Air-Taxi Startup Archer Secures United Airlines Order In Deal To Go Public

Archer
Archer’s eVTOL has six rotors for lift and six tilting propellers for lift in vertical flight and thrust in wingborne cruise.
Credit: Archer
Urban air mobility startup Archer is to go public in a deal that will raise up to $1.1 billion to fund commercialization of the company’s all-electric air taxi. The transaction includes investment and aircraft orders from United Airlines, with services planned to begin in 2024. Archer has agreed to...

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