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flag Archer Aviation's stock soars amid potential in electric flying cars, despite modest revenue projections.

flag Archer Aviation, developing electric vertical take-off and landing aircraft, has seen its stock price surge due to potential in the eVTOL industry. flag The company is working on its first model, the Midnight aircraft, and has partnerships with major airlines and the U.S. Air Force. flag Despite a promising outlook, meaningful revenue is still expected to be low, with projections of $12 million this year and $144 million next year.

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