Archer Raises $300 Million For Hybrid Military eVTOL Program

Archer has raised more than $2 billion to date.

Credit: Archer Aviation
Archer has raised another $300 million in equity capital, building on its strong balance sheet and helping to finance the development of its planned hybrid-electric vertical-takeoff-and-landing (eVTOL) aircraft. The equity round was led by major institutional investors including Blackrock. The...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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