Archer raises $175M PIPE at $3.35/sh; Stellantis commits up to $400M for manufacturing

Archer Aviation Inc.

Raised $175M from institutional investors and $55M from Stellantis (July 1) for total $230M since Q2 end.
Stellantis to fund up to ~$370M in labor and ~$20M in CapEx to scale Midnight production to 650 aircraft/yr by 2030.
Future Flight Global MOU for up to 116 Midnight aircraft worth up to $580M with pre-delivery payments.
Delivered first Midnight to USAF for evaluation under AFWERX Agility Prime contract (up to $142M).
Stockholder approval required for certain equity issuances to Stellantis under the manufacturing agreement.

item 1.01 item 7.01 item 2.02 item 3.02 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.