Sunday, 29 September 2024
Home Archer Announces Key Terms Of Contract Manufacturing Relationship With Stellantis–Representing Up To ~$400M To Help Scale Midnight Production To 650 Aircraft Annually–Secures $230M In Additional Equity Capital From Strategic & Institutional Investors
News Release

The following content is a news release distributed by Business Wire. The original news release may be found here.

Archer Announces Key Terms Of Contract Manufacturing Relationship With Stellantis–Representing Up To ~$400M To Help Scale Midnight Production To 650 Aircraft Annually–Secures $230M In Additional Equity Capital From Strategic & Institutional Investors

Distributed by Business Wire8 Aug 2024

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the second quarter ended June 30, 2024. The Company issued a shareholder letter discussing those results, as well as its third quarter 2024 estimates. The shareholder letter may be accessed on the Company’s investor relations website here. Commenting on second quarter 2024 results, Adam Goldstein, Archer’s CEO said: “This has been one of Archer’...

Read the full news release here

Latest on Kathari

dy Taff, right, and Brianna Byrd, left, with Sage Geosystems, a startup that aims to make clean electricity, pose while visiting Southwest Research Institute where testing and research is taking place in San Antonio, Monday, April 1, 2024. (AP Photo/Eric Gay)
ClimateFuel

Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity

29 Sep 2024The Associated Press
Grape-pickers harvests Chardonnay grapes at Domaine Lavantureux vineyards, in Chablis, Burgundy region, France, Wednesday, Sept. 25, 2024. (AP Photo/Aurelien Morissard)
AgricultureClimateEnvironmentIndustryWeather

Climate change and harsh weather in France bring challenges to Chablis wine country

29 Sep 2024The Associated Press
FILE PHOTO: A BYD electric vehicle charges in a Charging Station in front of the Ministry of Economy building in Brasilia, Brazil October 18, 2023. REUTERS/Adriano Machado/File Photo
AutomotiveElectric Vehicles

Hybrid, electric car sales to outpace rest of the market in Brazil in 2030, study shows

27 Sep 2024Reuters
U.S. President Joe Biden delivers remarks on climate at the Bloomberg Global Business Forum, on the sidelines of the 79th session of the United National General Assembly (UNGA) in New York City, U.S., September 24, 2024. REUTERS/Elizabeth Frantz/File Photo
EconomyInfrastructureManufacturingPoliticsRegulations

Biden still opposes Nippon Steel deal’s bid for US Steel

27 Sep 2024Reuters
BiodiversityElectricityEnvironmentIndustryInfrastructureRegulationsResiliencyWind

US postpones sale of floating offshore wind leases along Oregon coast

27 Sep 2024The Associated Press
The Pickering Nuclear Generating Station, in Pickering, Ont., is seen on Sunday, Jan. 12, 2020. THE CANADIAN PRESS/Frank Gunn
ElectricityNuclearPoliticsSmall Modular Reactors

Ontario’s first new nuclear reactor in a generation heads to public hearing

27 Sep 2024The Canadian Press

Related Articles

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump gestures as he speaks at a campaign event in Asheville, North Carolina, U.S. August 14, 2024. REUTERS/Jonathan Drake/File Photo
BusinessElectionsElectric VehiclesFinanceIndustryManufacturingPolitics

Trump says he’ll consider scrapping ‘ridiculous’ EV tax credit

Tax credits and incentives are not generally a very good thing, Trump...

By David Shepardson19 Aug 2024Reuters
dy Taff, right, and Brianna Byrd, left, with Sage Geosystems, a startup that aims to make clean electricity, pose while visiting Southwest Research Institute where testing and research is taking place in San Antonio, Monday, April 1, 2024. (AP Photo/Eric Gay)
ClimateFuel

Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity

Cindy Taff, right, and Brianna Byrd, left, with Sage Geosystems, a startup...

By Jennifer Mcdermott29 Sep 2024The Associated Press
Grape-pickers harvests Chardonnay grapes at Domaine Lavantureux vineyards, in Chablis, Burgundy region, France, Wednesday, Sept. 25, 2024. (AP Photo/Aurelien Morissard)
AgricultureClimateEnvironmentIndustryWeather

Climate change and harsh weather in France bring challenges to Chablis wine country

Grape-pickers harvests Chardonnay grapes at Domaine Lavantureux vineyards

By Samuel Petrequin29 Sep 2024The Associated Press
A free library and bench sit in a meadow in Callahan Park in Detroit, Tuesday, Sept. 10, 2024. (AP Photo/Paul Sancya)
AnalysisClimateEnvironmentIn-DepthResiliencyWeather

Urban communities that lack shade sizzle when it’s hot. Trees are a climate change solution

DETROIT – Along a busy road in west Detroit, there’s little respite...

By Jennifer Mcdermott and Alexa St. John28 Sep 2024The Associated Press
U.S. President Joe Biden delivers remarks on climate at the Bloomberg Global Business Forum, on the sidelines of the 79th session of the United National General Assembly (UNGA) in New York City, U.S., September 24, 2024. REUTERS/Elizabeth Frantz/File Photo
EconomyInfrastructureManufacturingPoliticsRegulations

Biden still opposes Nippon Steel deal’s bid for US Steel

Biden says his opposition to Nippon's bid for U.S. Steel hasn't changed...

By Reuters27 Sep 2024Reuters

Login into your Account

Please login to like, dislike or bookmark this article.