Archer Aviation is making strides in the air-taxi market, securing a $370 million funding commitment from Stellantis to support aircraft production ramp-up. This investment will enable Archer to increase its annual production of the ‘Midnight’ …
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Atos Secures $1.82 Billion to Restructure Debt, Shares Surge
Atos, the French IT company, has secured €1.675 billion ($1.82 billion) in funding from banks and bondholders to restructure its debt. This agreement covers over 50% of Atos’ creditors and provides the company with the …
Continue readingIntel Leads Investment in Israeli AI Construction Startup Buildots
Israeli construction technology startup Buildots has secured $15 million in funding, led by Intel Capital. The investment, which also included participation from OG Tech Partners and previous investors, brings Buildots’ total funding to $121 million. …
Continue readingSpace Startup Funding Soars Amid Geopolitical Tensions
Space startups saw a surge in funding during the second quarter of 2023, attracting $2.41 billion in global investments. This marks the third consecutive quarter of growth, driven by increased government spending and geopolitical tensions. …
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