to provide up to six of its "Midnight" aircraft to the U.S. Air Force. The deal, worth up to $142 million, includes delivery of vertical takeoff and landing (eVTOL) aircraft, pilot training, development of maintenance and repair operations, and share data such as additional flight test and certification-related test reports. (www.reuters.com) Más...

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srobak
srobak 1
Their 2-seater isn't even type certified yet. USAF jumping the gun once again - hasn't learned from enough previous mistakes like this.
FINCH
eVTOL with Li-po batteries? SMH. A waste of our money. Should set a record for shortest lived AC

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