ACHR Jan 2025 2.000 call
- Yahoo Finance Video
Archer Aviation stock soars on $55M Stellantis investment
Shares of Archer Aviation (ACHR) are soaring on the news that Stellantis (STLA) is investing $55 million more into the electric aviation company. Josh Lipton and Seana Smith report more on the investment and Archer Aviation's outlook. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Business Wire
Stellantis Invests Additional $55 Million In Archer Following Recent Flight Test Milestone
AMSTERDAM & SANTA CLARA, Calif., July 02, 2024--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, today 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.
- Business Wire
Archer Announces Planned San Francisco Air Mobility Network Connecting Five Locations Across the Bay Area
SANTA CLARA, Calif., June 20, 2024--(NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced plans for an air mobility network that will connect five strategic locations across the San Francisco Bay Area - South San Francisco, Napa, San Jose, Oakland, and Livermore. Archer’s network is anticipated to provide unprecedented connectivity to communities around the region, allowing people to replace one-to-two-hour drives to cities around the bay with flights
