Archer Accelerates Defense Program with Two Strategic Acquisitions as it Pursues Growing Demand - Candlesense

Archer Accelerates Defense Program with Two Strategic Acquisitions as it Pursues Growing Demand

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $ACHR #Archer--Archer (NYSE: ACHR) today announced two strategic acquisitions to accelerate the development of its next-generation defense aircraft. These acquisitions build on Archer’s December 2024 announcement of a strategic partnership with Anduril to co-develop hybrid, autonomous VTOL military aircraft—followed by $1.3B in capital raised to pursue both defense and commercial opportunities. Since that announcement, Archer continues to see growing demand from majo