Stellantis Boosts Funding in Archer Aviation by $55 Million
Strategic Funding to Speed up eVTOL Plane Manufacturing Stellantis N.V. and Archer Aviation Inc. have introduced a major $55 million funding from Stellantis, underneath the businesses’ strategic funding settlement. This follows the achievement of Archer’s transition flight check milestone final month and provides to Stellantis’ prior $39 million in open market purchases of Archer inventory…