Archer Receives $10 million Pre-Delivery Payment From United Airlines for 100 eVTOL Aircraft

Financial commitment is the latest vote of confidence by United in the Archer team, after United's 2021 conditional purchase of Archer's eVTOL aircraft $10 million pre-delivery payment for 100 of Archer's production eVTOL aircraft is believed to be one of the first of its kind in the industry Deposit has broader implications for the eVTOL [...]