"Air-taxi maker Archer Aviation, said on Thursday it has raised $430 million in fresh capital, part of which will be used to develop a hybrid aircraft with defense tech company Anduril Industries. Shares of Archer were down 4% in early trading. Existing investors United Airlines, and Stellantis, as well as new backers such as Wellington Management and Abu Dhabi investment holding company 2PointZero participated in the fundraising, which was through an equity offering. Anduril, which was founded by entrepreneur Palmer Luckey, and Archer said the aircraft would target a potential 'program of record' — a government approved and authorized acquisition program — from the Pentagon. The companies did not disclose any details of the vertical takeoff and landing aircraft, including its target entry-into-service date or the investment involved." #anduril #archer #evtol #defense #equipmentfinance #equipmentleasing #finance #corporatefinance #financialservices https://lnkd.in/eYW6UEqa
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Air-taxi maker Archer said on Thursday it has raised $430 million in fresh capital, part of which will be used to develop a hybrid aircraft with defense tech company Anduril Industries. Story for Reuters
Archer Aviation raises $430 mln through equity offering, partners with Anduril
reuters.com
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Air-taxi maker Archer Aviation said on Thursday it has raised $430 million in fresh capital, part of which will be used to develop a hybrid aircraft with defense tech company Anduril Industries. Existing investors United Airlines and Stellantis as well as new backers such as Wellington Management and Abu Dhabi investment holding company 2PointZero participated in the fundraising, which was through an equity offering.
Archer Aviation raises $430 mln through equity offering, partners with Anduril
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Bristol-based Vertical Aerospace, a leader in sustainable electric aviation, has secured €47.6 million ($50 million USD) in funding as part of a €171.1 million ($180 million USD) financial restructuring deal with Mudrick Capital Management. This funding bolsters Vertical’s financial stability and supports its ambitious Flightpath 2030 Strategy. 𝗥𝗘𝗔𝗗 𝗧𝗛𝗘 𝗗𝗘𝗧𝗔𝗜𝗟𝗦 👉 https://lnkd.in/dusyPrjk Eduardo Dominguez Puerta Michael Angelo MUSTILLO Derek Cheng Romain Legast Sergio Minguela Justin Bates Simon Harper Michael Cervenka Dean Bickham Aaron Beider Alex Edwards John Maloney Mike Harrup Benjamin Story Limhi Somerville David King Eric Samson Kurt Clement Marta Martinez-Montoro Stuart Simpson Josh Maddison Darragh Hanley-Crofts Andrew Macmillan Lindsay Roberts Vincent Casey Samuel Emden Hannah Coleman #aerospace #startups #fundignews #founders #venturecapital #privateequity #aviation #aircrafts
Vertical Aerospace raises €47.6M to propel Electric Aviation with VX4 Aircraft - FoundersToday
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✦ JOBY AVIATION aims to raise up to $300 million through a public stock offering to support its commercial launch in 2025 ✦ With existing funds, JOBY plans to secure CERTIFICATION, enhance MANUFACTURING capabilities, and partner with DELTA AIR LINES and UBER for urban air taxi services ✦ JOBY holds a significant $131 million CONTRACT with the DEPARTMENT OF DEFENSE for their initiatives #JobyAviation #eVTOL #UrbanAirMobility
Joby Aviation kickstarts $300M public fundraising for eVTOL launch
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Big news in the private aviation world - Our partners at Wheels Up have announced a significant fleet modernization, including the acquisition of 17 Phenom 300s through GrandView Aviation and the sale of their Citation X aircraft. You can read more in this article by Corporate Jet Investor: https://lnkd.in/e_65uA3R #IADA #IADABroker #AviationBroker #AircraftSales #BusinessAviation #PrivateAviation #JetSales #AircraftAcquisitions
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#Aircraft_Leasing Market Along with an In-depth Analysis of the Competitive Landscape 2023-2032 >> https://lnkd.in/g2NvDMf5 #Aircraft leasing is an #alternative to purchasing aircraft. Basically, it is a #transfer of aircraft by the #lessor (owner) to the lessee. Most of the #airlines operate their #business by taking aircraft on #lease to offer the services to #passengers. AerCap ALAFCO Aviation Lease and Finance Company Ansett Worldwide Aviation Services Pty Ltd BBAM BOC Aviation Boeing GE CAPITAL AVIATION SERVICES (SOUTH AFRICA) Saab Aircraft Leasing Holdings AB SMBC Aviation Capital #aviation #businessaviation #marketresearch #technologies #aircraftmaintenance #aerospaceindustry
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The year-end is upon us, and no better time to think about tax planning. Follow this article to learn about ways to mitigate tax liabilities and fly private the rest of your life!!!
How to Buy a $10,000,000 Jet for Less Than $8,000,000. First National Capital's Aviation Team recently put together an essential series of insights on how to make an investment in private aircraft more affordable. https://lnkd.in/dv58hMat
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📢We're excited to share an extraordinary opportunity at ARC Aerosystems. This isn't just an invitation to support us; it's a chance to become a part of our journey. Today, we're opening the doors for you to invest and join the ranks of our current investors 🎉. · Recent Milestones: ARC Aerosystems showcased Europe’s largest UAV in Scotland last year, as part of a British Government initiative. · Acquisition Update: In 2023, ARC acquired the IP and Type Certificate for the Avian 2/180 Gyroplane - the Pegasus. The Pegasus stands out in a market crowded with emerging eVTOL concepts, thanks to its certification and proven operational reliability. · Funding Success: We have successfully secured over £10 million in funding from a diverse range of sources. This includes grants from Innovate UK, financial support from the British Business Bank, and contributions from private investors. · Current Fundraising Goal: Our current efforts are focused on preparing our certified aircraft for manufacturing. Notably, over 25% of our target amount has already been committed by three UK-based investors. · Your Investment Impact: By investing in ARC Aerosystems, you're not only supporting groundbreaking aerospace technology but also aligning with a promising financial opportunity in a burgeoning industry ✈ 🚁. To learn more and secure your exclusive Early Access, sign up on https://lnkd.in/ed5hNWSh. This is more than an investment; it's your chance to be part of the future of aerospace technology. Your support is not just appreciated - it's pivotal. #aviation #arcaerosystems #investements #fundingopportunity #crowdfunding #vtol #cranfield #uk Disclaimer: Don’t invest unless you’re prepared to lose all of the money you invest. This is a high-risk investment, and you are unlikely to be protected if something goes wrong. https://lnkd.in/d2pbNbb.
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The saga of Go First Airlines, which abruptly ceased operations in May 2023, has taken another significant turn. In a development that could reshape the Indian aviation landscape, Aeroconsultant, a specialized aviation consulting firm, has successfully transferred the airline's fleet of Airbus A320neo aircraft to their respective lessors. This achievement marks a crucial step in the resolution of the complex financial and legal issues surrounding Go First's collapse. #Airport #Airline #GoFirst #A320 #AviationIndustry #AviationOasis https://lnkd.in/eEnncGSq
Go First's A320neo Fleet: A New Chapter Begins / Leasing | Aviation Oasis
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