Tag: Archer Aviation

Archer Aviation Secures USAF Payment. In a significant move, the U.S. Air Force has swiftly initiated the execution of recently announced contracts, with an initial payment of nearly $1 million disbursed to Archer Aviation Inc., a leading player in the electric vertical takeoff and landing (eVTOL) aircraft sector. These groundbreaking contracts, valued at up to $142 million, represent a transformative step towards integrating eVTOL technology into military operations.