Archer Wins $142 Million USAF Contract For Its Midnight eVTOLs
Electronic Vertical Takeoff and Landing (eVTOL) hopeful Archer Aviation has announced a $142 million contract with the U.S. Air Force to develop a military version of its Midnight “air taxi” aircraft. According to Reuters, Archer stock catapulted by 33 percent after the announcement. California-based Archer successfully completed final assembly of the first Midnight eVTOL in […]