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Archer Aviation Secures $850M Funding to Advance eVTOL Initiatives and Infrastructure

Jun 13, 2025 (4 hr ago)
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Archer Aviation raised $850 million through a stock sale to support its Launch Edition program and infrastructure expansion, bolstering its position in the eVTOL market.

Funding and Strategic Expansion

  • ACHR sold 85 million shares at $10 each, raising $850 million to support its Launch Edition program, AI-driven flight management tools, and global infrastructure expansion1
  • The funds will also back plans to provide air taxi services at the 2028 Los Angeles Olympics, a key milestone for the company1

Regulatory and Industry Support

  • The White House announced an Executive Order establishing a U.S. pilot program for eVTOL integration, expected to accelerate deployment of eVTOL aircraft2
  • ACHR's CEO called the Executive Order a "seminal moment" for the industry, noting the company now has the resources to execute its plans domestically and abroad2

Product Showcase and Market Expansion

  • ACHR will display its Midnight eVTOL at the Paris Air Show, targeting the United Arab Emirates as an initial "Launch Edition" market3
  • The company is hosting delegations from over 20 countries, signaling strong international interest in its technology3
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