Archer Aviation
Archer Aviation is an eVTOL aircraft company developing its "Midnight" electric vertical takeoff and landing air taxi, designed to carry four passengers plus a pilot on urban 20-mile trips, targeting commercial launch in the U.S. and UAE with partners like United Airlines. The company is also pursuing defense applications through Archer Defense, including a partnership with Anduril to develop an autonomous hybrid-electric VTOL aircraft for U.S. Department of Defense use.
“Archer Aviation (NYSE: ACHR) agreed to acquire Wisk Aero, SkyGrid and Insitu from Boeing (NYSE: BA).”