Archer Aviation Inc ( ACHR ) shares are trading higher. The company on Tuesday announced that it received certification from the Federal Aviation Administration (FAA) as an institution for pilot training.

What Happened: Archer announced that it received FAA certification, referred to as Part 141, to launch its pilot training academy. The company can now train and qualify pilots as part of its newly launched training academy, which aims to secure a pipeline of pilots for the company’s planned commercial launch of its air taxis.

Archer has now received three of the four certifications it’s pursuing from the FAA. The company noted that its application for the fourth certification, Part 142, has already begun.

“Thanks to the hard work of the Archer team and the FAA, Archer now has its Part 141 certificate in hand—yet another step towards our commercial launch,” said Tom Anderson, COO of UAM at Archer.

“I look forward to seeing the results of this effort in the form of talented pilots who can one day be at the controls of our Midnight aircraft. The FAA continues to be an invaluable partner as we work together toward the safe entry of air taxis into the national airspace.”

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How To Buy ACHR Stock

By now you're likely curious about how to participate in the market for Archer – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. In the case of Archer, which is trading at $10.95 as of publishing time, $100 would buy you 9.13 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

ACHR Price Action: Archer shares were up 8.16% at $11.19 at the time of publication Tuesday, according to Benzinga Pro.