Air taxi maker Archer raises $850 million after Trump executive order

Rareș Mustață

Air taxi maker Archer Aviation on Thursday said it raised $850 million in funding following executive orders signed by U.S. President Donald Trump to boost electric air taxis. Trump's orders also focused on bolstering U.S. defenses against hostile drones, and supporting the development of supersonic commercial aircraft. Earlier this year, Archer secured $300 million in a funding round led by institutional investors, including accounts managed by BlackRock . In April, Archer unveiled plans to

Tag-uri: Donald Trump

Air taxi maker Archer raises $850 million after Trump executive order https://www.channelnewsasia.com/ - 13.06.2025 08:53
Air taxi maker Archer raises $850 million after Trump executive order https://www.channelnewsasia.com - 13.06.2025 08:05

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Air taxi maker Archer raises $850 million after Trump executive order https://www.channelnewsasia.com/ - 13.06.2025 08:53
Air taxi maker Archer raises $850 million after Trump executive order https://www.channelnewsasia.com - 13.06.2025 08:05