Archer Aviation (ACHR) and Formula 1 said Thursday they are launching a multiyear partnership under which Archer will be at some Grands Prix events in markets where the company plans to operate in across the US, Middle East, Asia and Europe.
The companies said they will also explore the integration of Archer's eVTOL air taxi services at Grand Prix events.
Financial details were not provided.
Price: 4.60, Change: -0.27, Percent Change: -5.45
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments