Key PointsArcher Aviation is designing an eVTOL for transportation and defense purposes. The company recently completed Phase 3 of the FAA's four-phase process. Plenty of risks remain, and the future is still uncertain for this upstart company.10 stocks we like better than Archer Aviation › If you grew up watching The Jetsons, your idea of the future probably looked something like aerial cars zipping through cities, video-chat, androids, and fla…