investment

Manufacturer will receive a fresh cash injection from its longtime partner, which is expected to support production of its flagship air taxi.

Lieutenant Governor Garlin Gilchrist announces that Beta Technologies, Skyports, Traverse Connect, and Michigan Central will receive fresh funding.

The investment gives the company a post-sale valuation of about $275M as it works to develop its flagship TriFan 600.

The installment is expected to be the first of many for Archer, which signed contracts with AFWERX Agility Prime worth up to $142 million in July.

Short-term capital infusion is expected to help cash-strapped, on-demand private aviation firm avoid bankruptcy.

Archer finally got a monkey off its back, settling its litigation with Wisk Aero and turning its former foe into a key collaborator.

Funding and agreement will speed development and commercialization of the company’s aircraft, which takes off from runways as short as 150 feet.

The company’s net loss skyrocketed, but its strong cash position and continued certification progress keep it on track for a 2025 launch.

Cirrus Aircraft, headquartered in Duluth, Minnesota, has filed documents for a $300 million IPO in Hong Kong, according to a report by International Finance Review on Friday. The report stemmed from a regulatory filing accessed by FLYING. Within the filing is language indicating that the company does not intend to register with the Securities Exchange […]

After a full year under new ownership, FLYING owner and CEO Craig Fuller outlines how the investment has been a smashing success thanks to more content of the highest quality, enormous advertiser support, and big plans to expand.