Archer Aviation Inc. (NYSE: ACHR) has raised $850 million in new financing following the announcement of an Executive Order issued by the White House, led by President Trump, seeking to accelerate the integration of eVTOL aircraft into U.S. airspace through a new National Pilot Program.

The company will work in coordination with the White House, the Department of Transportation, and the Federal Aviation Administration (FAA) to facilitate this integration ahead of the Los Angeles 2028 Olympic Games, where Archer will serve as the official air taxi provider for both the event and the U.S. Olympic team.

With this new investment, Archer strengthens its balance sheet, which now exceeds $2 billion in pro forma liquidity, positioning itself as a leader in the industry. The funds will be used to boost the company’s commercial capabilities, develop key infrastructure, and create an artificial intelligence-based software platform for advanced aviation.

Source and Credit to Archer Aviation

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