Archer Aviation (ACHR) Raises $300M From Leading Institutional Investors
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Archer Raises $300M From Leading Institutional Investors To Accelerate Hybrid Aircraft Platform Development As Defense Opportunities Look Stronger Than Expected
February 11, 2025 9:00 AM ESTLeading institutional investors participated in this financing, including funds and accounts managed by BlackRock The additional $300M in equity capital reinforces its already strong financial position as it eyes strong demand in the defense market and beyond for its planned hybrid aircraft Archer has long maintained one of the strongest balance sheets in its industry, and this additional capital further strengthens its position bringing its total liquidity to ~$1 billion
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Today Archer announced it has raised $301.75M1, further reinforcing Archers strong financial position and... More
