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
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. Existing investors United Airlines and Stellantis as well as new backers such as Wellington Management and Abu Dhabi investment holding company 2PointZero participated in the fundraising,
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 Aviation Partners With Anduril, Gets $430 Million in Backing
Electric aircraft maker Archer Aviation Inc. has brought in $430 million from investors, the company said Thursday, and announced a new partnership with weapons maker Anduril Industries Inc. to build a hybrid military aircraft.
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 teams with Anduril to develop hybrid VTOL aircraft for defense
Anduril and Archer announced an exclusive partnership to jointly develop a hybrid VTOL aircraft for critical defense applications targeting a
Archer partners with Anduril on defense project, announces $430M in new funding
Archer s partnering with AI-focused defense technology company Andurill Industries to develop a hybrid-propulsion, vertical-take-off-and-landing.
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,
Archer Aviation Secures $430M for Defense VTOL Development
Archer Aviation ( (ACHR) ) has provided an update.
Archer Announces Strategic Partnership With Anduril to Develop Hybrid VTOL Military Aircraft; Raises An Additional $430M
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. This press release features multimedia.
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