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Stock impact report

PIF's The Helicopter Company, Archer Aviation, and Red Sea Global Partner to Launch eVTOL Air Mobility in Saudi Arabia [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
The Helicopter Company (THC), a subsidiary of Saudi Arabia's Public Investment Fund (PIF), selected leading eVTOL OEM Archer to bring their Midnight air taxi to the Kingdom of Saudi Arabia in partnership with leading Gigaproject, Red Sea Global (RSG) The collaboration establishes a "sandbox framework" to validate and accelerate next-generation Advanced Air Mobility testing in KSA Creation of a controlled "sandbox" testing environment that includes the KSA government, GACA, THC, RSG and Archer which will allow the partners to work together to fly Archer's Midnight aircraft under real-world conditions with close regulatory oversight and collaboration DUBAI, United Arab Emirates, November 19, 2025 BUSINESS WIRE )--The Helicopter Company (THC), a Public Investment Fund (PIF) company and Saudi Arabia's premier commercial helicopter operator, has signed an agreement at this year's Dubai Airshow with Archer Aviation Inc. (NYSE: ACHR), a U.S.-based aerospace innovator designing and dev Show less Read more
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