Electric Vertical Takeoff and Landing (eVTOL) aircraft developer Archer Aviation is continuing to lay the global groundwork for commercial operations in a new territory: South Korea. The next-generation aircraft specialist has announced a new partnership with Korea’s leading mobility-as-a-service company, KaKaoMobility, to participate in the country’s Grand Challenge and bring eVTOL travel to the region quickly.
Archer Aviation ($ACHR) is one of the more popular eVTOL developers in a growing segment of emissions-free air travel that continues to wield momentum as a global player in the space. With airworthiness certification from the FAA already in place and investments from big names like United, Stellantis, and even the US Air Force, Archer has (literally) taken to the skies and expanded its brand outward beyond its headquarters in Santa Clara,…