Archer Aviation may outshine USA Rare Earth in industrial sector
The US government is backing USA Rare Earth with a 10% stake and approximately $3.5 billion in funding and loans.
The company plans to develop a fully integrated supply chain for rare-earth magnets.
Archer Aviation, on the other hand, aims to dominate the US skies with its electric vertical take-off and landing aircraft, and may turn its hype into reality sooner.