This influx of capital pushes Archer’s total funding beyond the $1.1 billion mark, a financial milestone crucial for the company's ambitious roadmap towards obtaining FAA certification and initiating commercial operations by 2025.

This latest financing effort has brought the company’s total capital raised to $56 million since its inception in 2021.

During this period, over 400 pathology samples were transported between two ESNEFT locations, emphasizing the potential of drone operations to complement existing medical courier services, benefiting both patients and healthcare professionals.

The Unmanned Aerial Vehicle (UAV) team at Sellafield accomplished the maiden flight of the Elios 3 drone fitted with a LiDAR sensor.

The funds are earmarked to bolster its BVLOS (Beyond Visual Line of Sight) drone network, which covers essential infrastructure across the nation.

This newly launched drone is aimed at drone service providers and logistics operators, offering an off-the-shelf solution for last-mile delivery requirements.

The U.S. Air Force Security Forces, responsible for safeguarding Air Force bases, made the request. They will receive 172 units of the Teal 2, accompanied by spare parts and necessary training.

The project, named Peregrine, commenced in 2020, leveraging advances in fixed-wing UAVs and smaller electronic components.

The trial took place in Walsall, where an automated drone station has been established with the goal of improving transport efficiency across various networks.

Governor Gretchen Whitmer signed off on the funding on July 31, earmarking it for the creation of an advanced air mobility park named MICH-AIR at the bustling Battle Creek Executive Airport (BTL).