Archer Aviation (ACHR) shares rose 4.67% to $11.77 after announcing a strategic partnership with Korean Air to commercialize electric vertical takeoff and landing (eVTOL) aircraft in South Korea. The agreement includes potential orders for up to 100 Midnight aircraft, with initial deployments focused on government applications. Despite reporting a quarterly loss of $153.4 million, Archer continues to receive robust support from major industry players like Boeing and Stellantis.