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Archer Aviation Secures $650 Million in Registered Direct Offering

Nov 06, 202524 days ago

Amount Raised

$650 Million

San JoseAerospaceTransportation

Investors

Certain Institutional Investors

Description

On November 6, 2025, Archer Aviation Inc. completed a registered direct offering, securing gross proceeds of $650 million by issuing 81,250,000 shares of its Class A common stock. The offering is set to close on or around November 10, 2025, pending customary conditions. These funds will support the company's initiatives in electric vertical flight solutions.

Company Information

Company

Archer Aviation

Location

San Jose, California, United States

About

Archer Aviation Inc. is a leader in electric vertical takeoff and landing (eVTOL) aircraft, dedicated to designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks.

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Funding Insights

Based on industry data
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