Archer Aviation doubles down on defense aircraft with fresh $300M
Escalating geopolitical tensions and a new administration with a hawkish defense agenda has led many startups to embrace dual-use strategies to secure revenue through military applications. And it’s a trend that is already heating up in aerospace.
Archer Raises $300M as Electric Air Taxi Firm Sets Sights on Defense
Manufacturer is developing a “next-generation” hybrid-electric, vertical takeoff and landing (VTOL) aircraft for defense applications.
Archer Raises $300M to Accelerate Hybrid Aircraft Platform
Archer announced that it raised $301.75 million to develop its hybrid aircraft platform for the defense market and beyond. The funds bring Archer’s total liquidity position to approximately $1 billion.
Archer raises $300M for defense market spend
Electric aircraft company Archer Aviation has raised another $300 million in equity to develop its tech for the defense market including a hybrid aircraft. Why it matters: National security has emerged as a lucrative source of funding amidst a broader slowdown in mobility and climate.
Archer Aviation raises $300M from Blackrock to expand defense sector focus
Electric vertical takeoff and landing aircraft company Archer Aviation Inc. announced today that it has raised $300 million in new funding via an equity capital raise. The $300 million in funding, raised through a securities purchase agreement,
Aviation Week3d
Archer Raises $300 Million For Hybrid Military eVTOL Program
Archer Raises $300 Million For Hybrid Military eVTOL Program is published in Advanced Air Mobility Report, an Aviation Week ...
New Atlas5d
Impressive jumbo cargo drone lifts off, aces hover test in new video
Hybrid-electric aircraft maker Pipistrel just pushed its Nuuva V300 electric vertical takeoff and landing (VTOL) craft ...
Flightglobal2d
ATR delays Evo launch after technology ‘reality check’
ATR has followed the lead of 50% owner Airbus and pushed back the service-entry target of its next-generation low-emission ...