Archer will also create a new division known as Archer Defense. Archer's expertise is in building electric VTOL aircraft, including its commercial air taxi called Midnight, which the company ...

December 12, 2024--(BUSINESS WIRE)--Today, Anduril and Archer (NYSE: ACHR) announced an exclusive partnership to jointly develop a hybrid VTOL aircraft for critical defense applications targeting ...

VTOL aircraft, capable of taking off and landing vertically without needing runways, offer a wide range of applications. It could be used in combat operations, rescue operations, and more. Archer ...

Archer Aviation (NYSE: ACHR) of San Jose said it has entered into an exclusive agreement with Costa Mesa-based Anduril Industries to develop a hybrid vertical takeoff and landing (VTOL) aircraft for ...

(Graphic: Business Wire) With Archer’s ability to rapidly develop advanced VTOL aircraft using existing commercial parts and supply chains and Anduril's deep expertise in artificial intelligence ...

Archer and partner Anduril will design a new, hybrid-propulsion VTOL model the company describes as “next generation.” The program will draw from $430 million in fresh funding raised partially ...

The partnership leverages Archer's rapid development capabilities in advanced VTOL aircraft, utilizing commercial parts and supply chains, alongside Anduril's expertise in artificial intelligence ...

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.

("Archer") announced today that they have entered into an exclusive agreement to jointly develop a next-generation aircraft for defense applications. The companies’ first product from this partnership ...