Archer lands $1B order from United Airlines and a SPAC deal
Archer Aviation, the electric aircraft startup targeting the urban air mobility market, has landed United Airlines as a customer and an investor in its bid to become a publicly traded company via a merger with a special purpose acquisition company.
Archer Aviation said Wednesday it reached an agreement to merge with special purpose acquisition company Atlas Crest Investment Corp., an increasingly common financial path that allows the startup to eschew the once traditional IPO process. The combined company, which will be listed on the New York Stock Exchange with ticker symbol “ACHR,” will have an equity valuation of $3.8 billion.
still working it out. once an element isis is not dumb. they ll get into the city and start blending in. they re not going to sit out there like conventional forces do and sit in a defensive posture to allow aviation aircraft come in and destroy them. they re going to blend in. they get built into the city. they get embedded into the city. it becomes a block-by-block street-by-street door fight. this is critical. not going to happen in two days or week. this could be another month we re banging away at ramadi. okay. thank you very much. thanks. next cleveland officials just revealed they have putting in place stricter rules for the city for when and how its officers can use force. a lot of talk about training law enforcement there. all of this comes after an incredibly critical justice department report. we ll go through change police will be making in cleveland. also, more breaking news out of texas. 30 people we have learned in one