---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-045021"
form_type: "8-K"
ticker: "ACHR"
cik: "0001824502"
company_name: "Archer Aviation Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:16:30.849672+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Archer signs MOU with Stellantis for up to $400M to scale Midnight aircraft manufacturing to 650/year by 2030

## Summary
- Stellantis commits up to ~$400M: ~$372M in manufacturing labor and up to ~$20M in initial capex.
- Target to scale production of Archer's Midnight aircraft to 650 units annually by 2030.
- Archer to issue Class A common shares to Stellantis based on labor/capex costs relative to 90% VWAP.
- Stellantis to receive performance warrant for up to 10,494,377 shares at $0.01 per share, plus potential additional 5M shares.
- Issuances subject to stockholder approval; Stellantis locked from transferring shares until Dec 31, 2027.

## SEC filing metadata
- accession: 0001628280-24-045021
- form_type: 8-K
- ticker: ACHR
- cik: 0001824502
- company_name: Archer Aviation Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824502/000162828024045021/0001628280-24-045021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824502/000162828024045021/achr-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-045021
- JSON: https://secwatch.observer/filing/0001628280-24-045021.json
- Plain text: https://secwatch.observer/filing/0001628280-24-045021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.