Modern Flying News

Archer Aviation Is Latest eVTOL Firm To Start Public Trading

Thom Patterson

Friday, September 17, 2021 at 10:12 PM ET

Verified

Archer Aviation launched on the New York Stock Exchange on Friday. Al Arena

Key Takeaways:

Archer Aviation is now the third air taxi developer to start public trading since August—the second just this week—after it successfully completed a merger with a special purpose acquisition company, also known as a SPAC.

Thom Patterson

Thom is a former senior editor for FLYING. Previously, his freelance reporting appeared in aviation industry magazines. Thom also spent three decades as a TV and digital journalist at CNN’s bureaus in Washington and Atlanta, eventually specializing in aviation. He has reported from air shows in Oshkosh, Farnborough and Paris. Follow Thom on Twitter @thompatterson.