Archer Aviation has secured a $215-million equity investment from Stellantis—an American-Italian-French multinational automotive manufacturing corporation—Boeing, United Airlines, and a number of financial institutions including ARK Invest.
The capital infusion boosts Archer’s total to-date funding to over $1.1-billion. The Coast Guard employed Counter-Unmanned Aircraft Systems (UAS) capabilities in collaboration with the FAA, Seattle PD, and Mercer Island PD to enforce FAA-issued temporary flight restrictions over Lake Washington during 2023’s Seafair Weekend Festival in support of the event’s constituent airshow. Seattle residents generally associate Seafair with the Torchlight Parade, Seafair Cup hydroplane races, and performances by the U.S. Navy’s Blue Angels Flight Demonstration Squadron. Vertical Aerospace has confirmed that its VX4 eVTOL prototype had suffered a mishap during a test-flight at Gloucestershire, England’s Cotswold Airport (GBA). In a recent letter to shareholders, Vertical Aerospace asserted it has “made great strides” in its flight-test program this quarter, including the conduct of the VX4’s first untethered flights. All this -- and MORE in today's episode of
Airborne-NextGen!!!
Airborne-NextGen 08.15.23 is chock full of info in this Weekly News Episode, Tuesday, August 15th, 2023... Presented by Aero-TV veteran videographer and Airborne Hosts Holland Lee, Sophie Hurlock, Brianne Cross, Christopher Odom, and Laura Hutson, and is supported by ANN CEO/Editor-In-Chief Jim Campbell, and Chief Videographer Nathan Cremisino, this episode covers:
- Archer Makes a Trio of Major Announcements
- USCG Detects 16 Unauthorized UAS During Seattle Seafair Event
- Vertical Aerospace VX4 eVTOL Suffers Flight-Testing Mishap
- NASA SpaceX Crew-7 Personnel Commence Pre-Flight Preparations
- USMC Brass Visits Archer’s California Facilities
- India Cracks Down on Chinese-Made Drone Components
- ParaZero Receives Repeat Order from Major Automotive Manufacturer
Get Comprehensive, Real-Time, 24/7 coverage of the latest aviation and aerospace stories anytime, at aero-news.net. And be sure to join us again next week for the next edition of "Airborne-NextGen" here on Aero-TV. Thanks for watching. See you, again, next week!
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