Palmer Luckey’s defense tech company will make next-gen military aircraft with Archer

Electric aviation startup Archer Aviation signed an exclusive deal with Palmer Luckey’s defense contractor, Anduril Industries, to jointly develop next-generation aircraft for the military. Archer also announced a new funding round of $450 million to help propel its defense ambitions. The first product will be a hybrid propulsion vertical takeoff and landing aircraft that will serve as the basis for the companies’ bid for a contract with the US Department of Defense.

'The first product will be a hybrid propulsion vertical takeoff and landing aircraft' Archer also announced it will be the recipient of a fresh capital round, with $430 million coming from preexisting investors such as Stellantis and United Airlines as well as new funders like Wellington Management and Abu Dhabi investment holding company 2PointZero, a subsidiary of the United Arab Emirates’ largest listed entity, IHC. Archer says it has raised a total of $2 billion to date.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

OpenAI is partnering with defense tech company AndurilOpenAI will integrate its tech into Anduril’s counterdrone systems software, which has a $200 million contract with the US Marine Corps.
مصدر: verge - 🏆 94. / 67 اقرأ أكثر »

OpenAI partners with defense company AndurilOpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for “national security…
مصدر: NBCDFW - 🏆 288. / 63 اقرأ أكثر »