Joby Aviation News

ReutersPreetika Parashuraman

Archer Aviation Raises $850M After Trump Executive Order to Accelerate eVTOL Deployment

Archer Aviation raised $850 million in new capital, reinforcing its balance sheet to a pro forma liquidity position of roughly $2 billion, after a White House executive order directing the FAA to fast-track an eVTOL Integration Pilot Program. The funding will underwrite air taxi infrastructure, AI software development and other commercial capabilities.

2025-06-12T22:34:11.076358-07:00

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