The collaboration sets the stage for a revolutionary shift in air mobility. The GCAA has already been working with Archer to establish the necessary regulatory framework for a successful launch of these air taxis. According to Benzinga Pro, ACHR stock has gained over 23% in the past year. Investors can gain exposure to the stock via Adaptiv Select ETF ADPV. ACHR Price Action: ACHR shares are trading higher by 3.13% to $7.85 at publication Friday. Read Next: Photo: Courtesy of Archer Aviation