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Archer Aviation $ACHR Strikes Again - Announces $215 Million Investment from Boeing, United, Stellantis, and ARK Investment Fund
Sitting up over 30% after hours, $ACHR announced a flurry of information on their earnings call this afternoon.

In addition to the funding, Archer announced the settling of a lawsuit previously against Boeing and Wisk Aviation revolving around trade secrets.

With the addition of Boeing as a strategic partner and a continued partnership with United Airlines, in my opinion, Archer is closing the gap on $JOBY as the industry leader.

Reuters
Flying taxi maker Archer settles Boeing Wisk lawsuits, shares jump
Air taxi maker Archer Aviation has reached an agreement with Boeing and its Wisk air taxi unit to settle litigation and collaborate on autonomous technology, the companies said on Thursday.

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