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Stellantis Invests Additional $55 Million In Archer Following Recent Flight Test Milestone
ACHRArcher Aviation (ACHR) Newsfilter·2024-07-02 13:02

Stellantis Invests Additional 55MillionInArcherFollowingRecentFlightTestMilestoneInvestmentfromStellantisunderthecompaniesstrategicfundingagreementbuildsonthe55 Million In Archer Following Recent Flight Test Milestone Investment from Stellantis under the companies' strategic funding agreement builds on the 39 million worth of open market purchases of Archer stock that Stellantis completed earlier this year, and the $110 million investment made by Stellantis in Archer during 2023Construction nears completion on Archer's high-volume manufacturing facility in Covington, GA, which is on track to be completed later this year AMSTERDAM ...