Archer Aviation Raises $300M
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equity offeringReuters
•Technology
Technology
Archer Aviation raises $300 million in BlackRock-backed funding

83% Informative
Air-taxi maker Archer Aviation said on Tuesday it has raised $300 million in a funding round.
Archer expects the capital raise to help it accelerate the development of its hybrid aircraft platform and further reinforce its balance sheet.
The company previously raised $430 million in December through an equity offering.
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