Archer, a developer of electrical vertical take-off and touchdown (eVTOL) plane, has made two acquisition to spice up its capabilities and assist advance the event of its next-generation defence plane.
The corporate acquired a patent portfolio and key staff from Overair, an organization that emerged from Karem Plane that develops and manufactures fixed-wing and rotary-wing plane.
Archer additionally purchased sure composite manufacturing property and a roughly 60,000ft² manufacturing facility from Southern California-based defence composite maker Mission Vital Composites.
This acquisition is meant to internalise important fabrication capabilities, thereby enhancing its capability to quickly prototype and iterate parts important for defence programmes.
In keeping with Archer, these two offers construct on its announcement of a partnership with Anduril Industries in December final yr, geared toward co-creating hybrid autonomous VTOL army plane.
In June 2025, Archer raised a further $850m, which brings the corporate’s professional forma liquidity to an estimated $2bn.
Archer founder and CEO Adam Goldstein mentioned: “The Administration has made it clear: Main in superior aviation in each industrial and defence is a nationwide precedence. These acquisitions are a part of our dedication—we’re working to speed up our product growth to fulfill our nation’s wants.”
This monetary enhance coincides with the Pentagon’s current “funds request allocation” of $13.4bn devoted to autonomous army methods.
In August 2024, Archer Aviation delivered its first Midnight eVTOL aircraft to the US Air Pressure.
This announcement comes on the heels of a partnership between Archer rival Joby Aviation and US defence contractor L3Harris Applied sciences.
Joby and L3Harris are set to explore the development a new gas turbine hybrid VTOL aircraft for doable use by the army for low-altitude missions.
