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

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

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Geely Sets Its Sights on German Flying Taxi Startup Volocopter

Geely Sets Its Sights on German Flying Taxi Startup Volocopter
1 month 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.

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