Archer to Supply Its Proprietary Electric Powertrain to Third Parties, Starting with Anduril and EDGE Group for their Recently Announced Omen Autonomous Air Vehicle

DUBAI, United Arab Emirates--(BUSINESS WIRE)---- $ACHR--Archer Aviation Inc. (NYSE: ACHR) today announced an agreement to supply Anduril Industries and EDGE Group with Archer’s dual use electric powertrain technology to accelerate the development and scaled production of Anduril’s recently unveiled Omen Autonomous Air Vehicle system. The UAE has committed to an initial acquisition of 50 Omen systems, creating an established demand signal for the Omen system and Archer’s powertrain technology. The agreeme