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Archer Aviation Secures $300M to Advance Hybrid Aircraft for Defense

Summary

The funding will accelerate development of a hybrid VTOL aircraft in partnership with Anduril, targeting military applications and a program of record with the Department of Defense.

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Benzinga

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Archer Aviation Stock Is Moving Lower Tuesday: What's Driving The Action? - Archer Aviation (NYSE:ACHR)

Archer Aviation Inc (NYSE:ACHR) shares are trading lower Tuesday after the company announced new financing and reported preliminary results for the fourth quarter.

2 months ago·New York, United States

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The Motley Fool

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Why Archer Aviation Stock Is Plummeting Today

Shares of Archer Aviation (NYSE: ACHR) are falling Tuesday. The stock lost 7.3% as of 2:10 p.m. ET, but was down as much as 10.4% earlier in the day. The loss comes as the S&P 500 (SNPINDEX: ^GSPC) slipped 0.1% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down 0.3% on th

2 months ago·Alexandria, United States

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Investing.com

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Archer secures $301.75M to boost hybrid aircraft development By Investing.com

Archer secures $301.75M to boost hybrid aircraft development

2 months ago

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Barron's

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Archer Aviation Raises Money to Develop eVTOL for the Defense Industry

Start-up Archer Aviation will now have access to about $1 billion to work on an electric vertical-take-off-and-landing vehicle.

2 months ago·New York, United States

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Seeking Alpha

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Archer Aviation raises $300M to bolster its financial position (ACHR:NYSE)

Archer Aviation raises $300M to bolster its financial position

2 months ago·United States

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Reuters

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Archer Aviation raises $300 million in BlackRock-backed funding

Air-taxi maker Archer Aviation said on Tuesday it has raised $300 million in a funding round that consisted of institutional investors including accounts managed by BlackRock .

2 months ago·United Kingdom

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