We're excited to announce that Stellantis has invested an additional $55 million following our recent flight test milestone. Here are the highlights: 🤝 Stellantis' investment under our strategic funding agreement builds on their $39 million in Archer stock purchases earlier this year and a $110 million of investments in 2023 🏗️ Construction of our high-volume manufacturing facility in Covington, GA is nearing completion and on track to finish later this year https://lnkd.in/gh-Gy4wq
Lets see if, and when, Archer, with Stellantis as a partner, produce as many composite aircraft as Cirrus did last year. Is Maserati producing ~1400 carbon fibre MC20 supercars a year comparable with producing composite aircraft?
Amazing!! Congratulations!
Exciting! Go Archer.
This is the future, some of us still like the feel of a high powered v8 but the reality is right in front of us. Stellantis will be a true leader in this field.
Impressive having a company like Stellantis investing in Archer. Also Lyten batteries seems promising. For me that your factory is coming on line late this year. That is the fantastic news.
Congrats and fell free to let me know if i can contribute to any on-demand manufacturing for free
Just it just me or does this feel like another great race type of thing. Every one getting to be the first public EVTOL! I put my money on you guys
Keep it up... we're almost there.
I admire Stellantis dare forward 2030 strategy and clear vision on mobility very very much !!
BEV Battery Pack Integration Design Engineer
1wStellantis/Tavares investe Milioni di Dollari su azienda aeronautica e nello stesso tempo distrugge i Brand storici Italiani dell'automobile. Chiede e ottiene fondi per la cassa integrazione dallo Stato Italiano per i dipendenti della Maserati. Chiude stabilimenti di produzione Maserati. Riduzione del personale Maserati invitato a licenziarsi per tagli. Intanto lui si grogiola investendo Milioni di Dollari su aziende aeronautiche. Complimenti al Presidente, chissà cosa gli direbbe l'Avvocato. Povera ITALIA