Archer Aviation doubles down on defense aircraft with $300M raise

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. Take Archer Aviation, a California-based startup building eVTOLs (electric vertical takeoff and landing vehicles). Until very recently, Archer’s go-to-market strategy was an air taxi networks across several cities in the U.S. and abroad.