Archer Aviation has entered into an exclusive partnership with Anduril Industries to develop military aircraft, announcing $450 million in funding to enhance its defense capabilities.
The collaboration aims to create a hybrid propulsion VTOL aircraft, which will form the basis of Archer's bid for contracts with the US Department of Defense.
The company’s new internal division, Archer Defense, signifies its commitment to becoming a key supplier for the military, reflecting a growing trend among aviation firms.
Archer has raised a total of $2 billion to date, with significant backing from investors including Stellantis and United Airlines, bolstering its aviation ambitions.
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