Start-up Archer Aviation will now have access to about $1 billion to work on an electric vertical-take-off-and-landing ...
Air-taxi maker Archer Aviation said on Tuesday it has raised $300 million in a funding round that consisted of institutional ...
Archer announced it has raised $301.75M, further reinforcing Archer’s strong financial position and strategically positioning it to accelerate the development of its hybrid aircraft platform for the ...
This substantial influx of capital not only solidifies Archer’s balance sheet but also provides the financial resources to advance the development and commercialization of its eVTOL aircraft.
Investing in early-stage companies can be risky, especially when they don't even generate revenue. But sometimes, a high-risk stock can reward investors who time things right. Archer Aviation ...
Over the last 12 months, Archer Aviation has burned $415 million in free cash flow. At the end of the third quarter, it had $500 million in cash on the balance sheet and has a $400 million ...
Additionally, Archer Aviation has $1.5 billion in available funds, including $500 million in cash and zero long-term debt on its balance sheet. The company burned through about $415 million over ...