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 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 Plummeting Today
Shares of Archer Aviation ( ACHR -7.58%) 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 ( ^GSPC 0.07%) slipped 0.1% and the Nasdaq Composite ( ^IXIC -0.22%) was down 0.3% on the day.
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 $300M to Accelerate Hybrid Aircraft Platform
Archer announced that it raised $301.75 million to develop its hybrid aircraft platform for the defense market and beyond. The funds bring Archer’s total liquidity position to approximately $1 billion.
Why Archer Aviation Is My Top Stock Pick for 2025
The electric vertical takeoff and landing (eVTOL) aircraft industry is approaching commercialization in late 2025, promising to revolutionize transportation in urban areas and beyond. Morgan Stanley, a top investment bank, estimates the eVTOL market could reach trillions of dollars by mid-century, creating a powerful investment trend.
Archer Aviation Stock Is Moving Lower Tuesday: What's Driving The Action?
Archer Aviation Inc (NYSE:ACHR) shares are trading lower Tuesday after the company announced new financing and reported preliminary results for the fourth quarter.
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 $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 raises $300M from Blackrock to expand defense sector focus
Electric vertical takeoff and landing aircraft company Archer Aviation Inc. announced today that it has raised $300 million in new funding via an equity capital raise. The $300 million in funding, raised through a securities purchase agreement,
Archer raises $301.75M from investors to accelerate hybrid aircraft platform
Archer announced it has raised $301.75M, further reinforcing Archer’s strong financial position and strategically positioning it to accelerate ...
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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 ...
Archer Aviation: Frothy Valuation Despite Continued Progress
Archer Aviation's stock surged on the back of President Trump's election and speculation about an easier path to ...