Archer Aviation Shares Rise as Serbia Names Preferred eVTOL Partner for EXPO 2027

Archer Aviation's stock rose 1% after being selected by Serbia as its preferred electric air taxi partner. The agreement positions Archer to showcase its Midnight eVTOL aircraft at EXPO 2027 and may lead to the purchase of up to 25 aircraft. The partnership also includes cooperation on industrial development, such as rare earth magnets and battery production. Archer is expanding international partnerships as it works toward commercial certification of its Midnight aircraft.