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Archer Secures $35-40 Million Drilling Contract with Vista in Argentina.
Nov 09, 2026
Contract Type
contract
San JoseManufacturingAdvertisingTransportationAerospace
Description
Archer has been awarded a new 2-year drilling contract by Vista in the Vaca Muerta shale play, with an additional 1-year option. The total value of the contract is estimated at USD 35-40 million and includes deployment of Archer's AC drilling rig DLS-156 to support Vista’s development programme.
Company Information
Company
Archer Aviation
Location
190 West Tasman Drive
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.