"The good news is a hydrogen vehicle is an electric vehicle. It's just a different way of storing the energy versus a battery... refuel in 3 to 4 minutes and you're 100% full and ready to go again."
Archer Aviation is leading the charge in developing electric vertical takeoff and landing (eVTOL) aircraft, particularly with its Midnight model aimed at urban air taxi services. The company has secured a $6 billion order book and has $1.03 billion in cash, positioning itself for commercial operations later this year.