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 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 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.
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 .
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
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),
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Air taxi developer Archer receives a further 300 million dollars
A few weeks ago, the Californian air taxi developer raised $430 million from investors. Now, BlackRock and others have added another $300 million. Archer's ...
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 ...
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, ...
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Is Archer Aviation Stock a Buy Now?
Archer Aviation is one of the leading companies ... in the United Arab Emirates and Abu Dhabi; it hopes to launch air taxi services in the UAE as early as the fourth quarter of this year.
Rigetti Computing vs. Archer Aviation: A Head-to-Head Growth Stock Showdown
Innovative growth stocks attract investors seeking exceptional returns. Companies developing breakthrough technologies can create entirely new markets or revolutionize existing ones. While these ...
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 ...