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Green Stock News for April 24th, 2025: Archer Aviation, Rocket Lab, Arbe Robotics, Wallbox

Welcome to the Green Stock News brief for Wednesday April 24th. Here are today’s top headlines: 

The General Civil Aviation Authority has approved the redesign of a helipad at the Abu Dhabi Cruise Terminal into a hybrid heliport for both helicopters and eVTOL aircraft, marking a key step in Archer Aviation’s (NYSE: ACHR) plan to launch air taxi services. This project, set within a major tourism hub, leverages existing infrastructure and aligns with the GCAA’s pioneering hybrid heliport standards, which are expected to be finalized by July 2025.

Rocket Lab (NASDAQ: RKLB) has been selected by Kratos to launch a full-scale hypersonic test flight for the U.S. Department of Defense under the $1.45 billion MACH-TB 2.0 program, with the mission set to launch no earlier than Q1 2026. Utilizing its HASTE rocket, Rocket Lab will support rapid, cost-effective testing of advanced hypersonic technologies, building on its prior MACH-TB successes and proven high-cadence launch capabilities.

Arbe Robotics (NASDAQ: ARBE) and HiRain Technologies have launched a high-resolution long-range imaging radar system for the Chinese automotive market, powered by Arbe’s advanced chipset. As the first in China to use a high-density waveguide antenna, the new radar system offers enhanced detection, reliability in all conditions, and a cost-effective alternative for autonomous driving applications.

Wallbox (NYSE: WBX) and Francis Energy have partnered to deploy Wallbox’s certified Supernova fast chargers across the U.S., addressing the growing demand for high-performance EV charging in urban and corridor locations. Leveraging Francis Energy’s expertise in infrastructure and uptime reliability, the collaboration aims to build a dependable, nationwide fast-charging network for EV drivers.

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