Airframers

Class-action lawsuit alleges Archer misled investors about air taxi progress

By 2023-09-26T20:05:00

archer III

Source: Archer Aviation

Filed on 21 September in a California federal court, the suit comes as San Jose-based Archer works to certificate an electric vertical take-off and landing (eVTOL) aircraft called Midnight that it says could be flying passengers in 2025.

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