Archer Aviation raises $430 million through equity offering

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.
Archer Aviation raises $430 million through equity offering, partners with Anduril
By Anshuman Tripathy (Reuters) -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 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
Archer Announces Strategic Partnership With Anduril to Develop Hybrid VTOL Military Aircraft; Raises An Additional $430M
Today, Anduril and Archer (NYSE: ACHR) announced an exclusive partnership to jointly develop a hybrid VTOL aircraft for critical defense applications targeting a potential program of record from the DOD.
Archer, Anduril to Pitch DOD on ‘Next-Generation’ Defense Aircraft
Archer Aviation—the manufacturer of a five-seat electric air taxi that takes off vertically like a helicopter but cruises on fixed wings like an airplane—is partnering up with autonomous systems developer Anduril to design a hybrid-powered, vertical takeoff and landing (VTOL) aircraft intended for the U.S. Department of Defense.
Archer Aviation unveils new strategic partnership as part of its defense program
Archer Aviation (NYSE:ACHR) announced on Thursday that it entered a strategic partnership with Anduril to develop a next-generation aircraft for defense applications. The first product from the partnership is expected to be a hybrid-propulsion,
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Archer Aviation partners with defense company Anduril for DoD contract
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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 ...
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