Archer Aviation Collaborates With Anduril on Autonomous VTOL Aircraft Platform
Archer Aviation has partnered with defense company Anduril to develop an autonomous vertical takeoff and landing (VTOL) aircraft platform, including a defense variant called 'Thunder.' The collaboration could provide Archer with new revenue opportunities as it awaits FAA certification for its flagship eVTOL model. Archer's stock rose about 20% following the announcement.
Tickers: $ACHR
Topics: autonomous aircraft defense technology eVTOL partnership