Archer and Karem Aircraft Announce Exclusive Collaboration to Utilize Military-Grade Rotor Technology on Archer's Next-Generation Dual-Use VTOL Aircraft

SANTA CLARA, Calif. & ORANGE COUNTY, Calif.--(BUSINESS WIRE)---- $ACHR--Archer Aviation Inc. (NYSE: ACHR) today announced an exclusive collaboration with Karem Aircraft, giving Archer access to the key aspects of Karem's advanced, military-grade rotor and tiltrotor technologies for integration into Archer's next-generation autonomous, hybrid-propulsion VTOL aircraft. The collaboration marks a significant addition to Archer's strategy as the company accelerates development of its dual-use vertical lift pl. ...