Archer Aviation doubles down on defense aircraft with $300M raise
Escalating geopolitical tensions and a new administration with a hawkish defense agenda have led many startups to embrace dual-use strategies to secure
Archer Aviation Stock Drops as It 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.
Archer Raises $300M as Electric Air Taxi Firm Sets Sights on Defense
Manufacturer is developing a “next-generation” hybrid-electric, vertical takeoff and landing (VTOL) aircraft for defense applications.
Archer raises another $300m as it continues defence push
Archer Aviation has raised another $300 million to accelerate development of its hybrid-electric aircraft for the defence market.
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 .
Why Archer Aviation Stock Is Taking Flight Today
Shares of electric air taxi company Archer Aviation (NYSE: ACHR) rose 12.5% as of 1:11 p.m. ET today for no obvious reason, but as tech stocks rebounded overall and one of Archer's key partners recently announced new funding.
Archer Aviation Skyrocketed Today -- Is the eVTOL Stock a Buy?
Archer Aviation ( ACHR 13.08%) stock soared in Monday's trading. The company's share price ended the daily session up 13.1% amid the backdrop of a 0.7% gain for the S&P 500 ( ^GSPC 0.67%) and a 1% gain for the Nasdaq Composite ( ^IXIC 0.98%).
Archer Aviation raises $300M from Blackrock to expand defense sector focus
The $300 million in funding, raised through a securities purchase agreement, came from Blackrock Inc. and other leading institutional investors. The funding will be used to strengthen Archer’s financial position and allow the company to accelerate the development of its hybrid aircraft platform, particularly for defense applications.
Is $20 in Sight for Archer Aviation Stock This Year?
Archer Aviation (NYSE: ACHR) has been among the space's best performers, with shares up 95% over the prior six months. With shares hovering around the $10 mark in recent trading sessions and sporting a $4.
Archer Aviation raises $300M in equity financing
Archer Aviation (NYSE:ACHR) shares tumbled over 13% premarket on Tuesday after the air-taxi maker said it has raised $300M in equity financing from investors, including funds and accounts managed by BlackRock (BLK),
Archer Aviation Stock Sank Today -- Is This a Buying Opportunity?
Archer Aviation (NYSE: ACHR) stock is seeing big sell-offs in Tuesday's trading. The electric vertical takeoff and landing ...
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Archer Raises $300 Million For Hybrid Military eVTOL Program
Archer Raises $300 Million For Hybrid Military eVTOL Program is published in Advanced Air Mobility Report, an Aviation Week ...