Key Points Archer Aviation's Midnight eVTOL aircraft is currently undergoing FAA Type Certification. Over the next year, Archer will work through this certification process and aims to start early commercial operations in the UAE. It will also be preparing to serve as the official air taxi carrier for the 2028 Los Angeles Olympic Games. 10 stocks we like better than Archer Aviation › Electric vertical take-off and landing (eVTOL) aircraft, also known as flying taxis, could revolutionize transportation as we know it. These quiet, drone-like vehicles take off vertically and can navigate complex urban airspace. Archer Aviation (NYSE: ACHR) is one standout developer in this exciting space.
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