Archer, a Santa Clara, CA-based airspace technology company, rased $300M in funding.
The round saw participation from undisclosed investors, including funds and accounts managed by BlackRock.
The company intends to use the funds to consolidate its financial position and accelerate the development of its hybrid aircraft platform for the defense market and beyond.
Led by CEO Adam Goldstein, Archer is designing and developing technologies and aircraft to empower the aviation industry. It launched a new division, Archer Defense, in December 2024, to develop new aircraft for defense applications. The first product from this unit is planned to be a hybrid-propulsion, vertical-take-off-and landing aircraft.
FinSMEs
12/02/2025