Finance

Archer Aviation: $457 net loss for 2023 as certification enters final stages

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Archer Aviation: $457 net loss for 2023 as certification enters final stages

Archer Aviation, developer of the Midnight eVTOL (electric vertical takeoff and landing) craft, has reported a net loss of $457.9 million for the full year 2023 despite noting a strong liquidity position of around $625m as of the end of Q4 2023, with its cash balances increasing quarter-on-quarter. ...

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