Articles for tag Archer
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Feb
18
2025
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Posted by Admin
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Tuesday, February 18, 2025 Santa Clara, CA—Archer Aviation (NYSE: ACHR) received FAA certification to launch its pilot training academy. This certification, referred to as Part 141, is granted to a flight school by the FAA, signifying that it is a formally recognized and regulated institution for pilot training.
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Archer
FAA
Part 141
Pilot Training Academy
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Press Releases
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Feb
11
2025
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Posted by Admin
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SANTA CLARA, CA, February 11, 2025—Today Archer announced it has raised $301.75M (1), further reinforcing Archer’s strong financial position and strategically positioning it to accelerate the development of its hybrid aircraft platform for the defense market and beyond. Leading institutional investors participated in this financing, including funds and accounts managed by BlackRock. This raise brings Archer’s total liquidity position to ~$1B. Archer has long maintained one of the strongest balance sheets in the industry, and this additional capital further strengthens its position.
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Archer
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Press Releases
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Jan
22
2025
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Posted by Admin
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Wednesday, January 22, 2025, Santa Clara, CA - This week Archer Aviation Inc. (NYSE : ACHR) added Lieutenant General (Ret) Scott Howell to its Advisory Board to help guide its newly formed Archer Defense business unit.
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Archer
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Press Releases
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Dec
19
2024
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Posted by Admin
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Covington, GA, Dec 19, 2024 - Archer Aviation Inc. (NYSE : ACHR) announced today that earlier this week it received the certificate of occupancy for its high-volume manufacturing facility, ARC, which is connected to the Covington Municipal Airport in Georgia. Archer is now working to complete the tooling load-in for the initial manufacturing line at this facility. Production is planned to begin in early 2025, with the goal of ramping to a rate of two aircraft per month by the end of the year.
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Archer
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Press Releases
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Dec
12
2024
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Posted by Admin
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SANTA CLARA, CA, December 12, 2024—Today, Anduril and Archer (NYSE: ACHR) announced an exclusive partnership to jointly develop a hybrid VTOL aircraft for critical defense applications targeting a potential program of record from the DOD.
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Anduril
Archer
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Press Releases
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Dec
06
2024
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Posted by Admin
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December 6, 2025 — Archer Aviation Inc. (NYSE: ACHR) today announced that it has entered into a multi-party collaboration agreement with key UAE and Abu Dhabi entities to advance the establishment of electric air taxi operations in Abu Dhabi.
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Tags:
Archer
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Press Releases