Archer teams up with Anduril and raises $430 million to build defense aircraft | TechCrunch
Briefly

from TechCrunch1 month ago
Archer has raised an additional $430 million, reaching nearly $2 billion in total financing, to develop VTOL aircraft for critical defense applications alongside Anduril.
TechCrunchhttps://techcrunch.com/2024/12/12/archer-teams-up-with-anduril-and-raises-430-million-to-build-defense-aircraft/
CEO Adam Goldstein explained that the hybrid VTOL design will enhance performance in speed, range, and payload while maintaining characteristics desired in defense operations.
TechCrunchhttps://techcrunch.com/2024/12/12/archer-teams-up-with-anduril-and-raises-430-million-to-build-defense-aircraft/
Read at TechCrunch
#defense-technology #aerospace #investment #vtol-aircraft #geopolitical-tensions
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