The Long Investor
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$ACHR - WATCHLIST -
🕑 Added 2025-02-11 13:48:18 +0000 UTCTechnical breakout now after holding above the 0.5 Fib and 0.38 Fib for Wave 4.
They have just received a $300 million investment from Blackrock who consistently have their fingers on the pulse.
There is no denying the set up here for Wave 5 to $18, once the 0.38 Fib holds at $9
Aerospace startup Archer Aviation just raised more capital.
That's a good thing and this money is earmarked for a new idea — defense.
Tuesday, the maker of electric vertical take off and landing, or eVTOL, aircraft announced a $300 million investment from partners, including BlackRock.
Archer ended the third quarter with more than $500 million in cash and cash equivalents on its balance sheet. It also had access to money from its partner, auto maker Stellantis. Archer says the new capital gives the company access to about $1 billion in total liquidity.
Comments
Kyle Lewis
Cap this is so funny, blackrock buys 300 million, the stock tanks the next day allowing them to buy more common shares. Then brand new military contract news breaks the next day with “Anduril is taking over the @USArmy's Integrated Visual Augmentation System (IVAS) program $ACHR also has a very tight knit partnership with Anduril
Irish Hero
yeah it's interesting..
House of Wick
interesting timing of this post. now below 9
