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, 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 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 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241212020131/en/
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,
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 ...
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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 ...
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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 ...
Archer Aviation’s Stock Climbs And Descends Faster Than Its Air Taxi
It has been a turbulent 30 days in the stock market for Archer Aviation (ACHR). It could become even more whipsaw for the ...
Archer Aviation: Bullish Future Despite Stellantis Turmoil
Archer Aviation has shown significant progress, achieving key milestones and presenting a robust commercialization strategy.
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The Archer Aviation Inc Stock Thriller: Decoding the Mystery Behind ACHR’s Recent Movements
Archer Aviation Inc (ACHR) stock saw a decline, ending the day at $7.72 which represents a decrease of $-0.10 or -1.28% from the prior close of $7.82. The stock opened at $7.64 and touched a low of $7 ...