Archer’s recently acquired composite manufacturing facility in Huntington Beach, California. (Photo: Archer/PRNewswire)
HUNTINGTON BEACH, Calif.—Archer made two strategic acquisitions recently to accelerate the development of its next-generation defense aircraft, the company announced in a release.
The acquisitions are reported to build on Archer’s December 2024 announcement of a strategic partnership with Anduril to co-develop hybrid, autonomous VTOL military aircraft. The company stated it has raised $1.3 billion in capital to pursue defense and commercial opportunities.
“Since that announcement, Archer continues to see growing demand from major allied defense programs worldwide,” the company said in the release.
To help meet that demand, Archer acquired a patent portfolio and hired critical employees from Overair, a spin-off of Karem Aircraft. Karem Aircraft developed and manufactured advanced fixed-wing and rotary-wing aircraft focused on the use of high-efficiency tiltrotors. Archer also acquired key composite manufacturing assets and an approximately 60,000-square- foot manufacturing facility from Mission Critical Composites, a specialized defense composite manufacturer in Southern California.
“These assets allow Archer to bring core composite fabrication capabilities in-house, supporting its defense program needs for rapid prototyping and iteration,” the release stated.