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flag Archer Aviation partners with Korean Air to buy 100 Midnight eVTOL air taxis for South Korea.

flag Archer Aviation has partnered with Korean Air to potentially purchase 100 of its Midnight electric air taxis, aiming to launch the aircraft in South Korea for government and urban mobility uses. flag The deal marks a major step toward commercialization, following successful high-altitude test flights and a recent acquisition of 300 eVTOL patents from Lilium. flag While the company expects a wider third-quarter loss, the partnership and stock surge reflect growing industry confidence in electric air taxi technology despite ongoing challenges in certification and profitability.

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