Since its founding in 2018, Archer has been at the forefront of efforts to make urban air-taxi networks and eVOTL aircraft.
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Despite Caterpillar’s latest earnings beat, some analysts say the equipment giant faces mounting risks from data-center opposition.
On Thursday, employees and early investors will be able to sell another 911 million shares worth some 12% of the company
The $266 million Space Force deal covers at least 12 suborbital launches, with the first set for later this year.
The Trump administration has asked for a 44% increase in military spending in 2027, bringing the Pentagon budget near $1.5 trillion.
Air taxi firm Archer unveiled a hybrid-electric eVTOL jointly developed with buzzy defense startup Anduril for commercial and military use.
Opinions ranged from “bullish” to “extremely bullish” among the four big banks that led the SpaceX IPO, as each initiated coverage on Tuesday.
On Monday, the defense contracting giant announced a $3.5 billion acquisition of naval-defense company Ultra Maritime.
SpaceX’s debut has proven more rollercoaster ride than rocket trip so far — for its own investors as well as for smaller firms in its wake.
Lockheed Martin has won billions in defense contracts over the next six years, but faces White House pressure to speed up production.
The shares sold in last week’s IPO represented just 5% of its outstanding stock, leaving retail investors clawing for the limited float
GM’s growth capacity has become strained in recent years, in part due to uncertainty around the future of electric vehicle demand.
With the German car industry mired in structural disarray, the pivot to the thriving defense sector has fast become a sign of the times.
Projections of massive growth for X (née Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis.
The Pentagon has been slow to invest in drones, stifling the sector’s ability to ramp up in the US. Now, it’s playing catch-up.