Archer Aviation and Palantir: A revolution in air transport?
Archer Aviation $ACHR0.0% has entered into a strategic partnership with Palantir Technologies $PLTR0.5% to use artificial intelligence to develop eVTOL aircraft (electric vertical take-off and landing).
What does the collaboration entail?
-$ACHR0.0% will gain access to Palantir's AI technologies to streamline production and air traffic management
-$PLTR0.5% can penetrate the air mobility segment and expand its commercial business
- eVTOL planes promise to revolutionise urban transport, but wider deployment is still at an early stage
The Palantir one will be interesting even without that, but it's definitely an interesting opportunity. Both $PLTR0.5% and $NVDA0.4% have fallen nicely now after that huge run up, and I'm starting to increase my position again.
I've heard about $ACHR0.0% a few times, but I find the $PLTR0.5% more interesting now.
I think$ACHR0.0% is more of a speculation, but $PLTR0.5% is cheaper now, so maybe I'll buy a few shares.
Shares of $ACHR0.0% are not extremely overvalued right now, but for now I'm just adding the stock to my watchlist.