Archer Aviation Is Bringing Its Flying Cars to Saudi Arabia. Is ACHR Stock a Buy Here?

Archer Aviation Is Bringing Its Flying Cars to Saudi Arabia. Is ACHR Stock a Buy Here?

Should you consider buying Archer Aviation’s stock as it gears up to bring its air-taxis to Saudi Arabia?

Saudi Arabia moves to fast-track eVTOL air taxis with new Archer agreement

The announcement follows Archer’s recent partnership with The Helicopter Company, owned by the Public Investment Fund, to launch eVTOL services with Red Sea Global The post Saudi Arabia moves to fast-track eVTOL air taxis with new Archer agreement appeared first on Gulf Business.

Middle East: Saudi Arabia’s General Authority of Civil Aviation Advances Archer’s Pathway for Electric Air Taxi Deployment

Saudi Arabia’s General Authority of Civil Aviation (GACA), has signed an agreement with Archer, where both parties will work together to accelerate the deployment of electric air taxi operations across the Kingdom. Under this collaboration, GACA and Archer plan to work to establish a regulatory pathway for the introduction and scale-up of services. The framework is also planned to align with the Federal Aviation Administration’s certification ru…