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

Jun 13, 2025•6 months ago

Amount Raised

$850 Million

San JoseAerospaceTransportation

Investors

Trump

Description

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 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

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