Archer, Raises Money and Defense Industry
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.
According to available data, a brand-new Piper Archer can cost around $400,000 to $520,000, whereas older used models can ...
The investment builds on last year’s $430 million equity deal and leaves the aviation company with approximately $1 billion ...
New York Post on MSN10d
BMW, Toyota and Boeing among eight companies racing to put first ‘flying car’ on the marketPopular automakers — including Honda, Hyundai, and BMW — are racing to get their new flying car models on the market with a ...
Archer Aviation, a Silicon Valley a Silicon Valley ... collectively have raised billions of dollars are taking to turn flying cars into more than just pie-in-the-sky concepts popularized in ...
EIGHT flying cars could soon take to the skies – from a lifesaving drone-like helicopter to a Batmobile EV fighter jet.
We recently compiled a list of the 10 Firms Begin Trading Week With Impressive Gains. In this article, we are going to take a ...
Archer Aviation (ACHR 1.71%) is nearing approval to begin flying an innovative vertical take off and landing aircraft that could disrupt air travel as we know it. Not only is the company working with ...
Time, money, and quality of life are lost by sitting in your car stuck on the road. What if there were a company aiming to help solve this issue? That is the goal of Archer Aviation (NYSE ...
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