Archer Aviation doubles down on defense aircraft with $300M raise
Escalating geopolitical tensions and a new administration with a hawkish defense agenda have led many startups to embrace dual-use strategies to secure
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 Aviation raises $300 million in BlackRock-backed funding
Air-taxi maker Archer Aviation said on Tuesday it has raised $300 million in a funding round that consisted of institutional investors including accounts managed by BlackRock .
Archer Aviation raises $300M in equity financing
Archer Aviation (NYSE:ACHR) shares tumbled over 13% premarket on Tuesday after the air-taxi maker said it has raised $300M in equity financing from investors, including funds and accounts managed by BlackRock (BLK),
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,
autoevolution6d
Vertical VX4 VTOL About to Escape Its Airport Prison and Fly Free in the Sky
British aviation startup Vertical Aerospace announced it is getting ready to move into the next stage of test flights for the ...
Archer secures $301.75M to boost hybrid aircraft development
SANTA CLARA, Calif. - Archer (ACHR), a company specializing in the development of electric vertical takeoff and landing (eVTOL) aircraft, has successfully raised $301.75 million in a recent funding ...
Flightglobal9d
Why down-to-earth approach has Vertical Aerospace looking up
With its latest VX4 prototype now making steady flight-test progress, and a more favourable funding position secured, the UK ...
AeroTime5d
Vertical Aerospace and its VX4 eVTOL makes you believe the future is possible
AeroTime was recently given the unique chance to meet the Vertical Aerospace team and see its VX4 eVTOL aircraft in motion at ...
Horizon Aircraft Bolsters Cavorite X7 Development with Top Propulsion Expert
John Wyzykowski joins from Lilium, bringing significant eVTOL technical experienceTORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- New Horizon ...
Flying Car vs. eVTOL: Which Is the Best New Kind of Aircraft?
We look at the stats for the Doroni HX-1 and Klein Vision AirCar to see which might prevail in a commuter airplane duel. Both ...
AeroTime8d
Vertical Aerospace completes thurstborne test flight program
Vertical Aerospace has completed Phase 2 in its piloted thurstborne test flight program and is preparing for wingborne tests.
New Atlas4d
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 through a major milestone. In the video below you can see it break the ...
The Motley Fool12d
Is Archer Aviation Stock a Buy Now?
Archer makes electric vertical takeoff aircraft, which could provide an efficient transportation solution. It hopes to launch air taxi services in the UAE as early as the fourth quarter of this ...
TMCnet8d
Vertical Marks New Era of Progress With Successful Completion of Latest Piloted Testing Phase
To progress to wingborne flight, the next phase of the flight test programme, the UK Civil Aviation Authority (CAA) will ...