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Articles for tag Stellantis


Jul
03
2024

Stellantis Invests Additional $55 Million In Archer Following Recent Flight Test Milestone

Posted by Admin

AMSTERDAM and SANTA CLARA, CA, July 2, 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. 

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Tags: Archer eVTOL Stellantis
Categories: Press Releases