Archer Aviation Shares Fall 3.14% as Trading Volume Slumps to $340M Ranking 325th Amid eVTOL Milestone
. 22, , ranking 325th in market activity. This follows the company’s announcement of a milestone in its Midnight eVTOL aircraft testing program.
, California. . CEO Adam Goldstein emphasized the team’s focus on safety and methodical testing as the company advances toward FAA certification and commercialization in the UAE.
, . The ability to operate at higher altitudes is positioned to enhance air traffic flexibility in densely populated areas and enable operations in elevated urban environments. The company reiterated that these tests are critical for preparing the Midnight aircraft for early commercial deployment.
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