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Archer Aviation secures $850 million in funding, with support from Trump for its electric air taxi initiative.

Archer Aviation secures $850 million in funding, with support from Trump for its electric air taxi initiative.

06/13/25, 7:15 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan jose
Money raised
$850 million
Industry
aerospace
transportation
Investors
Trump
Archer Aviation has raised $850 million in new funding following a series of executive orders by US President Donald Trump aimed at accelerating the development of electric air taxis and other advanced aviation technologies. With this capital, Archer is set to revolutionize urban transportation.

Company Info

Company
Archer
Location
san jose, california, united states
Additional Info
Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer’s mission is to unlock the skies, freeing everyone to reimagine how they move and spend time.

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