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Stellantis Boosts Investment in Archer Aviation by $55 Million

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Strategic Funding to Accelerate eVTOL Aircraft Production Stellantis N.V. and Archer Aviation Inc. have announced a significant $55 million investment from Stellantis, under the companies’ strategic funding agreement. This follows the achievement of Archer’s transition flight test milestone last month and adds to Stellantis’ prior $39 million in open market purchases of Archer stock earlier […]

The post Stellantis Boosts Investment in Archer Aviation by $55 Million appeared first on DRONELIFE.

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