Did Archer Aviation Just Enter a New Market?

Archer Aviation (NYSE: ACHR) is ramping up its production of Midnight electric vertical takeoff and landing (eVTOL) aircraft in 2025. The company is small, so the goal is to produce just 10 of the company's eVTOL aircraft. However, management is laying the foundation for long-term growth, and that process may have just taken an interesting turn in the United Kingdom.Right now, Archer Aviation manufactures products that get tested. In fact, the company's income statement doesn't even bother including the normal section about income, because it doesn't earn any. This upstart airplane maker's income statement begins with operating expenses. That isn't unreasonable, however, because Archer Aviation is building its business from the ground up.Image source: Archer Aviation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool