EXCLUSIVE: Archer CEO Says Trump's eVTOL Push Is A Game-Changer
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Archer Aviation CEO Adam Goldstein stated that the White House's support for eVTOL technology, highlighted by a recent executive order from President Trump, is crucial for the sector's growth. He emphasized the administration's focus on modernizing air traffic control and maintaining U.S. leadership in aviation. Goldstein also noted the potential for significant growth in the defense sector, suggesting that defense applications of eVTOL could surpass civil opportunities in the coming years. Archer's stock is currently trading at $10.12, reflecting a 6.1% increase year-to-date.
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