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Archer, Anduril

Archer Aviation Teams Up with Anduril For Defense VTOL, Bolsters Arsenal With $430M Raise

Archer Aviation Inc. (NYSE:ACHR) shares are trading lower on Thursday. The company announced a new exclusive partnership with Anduril Industries to develop a hybrid Vertical Take-Off and Landing (VTOL) aircraft for defense applications.

TechCrunch on MSN · 13h

Archer teams up with Anduril and raises $430 million to build defense aircraft

Funding to defense tech companies has boomed in 2024 as geopolitical tensions rise, advancements in AI abound, and investors seek out a new growth area

The Verge on MSN · 9h

Palmer Luckey’s defense tech company will make next-gen military aircraft with Archer

Electric aviation startup Archer Aviation signed an exclusive deal with Palmer Luckey’s defense contractor, Anduril Industries, to jointly develop next-generation aircraft for the military. Archer also announced a new funding round of $450 million to help propel its defense ambitions.

Orange County Business Journal1d

Anduril, Archer Developing VTOL

Archer Aviation (NYSE: ACHR) of San Jose said it has entered into an exclusive agreement with Costa Mesa-based Anduril Industries to develop a hybrid vertical takeoff and landing (VTOL) aircraft ...

Hosted on MSN9h

Archer Aviation’s $430M Fund-Raise Triggers Stock Dip, But Retail Shrugs It Off

Shares of Archer Aviation Inc (ACHR) were trading nearly 7% lower on Thursday after the firm announced $430 million in ...

11h

Local air taxi company raises $430M

Archer Aviation has raised $430 million to be used in part to develop a next generation hybrid aircraft with new strategic ...

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