Will Archer Aviation Boom in 2026?
In a world that is constantly changing, commercial aviation has remained remarkably boring. Commercial jets still use many of the same basic designs developed in the mid-20th century. And propeller-driven helicopters still use similar propulsion as when they launched in the 1940s.
However, electric vertical takeoff and landing aircraft (eVTOLs) promise to bring some much-needed disruption to the industry. Instead of fossil fuels, these tiny aircraft run on lithium-ion batteries, making them mechanically simple, lightweight, and relatively silent. The technology could revolutionize urban air mobility, potentially creating billions of dollars in shareholder value in the process.
Let's dig deeper into the pros and cons of Archer Aviation (NYSE: ACHR) stock to decide if it is a good way to bet on the long-term opportunity.
Source Fool.com
