Archer's defense strategy could give it an edge over Joby.
Investors have grown skeptical of the sector, but that could change.
Archer's stock could do well if the company can stay on track with its milestones.
The acquisitions could dramatically broaden Archer's business
Archer has Boeing's backing and a defense revenue pathway most rivals cannot access. Joby leads on FAA certification progress and has Delta waiting to deploy its aircraft commercially.
Boeing stock fell about 1.5% on Thursday when reports indicated China was probably not place further purchase orders for new jets.
Archer Aviation just cleared a major regulatory hurdle on its Boeing acquisition, but shares have shed nearly half their value over the past year. The path back to $10 exists on paper, and the obstacl
The Wisk, Insitu and SkyGrid acquisition still needs other regulatory approvals before a year-end close
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