Archer Aviation raises $430 million through equity offering

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.
Anduril and Archer building hybrid aircraft for military use
Defense contractor Anduril Industries and Archer Aviation are together developing a hybrid-power vertical takeoff and landing aircraft they hope can win the Pentagon's favor. Why it matters: Climate change concerns,
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,
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 ...
Aviation Week47m
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 ...
New Atlas15h
Archer Aviation partners with defense company Anduril for DoD contract
In a major development at the nexus of military and commercial technology, Archer Aviation and Anduril Industries have ...
Archer Aviation: Bullish Future Despite Stellantis Turmoil
Archer Aviation has shown significant progress, achieving key milestones and presenting a robust commercialization strategy.
Archer back 'home' after first season with Bananas
After an unforgettable first professional season with the Savannah Bananas, former University of Hawaii baseball standout ...
Why Archer Aviation (ACHR) Is the Worst ARK Stock to Buy According to Short Sellers?
We recently published a list of 10 Worst ARK Stocks To Buy According to Short Sellers. In this article, we are going to take ...
Think It's Too Late to Buy Archer Aviation? Here's the Biggest Reason Why There's Still Time.
For those who found Archer Aviation (NYSE: ACHR) flying onto their radars recently, the stock's rise has undoubtedly been ...