Archer And Karem Aircraft Announce Exclusive Collaboration To Utilize Military Grade Rotor Technology On Archers Next Generation Dual Use Vtol Aircraft

Archer Aviation Inc. (NYSE: ACHR) today announced an exclusive collaboration with Karem Aircraft, giving Archer access to Karem’s advanced, military-grade rotor and tiltrotor technologies at gross vehicle weights between 4,000 and 12,0000 pounds for integration into Archer’s next-generation autonomous, hybrid-propulsion VTOL aircraft.