Archer Aviation (ACHR) Completes Midnight’s Transition Flight
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Archer Aviation stock climbs as Midnight aircraft moves closer to type certificate
June 12, 2024 10:49 AM EDTArcher Aviation (NYSE: ACHR) shares popped more than 4% after the company announced it had reached a significant milestone with its Midnight aircraft.
On June 8, Midnight successfully performed a "transition flight," which involves taking off vertically like a helicopter, accelerating forward, transitioning to wing-borne flight with tilt propellers, and landing vertically... More
