New York City — where you can get a dollar slice at 2am or a McDonald’s delivery in under 30 minutes, but still spend two hours crawling down the highway to catch a flight. Archer Aviation wants to change that. The electric aircraft startup says its air taxis could one day fly passengers from Manhattan…
Category: Archer Aviation
Archer Aviation, defense, eVTOL, Fundraising, Global IT News, Global Security News, Startups, Transportation
Archer Aviation doubles down on defense aircraft with fresh $300M
Escalating geopolitical tensions and a new administration with a hawkish defense agenda has led many startups to embrace dual-use strategies to secure revenue through military applications. And it’s a trend that is already heating up in aerospace. Just look at Archer Aviation, a California-based startup building eVTOLs (electric vertical takeoff and landing vehicles). Until very…