(Reuters) -Automaker Stellantis will invest an additional $55 million in Archer Aviation after the air taxi maker’s flagship aircraft completed a transition flight last month, the companies said on Tuesday. The latest investment follows the automaker’s open market purchases of 8.3 million shares of Archer’s stock in March, which made Stellantis the largest shareholder in […]
Gainesville has opened the SW 62nd Boulevard Connector one month ahead of schedule, providing drivers with access to the new 1.1-mile roadway that helps link Newberry and Archer roads, according to a city news release. The $18.8 million project, which is meant to improve accessibility and bolster safety on Gainesville roads, was largely funded by […]
(Reuters) – Archer Aviation said on Wednesday the U.S. Federal Aviation Administration (FAA) has granted the company a certificate to begin commercial operations, making it the second electric air taxi maker to achieve the key milestone. Shares of the Santa Clara, California-based company rose 3% in morning trade on receipt of the nod, known as […]
Apr. 2—CHEYENNE — The Laramie County Board of County Commissioners has unanimously approved a $572,356 bid for a new sign off Interstate 80 to advertise events at the Archer Complex. The sign will be a double-sided, illuminated monument with a 200-square-foot electronic display. The electronic display will change to advertise different events at the Archer […]
WASHINGTON — The Supreme Court on Monday turned away an appeal brought by Devon Archer, a former business partner of Hunter Biden convicted for his role in defrauding the corporate arm of a Native American tribe. The court’s refusal to hear Archer’s case means the conviction remains in place and brings him closer to serving […]