AI and EVs Fuel Growth for Supply Chain and Aerial Transport Startups
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Symbotic is using AI and robotics to automate supply chains and warehouses, slashing costs for retailers like Albertsons, Target, and Walmart. Its revenue grew 98% last year.
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Archer Aviation is developing electric flying taxis that can travel at 150 mph, replacing hour-long drives with 10-minute flights.
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Boeing, United Airlines, and Stellantis have invested over $1.1 billion in Archer Aviation and are helping them scale up manufacturing and operations.
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The urban air mobility market is forecast to be worth up to $9 trillion by 2050, providing massive growth potential for Archer.
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Both Symbotic and Archer Aviation are innovative companies poised for explosive growth in multibillion-dollar markets, while their stocks still have relatively low market valuations.