Archer Aviation gets a $1 billion order from United Airlines, on the same day it announces a deal to go public
February 10, 2021 at 14:05 PM EST
Archer Aviation Inc. said Wednesday that United Airlines Holdings Inc. placed a $1 billion order for its all-electric vertical take-off and landing aircraft (eVTOL), on the same day the company announced a deal that will allow the public to invest in the urban air mobility (UAM) company in the coming months.