Archer Aviation Inc. (ACHR) has been a hot topic on Reddit, with users discussing the company's potential and strategic moves. A significant focus is on Archer's partnership with Anduril to develop a hybrid-propulsion, vertical-lift aircraft for defense applications. This collaboration is seen as a game-changer, with one user noting, "Our initial project together is a jointly developed hybrid-propulsion, vertical-lift aircraft for critical defense applications, with engineering efforts already underway." The partnership is expected to enhance Archer's capabilities in the military sector, potentially leading to significant advancements in drone warfare and defense technology.
Redditors are optimistic about Archer's future, with discussions centered around the stock's potential growth. One user expressed a bullish outlook, stating, "Excitement has really picked up again as we get closer to commercialization and keep hitting key milestones." Another user compared investing in Archer to buying Tesla before its first car, highlighting the long-term potential they see in the company. The sentiment is that Archer's strategic moves and partnerships could lead to substantial growth, with some users speculating the stock could reach $20 or more in the coming months.
The current price of Archer Aviation Inc. (ACHR) is $9.61, reflecting a slight increase of 0.42% from the previous close.