EVTOL Company Archer Aviation Receives Additional $55M Investment From Stellantis

Credit to Author: Derek Markham| Date: Wed, 10 Jul 2024 16:27:34 +0000

The automaker Stellantis continues to invest in the future of urban mobility, and not just its own cars and trucks and other ground transport options, but also in the electric aviation sector, as evidenced by a recent $55 million investment in eVTOL company Archer Aviation. Stellantis had already invested $110 … [continued]

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Archer Completes Midnight’s Transition Flight (Video)

Credit to Author: Press Release| Date: Thu, 13 Jun 2024 23:12:28 +0000

Midnight Is Archer’s Second Full-Scale EVTOL Aircraft To Achieve This Milestone Midnight completed the transition flight on June 8th flying at speeds of 100+ MPH At ~6,500 lb, Midnight is believed to be one of the largest eVTOL aircraft to complete transition, which is critical to being able to carry … [continued]

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KakaoMobility Selects Archer Aviation As Its eVTOL Partner & Will Fund Archer’s Korean Commercialization Efforts

Credit to Author: Press Release| Date: Sun, 02 Jun 2024 04:08:51 +0000

Together They Will Conduct Public Flight Demonstrations As Part Of Korea’s Grand Challenge As Soon As Q4’2024 The Korean government has set the goal of commercializing urban air mobility in the country by the mid-2020s, and in support of that objective the Ministry of Land, Infrastructure and Transport (MOLIT) is … [continued]

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Interview With Archer Aviation

Credit to Author: Remeredzai Joseph Kuhudzai| Date: Mon, 29 May 2023 16:35:02 +0000

Archer Aviation is one of the firms leading the development of the electric vertical takeoff and landing (eVTOL) aircraft industry. Archer Aviation has a mission “to unlock the skies, freeing us to reimagine how we live and spend time.” Archer Aviation has a goal to deploy 6000 aircraft by 2030. Archer Aviation’s early go-to-market strategy is […]

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SPACs Are A Problem In North American Cleantech Investing

Credit to Author: Michael Barnard| Date: Tue, 17 May 2022 15:35:45 +0000

Cleantech SPAC Stock Prices Over TimeThe takeaway here shouldn’t be that cleantech firms are high risk and over valued. The takeaway is that unscrupulous people found a way to fleece a lot of investors of a lot of money via SPACs.

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Cleantech SPACs: Bane Or Boon For Climate Action?

Credit to Author: Michael Barnard| Date: Wed, 11 May 2022 21:06:18 +0000

Losses in Cleantech SPACs70% market cap loss. 7 of 16 facing investor lawsuits. That’s the world of cleantech SPACs in a nutshell. Caveat emptor.

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