Archer Aviation: From Electric Flying Taxi to Defense Asset

Archer Aviation is poised for a breakout, despite Wall Street's negative view of the electric flying taxi company. Archer is building a valuable defense aviation asset and has a $2 billion war chest, which can provide multiple paths to profitability. The company's partnership with Anduril and Palantir Technologies creates a hybrid-propulsion aircraft for military use, with the potential for guaranteed multiyear funding from the Pentagon. Archer's defense disruption play has the potential to drive a major breakout in the stock.