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Strategic Funding to Accelerate eVTOL Aircraft Production Stellantis N.V. and Archer Aviation Inc. have announced a significant $55 million investment from Stellantis, under the companies’ strategic funding agreement. This follows the achievement of Archer’s transition flight test milestone last month and adds to Stellantis’ prior $39 million in open market purchases of Archer stock earlier […]
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With a fresh $8.3 million stock purchase, automotive titan Stellantis renews faith in Archer’s innovative Midnight aircraft, marking a significant step toward the 2025 retail launch. by DRONELIFE Staff Writer Ian J. McNabb American VTOL developer Archer Aviation recently announced that automotive giant Stellantis purchased over $8.3 million in stock, showcasing the potential of their […]
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