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-3.97350993377734E-05 0.00128476821192048 0.00132450331125825 0.00132450331125825 -0.00125827814569537 -0.00529801324503312 0.0185430463576159 0.0245033112582781
Stock impact report

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

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Business Wire
Integral to Archer’s strategic partnership with Anduril is the goal of delivering an autonomous, hybrid propulsion, vertical take-off and landing aircraft that can help modernize the U.S. and its allies’ vertical lift capabilities.The strategic alliance with Karem gives Archer exclusive access to the key aspects of Karem’s pioneering tiltrotor technology, which has been validated by the U.S. Army, to accelerate Archer’s development of a versatile dual-use aircraft platformThis new alliance, coupled with Archer’s acquisitions of Overair’s and Lilium’s patented technology, makes Archer uniquely positioned to bring to market a next-generation aircraft that can be capable of rapidly moving through contested airspace with a low thermal and low acoustic signatureKarem Aircraft, founded in 2004, is an innovative developer of aerospace technology, known for Abe Karem’s pioneering work that created the modern drone, and for the company’s continued innovation in rotorcraft SANTA CLARA, Calif Show less Read more
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