Archer, Atlas Crest Readjust Merger Valuation Downward

Carole Rickard Hedden July 29, 2021
Archer's eVTOL aircraft.
Credit: Archer
Startup advanced air mobility (AAM) company Archer and Atlas Crest Investment Corp., a special purpose acquisition company (SPAC), have revised downward the value of their proposed merger. The new transaction terms adjust the pro forma enterprise value of Archer from $2.7 billion to $1.7 billion, a...
Carole Rickard Hedden

Carole Rickard Hedden was Executive Editor for custom content and Program Excellence for the Aviation Week Network, providing custom content and research to industry executives.

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