Is Archer Aviation (NYSE:ACHR) basking in financial glory right now? Absolutely not. Nevertheless, Archer Aviation is akin to a growing seedling with immense potential. Witnessing the strides made by this aerial mobility pioneer may just make you want to tuck away some ACHR stock in your investment trove this year.

For the uninitiated, Archer Aviation is in the business of crafting electric vertical takeoff and landing vehicles. The intriguing part? The company is stealthily venturing into the eVTOL infrastructure arena, a tactical maneuver that adds more feathers to the cap of an already promising investment prospect.

Is ACHR Stock Ready for Takeoff?

Since the onset of 2022, ACHR stock has seemed like a grounded aircraft, unable to soar past the $5 mark. The journey to a 2x, 3x or 4x share-price surge remains shrouded in uncertainty.

But is this really a cause for concern among long-haul investors? The savvy know that the choicest fruits are reaped by those who spot the diamond in the rough today, knowing it will sparkle in the limelight five or ten years down the road.

Archer Aviation and the eVTOL realm are poised for the headlines sooner or later. Like a meticulous gardener tending to a delicate orchard, there is care required to clear the regulatory thorns. Yet, the green shoots of progress are visible at Archer Aviation.

For example, securing Part 145 certification from the Federal Aviation Administration signifies a key milestone. This stamp of approval empowers Archer Aviation to seed “specialized aircraft repair services while upholding top-tier safety and adherence standards.”

Into the eVTOL Infrastructure We Fly

Patience is indeed a virtue, especially when sizing up Archer Aviation’s financial landscape. A glance at the books reveals a GAAP-measured net earnings deficit of $109.1 million for the final quarter of 2023.

But let’s not raise the white flag just yet. The early innings of the eVTOL sector have historically seen such financial turbulence. If profitability is your sole compass, then ACHR stock may not beckon to you.

If doubts still linger, cast your eyes upon the momentum stirring at Archer Aviation. The roadmap includes conducting 400 test flights this year alongside the construction of three compliant Midnight eVTOL aircraft.

Furthermore, by treading into the eVTOL foundation terrain, by partnering with Falcon Aviation to establish an eVTOL vertiport grid in Dubai and Abu Dhabi in the UAE, Archer Aviation is unfurling its flight wings. This strategic move could herald the initiation of eVTOL operations in the UAE as soon as 2025. A subtle hint perhaps, that profitability may knock on Archer Aviation’s hangar sooner than skeptics anticipate.

Buckle Up: ACHR Stock and the Volatile Flight Ahead

Buckle up, as Archer Aviation stock is bound to experience turbulence in sync with the evolving eVTOL space. Expect moments when the stock appears stationary on the tarmac.

Archer Aviation’s navigational course is charted towards commencing global eVTOL flight operations. A foray into the eVTOL infrastructure sector will be a pivotal stride in this ascent for Archer Aviation.

Therefore, here’s a friendly suggestion: keep hold of your ACHR stock seatbelt fastened for what might be a prolonged, yet potentially rewarding journey.

On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.