Archer Aviation ($ACHR) is moving fast ahead of Q2 earnings and its planned commercial flight launch by late 2025 or early ...

These moves come after the firm's December 2024 announcement of a partnership with Anduril to co-develop hybrid autonomous ...

Archer has acquired tilt-rotor tech from Overair and a factory from Mission Critical Composites to boost its defense activity ...

Archer Aviation, which is developing vertical-takeoff-and-landing military aircraft, said today it has acquired a patent ...

Archer (NYSE: ACHR) today announced two strategic acquisitions to accelerate the development of its next-generation defense ...

Karem Aircraft Inc., founded by the inventor of the predator drone, said Tuesday that it’s developing a flying vehicle for Uber Technologies Inc.’s envisioned network of electric air taxis.

Karem has been working on his Optimum Speed Tilt Rotor concept, as he styles it, for years, designing manned versions at aircraft weights from 10,000 to 250,000 pounds.

Karem Aircraft was founded in 2004; Karem will split his time between the two businesses, serving as chief designer for both. Uber has six vehicle development partners, said Ben Tigner, chief ...

Karem is smaller aircraft manufacturer, but it’s still an interesting choice for Uber. Abe Karem, founder and chairman of the company, is a pioneer in drone technology.

Karem Aircraft, which Uber partnered with last year, has just raised a $25 million Series A round for its new air taxi spin-off. The round was led by Korean industrial conglomerate Hanwha Systems.