Federal Pilot Program Boosts Archer Aviation's (ACHR) Path to Air Taxi Operations

Archer Aviation Inc. (NYSE:ACHR) is one of the best emerging technology stocks to buy right now. The company is another player on this list that is involved in the development of electric vertical takeoff and landing (eVTOL) aircraft designed for urban air mobility, with its Midnight aircraft targeting commercial operations in the near future.

The eVTOL sector is in its early stages, with no mass adoption yet. Six of Archer Aviation Inc.’s (NYSE:ACHR) flagship Midnight aircraft are in production, with three currently in final assembly. Archer is leading the race with its advances toward FAA certification and strong partnerships with automakers and airlines.

In line with its expansion efforts, on September 12, Archer Aviation Inc. (NYSE:ACHR) announced its intent to participate in the White House’s newly established eVTOL Integration Pilot Program (eIPP), a federal initiative aimed at accelerating real-world electric air taxi operations in the U.S. The company is working with United Airlines and interested cities to design trial operations for its Midnight aircraft.

The eIPP, created under an Executive Order signed in June, authorizes the Department of Transportation and the Federal Aviation Administration to establish pre-certification operating environments for eVTOLs. Archer Aviation Inc. (NYSE:ACHR) believes that it can use this opportunity to validate the superiority of its technology to foster public and regulatory acceptance.

Management described the development as a milestone for the industry. Adam Goldstein, Archer’s Founder and CEO, stated:

“This is a landmark moment for our industry and our country. We have an Administration that is prioritizing the integration of eVTOL operations in U.S. cities ahead of full certification in a pragmatic way. We’ll demonstrate that air taxis can operate safely and quietly. These early flights will help cement American leadership in advanced aviation and set the stage for scaled commercial operations in the U.S. and beyond.”

Earlier, on August 12, H.C. Wainwright analyst Amit Dayal reiterated a Buy rating on the stock, citing steady progress toward the company’s 2026 commercialization target. Despite the absence of revenue in the recent quarter, Dayal noted that Archer Aviation Inc. (NYSE:ACHR) had achieved key milestones in its manufacturing and certification efforts, both essential steps for eventual deliveries to its Launch Edition customers.

When combined, the company’s regulatory advances and analyst confidence highlight its growing potential in next-generation air mobility.

Archer Aviation Inc. (NYSE:ACHR) is a U.S.-based aerospace company developing electric vertical take-off and landing (eVTOL) aircraft for urban air mobility.

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