Archer Aviation (ACHR) Announces the Successful Completion of the Longest Piloted Flight of its Midnight Aircraft

Archer Aviation Inc. (NYSE:ACHR) is one of the most promising future stocks according to Wall Street analysts. On August 18, Archer Aviation Inc. (NYSE:ACHR) announced the successful completion of its Midnight aircraft’s longest piloted flight to date. The aircraft flew around 55 miles in 31 minutes at speeds exceeding 126 mph.

Management stated that the flight was conducted at the company’s flight test facility in Salinas, California, in front of Mike Leskinen, Executive Vice President and CFO of United Airlines. Leskinen led the early investment by United Airlines in Archer Aviation Inc. (NYSE:ACHR).

Mike Leskinen stated:

“I’ve been a longtime supporter of bringing sustainable forms of aviation to market. Congratulations to the Archer team on achieving this milestone flight—I was impressed by how quiet the aircraft was.”

The feat marks a significant milestone for Archer Aviation Inc. (NYSE:ACHR), supporting its envelope expansion program as it makes strides toward FAA certification in the US and near-term commercialization in the UAE.

Headquartered in San Jose, CA, and founded in 2018, Archer Aviation Inc. (NYSE:ACHR) develops electric vertical take-off and landing (eVTOL) aircraft.

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Disclosure: None. This article is originally published at Insider Monkey.