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ARCHER AVIATION (ACHR) JUMPS 17.9% ON TESLA EVTOL BUZZ

https://media.zenfs.com/en/insidermonkey.com/b17124e8173b56c40a8fa07d1a27f287

✍️ Archer Aviation Inc. (NYSE:ACHR) extends its winning streak to a fourth day, reaching a five-month high, amid speculations that Tesla may join the electric vertical take-off and landing (eVTOL) industry.

👉 Archer Aviation Inc. (NYSE:ACHR) extends its winning streak to a fourth day 👉 Stock reaches a five-month high amid speculations that Tesla may join the eVTOL industry 👉 Company announces $500 million aircraft order from Soracle Corporation to bring advanced air mobility services to Japan

-- #ElonMusk #JiratTeparaksa #Japan #Tokyo #Osaka #Nagoya #Hokkaido #Setouchi #Okinawa #business

JAL-Sumitomo JV secures right to place order for up to 100 Archer air-taxis.

https://media.zenfs.com/en/reuters-finance.com/48f793bc558e144084c9472c1f39a806

Archer Aviation's electric air-taxis, worth $500 million, have been secured by a joint venture between Japan Airlines and Sumitomo Corp. The order includes pre-delivery payments based on Archer achieving certain milestones ahead of aircraft delivery. Archer's CEO, Adam Goldstein, expressed concerns about the industry's challenges, citing the recent insolvency of German air-taxi maker Lilium. Archer is developing its air-taxi 'Midnight' that can carry four passengers and a pilot, optimized for short-distance trips. ● Archer Aviation's electric air-taxis worth $500 million secured by joint venture between Japan Airlines and Sumitomo Corp. ● Order includes pre-delivery payments based on Archer achieving certain milestones ahead of aircraft delivery ● Archer's CEO, Adam Goldstein, expressed concerns about the industry's challenges ● Archer is developing its air-taxi 'Midnight' that can carry four passengers and a pilot ● Optimized for short-distance trips

#AnshumanTripathy #AbhijithGanapavaram #AdamGoldstein #Tokyo #Osaka #Nagoya #Hokkaido #Setouchi #Okinawa #Bengaluru #mainstream #technology