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Stock impact report

Electric air taxis are about to take flight in 26 states [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
Image Credits:Joby Aviation The Federal Aviation Administration approved eight pilot programs that will allow a handful of companies, including Archer Aviation, Beta Technologies, Joby Aviation, and Wisk to start widespread electric aircraft testing as early as this summer. The three-year program, which will span 26 states, is designed to ensure U.S. companies lead the way in next-gen aircraft used for personal travel, regional transportation, cargo logistics, and emergency medicine, Department of Transportation Secretary Sean Duffy said in remarks Monday. The pilot program, known as the Advanced Air Mobility and Electric Vertical Takeoff and Landing Integration Pilot Program, was announced last year through an executive order by President Donald Trump in an effort to speed up development of the futuristic aircraft. Numerous electric vertical takeoff and landing (eVTOL) companies have emerged in recent years with promises of launching urban air taxis and other regional electr Show less Read more
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