Is Archer Aviation the Smartest Investment You Can Make Today?

Archer Aviation (NYSE: ACHR) just completed the longest test flight yet of its Midnight aircraft, covering 55 miles at speeds of more than 125 miles per hour. The flight took just 31 minutes to complete. That's more than enough distance and speed to make Midnight an attractive travel option for those living in congested cities.And that, in turn, could make the company's stock a smart investment for aggressive, long-term investors. Here's what you need to know.Archer Aviation is, basically, attempting to use new technology to break into the competitive and well-developed aerospace industry. The Midnight aircraft that was just zooming through the skies above the company's test site has unusual features that make it an attractive choice for short trips. First, it is a vertical take-off and landing (VTOL) aircraft -- so it doesn't require runways. Second, it is small, only holding a handful of people at a time, but also able to maneuver in tight spaces. Third, it's electric. Essentially, it is an air taxi.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool