Archer Aviation Stock (ACHR) Spikes After Hours Following Deal To Supply Powertrains To Palmer Luckey's Anduril - Archer Aviation (NYSE:ACHR)

Archer Aviation Stock (ACHR) Spikes After Hours Following Deal To Supply Powertrains To Palmer Luckey's Anduril - Archer Aviation (NYSE:ACHR)

California-based eVTOL, or electric vertical takeoff and landing aircraft maker, Archer Aviation Inc. (NYSE:ACHR) announced a significant new deal to supply its powertrains to the lucrative defense industry, but the stock witnessed a pullback nonetheless. Powertrain Supply To The Defense Industry On Monday, the company announced that it will be supplying its proprietary electric powertrain technology to leading defense contractor Anduril Industr…

Archer Aviation strikes deal to supply electric propulsion system to Anduril, bolstering its path to revenue

Archer Aviation announced its new agreement with Anduril after the market closed on Monday....

Archer Aviation To Supply Its EVTOL Engines For Anduril's Omen Autonomous Air Vehicle - Stuff South Africa

Archer Aviation is one of several companies developing flying taxis (try not to think about what that would look like in South Africa). One indication of how well the outfit’s tech is doing is that it’s now destined for military applications. The eVTOL (electric vertical takeoff and landing) maker has announced that it has entered into a partnership with Anduril Industries — the folks who make the US military’s coolest battlefield helmet — and E…

Archer to supply electric powertrain technology to Anduril Omen UAV

Archer Aviation is expanding its business model by supplying its proprietary electric powertrain technology to third parties, beginning with Anduril’s planned Omen unmanned air vehicle developed in partnership with EDGE.

Archer Aviation to supply electric powertrain to Anduril, EDGE for Omen drone

By Shivansh Tiwary (Reuters) -Archer Aviation said on Monday it will supply its electric powertrain for the Omen autonomous air vehicle, being co-developed by U.S. defense technology firm Anduril Industries and UAE-based EDGE group. The agreement marks Archer's first third-party application of its powertrain, currently used in its Midnight electric vertical take-off and landing (eVTOL) aircraft, and introduces a new revenue stream for the compan…

Archer Lends Electric Air Taxi Powertrain to Anduril’s Omen Concept

Most aviators familiar with Archer Aviation know the company as a developer of electric vertical takeoff and landing (eVTOL) air taxis. But the firm is expanding its horizons. At the Dubai Airshow on Monday, Archer announced a fresh agreement with autonomous systems developer Anduril and Edge Group—a United Arab Emirates (UAE) based defense conglomerate that sells arms and munitions to law enforcement, security, and military customers—to lend it…