Key Takeaways Archer Aviation is pivoting from urban air mobility toward defense contracts with its Midnight eVTOL. ACHR partnered with Anduril and raised over $700M to fund hybrid VTOL development for defense. Acquisitions from Overair and Mission Critical Composites boost ACHR's prototyping and fabrication. Archer Aviation Inc. ((ACHR) started its journey in 2018 with the mission to make urban air travel safe, quiet, and affordable by developing electric vertical takeoff and landing (eVTOL) aircraft. Whi ...