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Archer Raises $300M From Leading Institutional Investors To Accelerate Hybrid Aircraft Platform Development As Defense Opportunities Look Stronger Than Expected

Summary by Intelligence360 News
Leading institutional investors participated in this financing, including funds and accounts managed by BlackRock The additional $300M in equity capital reinforces its already strong financial position as it eyes strong demand in the defense market and beyond for its planned hybrid aircraft Archer has long maintained one of the strongest balance sheets in its industry, and this additional capital further strengthens its position bringing its tot…
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Archer Raises $300M From Leading Institutional Investors To Accelerate Hybrid Aircraft Platform Development As Defense Opportunities Look Stronger Than Expected

Leading institutional investors participated in this financing, including funds and accounts managed by BlackRock The additional $300M in equity capital reinforces its already strong financial position as it eyes strong demand in the defense market and beyond for its planned hybrid aircraft Archer has long maintained one of the strongest balance sheets in its industry, and this additional capital further strengthens its position bringing its tot…

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Intelligence360 News broke the news in on Wednesday, February 19, 2025.
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