NYSE:ACHRAerospace & Defense
Archer Aviation (ACHR): Valuation Check After Saudi GACA Air Taxi Deal and Karem Tiltrotor Technology Agreement
Archer Aviation (ACHR) just landed a headline collaboration with Saudi Arabia’s General Authority of Civil Aviation, a move that could fast track electric air taxi services across the Kingdom and expand Archer’s long term revenue runway.
See our latest analysis for Archer Aviation.
Despite landing headline partnerships in Saudi Arabia, Miami and with Karem Aircraft, Archer’s 1 year total shareholder return is still negative, and recent 3 month share price returns suggest momentum has cooled...