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.
Archer, Anduril To Jointly Develop Hybrid-eVTOL For U.S. Military
Archer Aviation and Anduril Industries have signed a “strategic partnership” to develop “next-generation aircraft” for defense applications starting with joint development of a hybrid-electric-vertical-takeoff-and-landing (eVTOL) aircraft for a potential U.S. Department of Defense program. The two...
Palmer Luckey's Anduril partners with Archer Aviation to develop "next-gen" vertical takeoff vehicles for the US military
Tech entrepreneur Palmer Luckey's Anduril is teaming up with Archer Aviation to create a new generation of vertical takeoff aircraft it hopes to sell to the US military. A vertical takeoff and landing aircraft,
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.
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