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Tag: Archer Aviation

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4 min to read
  • News
Posted on April 6, 2021April 6, 2021

Flying-Taxi SPAC Accused of Stealing Aircraft Technology

Wisk Aero LLC, a maker of electric-powered aircraft designed for use as flying taxis, claims its technology was stolen by Archer Aviation Inc., a rival startup valued at $3.8 billion in a blank-check deal earlier this year involving United Airlines Holdings Inc. and investment banker Ken Moelis.

1 min to read
  • Resources
Posted on March 5, 2021March 5, 2021

Archer Aviation and Atlas Crest Investment Corp. Investor Presentation

The Investor Presentation for the Archer Aviation and Atlas Crest Investment Corp. merger is available.

2 min to read
  • News
Posted on February 26, 2021February 26, 2021

SPAC Frenzy Emboldens Silicon Valley Startups to Forgo Venture Funding: Report

California aerospace startup Archer Aviation Inc. has a multibillion-dollar vision of flying people around town in autonomous electric helicopter-like vehicles. It doesn’t have revenue or a vehicle ready for passengers, but that hasn’t slowed the three-year-old company.

3 min to read
  • News
Posted on February 10, 2021February 10, 2021

Archer lands $1.1B order from United Airlines and a SPAC deal

Archer Aviation, the electric aircraft startup targeting the urban air mobility market, has landed United Airlines as a customer and an investor in its bid to become a publicly traded company via a merger with a special purpose acquisition company. 

2 min to read
  • News
Posted on February 10, 2021February 10, 2021

Busy day in the SPACsphere as deals, including Kaepernick, run hot

Colin Kaepernick took his activism to the wide world of SPACs. Archer, a developer of all-electric vertical take-off and landing (eVTOL) aircraft, is combining with SPAC. The Beachbody Company Group also announced its intention to become a public company.

2 min to read
  • News
Posted on February 5, 2021February 4, 2021

Electric Aircraft Startup Archer to Go Public at Multibillion Dollar Valuation via SPAC – Sources

Electric aircraft startup Archer Aviation Inc. plans to go public by merging with a special purpose acquisition company, or SPAC, in a deal that will give the company a multibillion dollar valuation, according to people familiar with the matter.

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