Americas

Archer Aviation closes Q3 of 2022 with cash equivalents of $600 million

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Archer Aviation closes Q3 of 2022 with cash equivalents of $600 million

Archer Aviation closed the Q3 of 2022 with cash, cash equivalents, and short-term investments of $600 million. The company reported total operating expenses of $93.8 million and a net loss of $91 million. During the reporting period, Archer achieved an important milestone of completing its first win...

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