Archer Aviation raises $430M, partners with Anduril to develop military aircraft
Anduril, the company with which Archer is collaborating on the project, received a $14 billion valuation in its most recent funding round. It makes a range of defense systems including drones and trucks. In August, Anduril detailed plans to build a new factory that will expand its manufacturing capacity by more than five million square feet.
Archer Aviation raises $430 mln through equity offering, partners with Anduril
Air-taxi maker Archer Aviation said on Thursday it has raised $430 million in fresh capital, part of which will be used to develop a hybrid aircraft with defense tech company Anduril Industries.
Palmer Luckey's Anduril partners with Archer Aviation to develop "next-gen" vertical takeoff vehicles for the US military
The US military is a major buyer of VTOL aircraft. The Marine Corps flies Lockheed Martin's F-35B jump-jet, seen as a replacement for the AV-8B Harrier. And the US Army chose Bell's V-280 Valor tiltrotor to replace its UH-60 Blackhawk helicopters made by Sikorsky; the V-280 has almost twice the Blackhawk's speed.
Archer, Anduril to develop hybrid VTOL military aircraft
Anduril Industries and Archer have an exclusive partnership to jointly develop a hybrid propulsion vertical-take-off-and landing (VTOL) aircraft for critical defense applications targeting a potential program of record from the U.S. Department of Defense (DOD).
Archer, Anduril to develop next-gen defense aircraft
Archer Aviation and Anduril Industries announced that they're partnering on the development of a next-generation VTOL aircraft that could be used by the U.S. military.
Archer and Anduril’s hybrid VTOL aircraft for US military to advance aerial warfare
The partnership between Archer and Anduril aims to reduce the time and cost required to bring hybrid VTOL capabilities to the defense market.
Aviation Week3d
Viewpoint: Soaring To A Sustainable Future - The Role Of AI In Aviation
AI is redefining air travel, making it more intelligent, convenient, and sustainable. AI-driven advanced support systems are ...
What Drone Hysteria Reveals About AI, Trust And Reality
Mysterious drone sightings highlight how uncertainty fuels speculation, revealing parallels with AI hallucinations and the ...
Ex-Google CEO Eric Schmidt Sees AI Drones As The Future Of Warfare But Stresses Need For 'Meaningful Human Control'
Former Google CEO Eric Schmidt stressed that artificial intelligence-powered drones represent the future of warfare while ...
Aviation Today11d
Skunk Works Partnership Demonstrates Airborne Battle Management With AI-Controlled Aircraft
Lockheed Martin this year has been conducting flight-tests of artificial intelligence-controlled aircraft in air-to-air engagements, including a more recent demonstration where a human “battle ...
Taiwan News10d
Aerospace Artificial Intelligence Market 2025 Top Players, Emerging Demand, Business Profit Analysis, Revenue and Expansion Strategies by 2033
In the dynamic landscape of aerospace technology, artificial intelligence (AI) emerges as the catalyst for revolutionary advancements. The Aerospace Artificial Intelligence Market witnesses an ...
Daily Wrap on MSN5d
K-AI initiative: Redefining the future with unmanned combat aircraft
The Korean aerospace company KAI has announced the commencement of work on unmanned combat aircraft. The K-AI Pilot research ...