Tag Archives: Stellantis and Archer

Cleared for Takeoff – Archer Aviation and Stellantis

Posted on 19 June 2023 by Ken Zino

Stellantis previously said it will provide up to $150 million in equity capital for potential draw by Archer at its discretion in 2023 and 2024, subject to achievement of certain business milestones which Archer predicted will occur during 2023. If AutoInformed’s math is right, manufacturing aircraft at the forecast volumes would make Covington the world’s leading aircraft manufacturing facility. Continue reading →

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Paris Air Show – Stellantis and Archer to Debut eVTOL Aircraft

Posted on 9 June 2023 by Ken Zino

Archer’s Midnight aircraft will be the featured eVTOL aircraft at the Paris Air Show, positioned in the center of the Air Mobility event, which is located in Hall 5 at Le Bourget Airport. Devoted to the latest innovations and emerging technologies in eVTOL, the Paris Air Show’s Air Mobility event will bring together key participants of the emerging sector with three days of discussions on the maturation of advanced air mobility and its impact on the future of aerospace. Continue reading →

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