Archer Aviation Inc. Asset Profile

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Year established

2018

Location

San Jose CA US

Primary Industry

Aerospace

About

Founded in 2018 and based in California, US, Archer Aviation Inc. is an aerospace company that designs and manufactures aircraft. The company was co-founded by Mr. Brett Adcock and Mr. Adam Goldstein and has approximately 60 employees. In August 2023, Archer Aviation Inc. raised USD 215 million in PIPE funding led by Stellantis, with participation from ARK Invest, Boeing Company, and United Airlines. The company's offerings include an all-electric vertical take-off and landing aircraft focused on improving mobility in cities and enabling cities to have low air traffic with minimal noise from aircraft. The company’s revenue is generated through the sale of aircraft.

Current Investors

Wellington Management, Stellantis N.V, United Airlines

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Primary Industry

Aerospace

Sub Industries

Aerospace, Automobiles, Other Vehicles & Parts

Website

www.archer.com/

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Deals

Deals Type
PIPE

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Archer Aviation Inc.	11 Dec 2024

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