Archer Aviation Inc. has announced significant Q2 operating and financial results for the period ending June 30, 2023. Notably, the company has confirmed a substantial $215 million equity investment from industry behemoths such as Stellantis, Boeing, United Airlines, ARK Invest, and more, boosting its total funding to an impressive $1.1 billion. In sync with this, […]
Dutch automotive manufacturer Stellantis and Archer Aviation have announced a collaboration to produce the latter’s Midnight eVTOL aircraft, an electric vertical take-off and landing (eVTOL) aircraft for use in urban air mobility networks. Being the exclusive contract manufacturer, the Amsterdam-headquartered Stellantis will mass produce Archer Aviation’s eVTOL aircraft and provide up to $150 million in […]
