9-Jul-2024Source: Archer Aviation
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) and Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced Archer has received an additional $55 million investment from Stellantis under the companies’ strategic funding agreement following the achievement of its transition flight test milestone last month.... Read more
19-Mar-2024Source: Archer Aviation
Stellantis N.V. and Archer Aviation Inc. (NYSE: ACHR) announced that Stellantis recently completed a series of open market purchases of ~8.3 million shares of Archer’s stock signaling Stellantis’ continued confidence in Archer’s plans to bring electric vertical take-off and landing (eVTOL) aircraft to market beginning in 2025. Stellantis’ increased investment in Archer follows CEO Carlos Tavares’ recent... Read more
15-Aug-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced operating and financial results for the second quarter ended June 30, 2023. In tandem with earnings, Archer made a series of announcements that reinforce its path to FAA certification and commercial operations in 2025. Archer has landed a $215... Read more
20-Jun-2023Source: Archer
Archer Aviation Inc. (NYSE: ACHR) and Stellantis N.V. announced progress in their strategic manufacturing partnership at the 2023 Paris Air Show. With construction now well underway on the world’s first high-volume eVTOL aircraft manufacturing facility located on an approximately 100-acre campus in Covington, Georgia, Stellantis recently increased its strategic shareholding through a series of purchases of Archer... Read more
14-Jun-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) and Stellantis N.V. will attend the 54th edition of the 2023 Paris Air Show, starting June 19, 2023, to share progress toward scaling manufacturing of Archer’s Midnight eVTOL aircraft as Archer prepares for planned commercialization in 2025. Archer’s Midnight aircraft will be the featured eVTOL aircraft at the Paris Air Show, positioned in... Read more
5-Jan-2023Source: Archer Aviation
Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) and Archer Aviation Inc. (NYSE: ACHR) announced that they have agreed to significantly expand their partnership by joining forces to manufacture Archer’s flagship electric vertical take-off and landing (eVTOL) aircraft, Midnight. Stellantis will work with Archer to stand up Archer’s recently announced manufacturing facility in Covington, Georgia at... Read more
