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Archer Aviation Trading Volume Drops 33.56% to $30.5 Million Ranking 251st Despite 2.76% Stock Price Increase
Generated by AI AgentAinvest Volume Radar
Wednesday, Jun 18, 2025 8:00 pm ET1min read
On June 18, 2025,
(ACHR) saw a trading volume of $30.5 million, a 33.56% decrease from the previous day, ranking 251st in the day's stock market activity. The stock price of Archer Aviation rose by 2.76%.Archer Aviation is making a strategic shift towards defense contracts as the deployment of commercial air taxis faces extended timelines. The company is leveraging its electric vertical takeoff and landing (eVTOL) technology for military applications, aiming to secure defense contracts and diversify its revenue streams.
Archer Aviation has recently begun piloted test flights of its Midnight eVTOL aircraft, marking a significant milestone in its development process. The company is also actively raising capital to support its growth both in the U.S. and internationally.
Additionally, Archer Aviation has joined forces with the U.S. Transportation Secretary and Acting FAA Administrator to announce a five-country alliance aimed at streamlining the certification process for eVTOL aircraft. This collaboration is expected to accelerate the adoption of eVTOL technology globally.
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