** Shares of air-taxi maker Archer Aviation ACHR.N up 5% at $8 in morning trade
** ACHR announces agreement for launch of first commercial electric vertical takeoff and landing (eVTOL) aircraft in UAE
** Up to last close, stock up 24.76% YTD
(Reporting by Anshuman Tripathy)
((Anshuman.Tripathy@thomsonreuters.com))
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