Archer Aviation Secures $430 Million Investment in Strategic Partnership with Anduril

Archer Aviation Secures $430 Million Investment in Strategic Partnership with Anduril
5 months ago

Archer Aviation, an emerging leader in electric vertical takeoff and landing (eVTOL) aircraft, has recently announced a significant partnership with defense technology company Anduril Industries. This collaboration comes with a lucrative financial backing amounting to $430 million, marking a pivotal moment for Archer as it seeks to navigate the electrifying world of urban air mobility.

Continue reading
Geely Sets Its Sights on German Flying Taxi Startup Volocopter

Geely Sets Its Sights on German Flying Taxi Startup Volocopter
6 months ago

In a strategic move reflecting China's growing interest in the aerial transport sector, Geely Technology Group, a prominent automotive manufacturer, is reportedly working towards acquiring the German urban air mobility startup Volocopter. This endeavor signals a significant shift in the dynamic between established automotive players and emerging aerial taxi services.

Continue reading