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The phrase "and has reached" is correct and usable in written English.
It can be used to indicate that something has arrived at a certain point or level, often in a context of achievement or progress.
Example: "The project has been in development for two years and has reached a critical milestone."
Alternatives: "and has attained" or "and has arrived at".
Exact(60)
After a slow start, the film is recovering, and has reached £9.69m so far.
Lane has been studying the four-page document since, and has reached a few conclusions.
He has already written 40,000 words and has reached only 14 years of age.
Di Venuto remains, solid and relaxed and has reached his century.
The economy is at or near full employment and has reached its potential capacity.
That generation grew up with international brands and has reached drinking age now.
She has been practicing kendo since age 11 and has reached the fourth dan.
My lambing percentage of my adult ewes averages 180percentt and has reached at times 200percentt.
He has a degree from New York University's Polytechnic Institute and has reached the company's highest ranking for technology certification.
Ofcom said it would assess the complaints before investigating, and has reached the conclusion that Burley did nothing wrong.
It is declining steadily, and has reached the level at which it was measured before the accident.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com