On July 20, Archer Aviation rose 8.34% in pre-market trading, trading at $4.80 USD/share, with turnover of $2.272 million.

The rally was driven by the announcement that Anduril Industries and Archer Aviation jointly unveiled an autonomous vertical takeoff and landing (VTOL) platform designed to serve both commercial and defense applications. The collaboration merges Anduril's expertise in autonomous systems with Archer's advanced air mobility technology, aiming to create a versatile and scalable aircraft solution that addresses dual-use market demand.

The partnership represents a significant expansion of Archer's addressable market into the defense sector, complementing its existing commercial eVTOL trajectory. The company has been building momentum throughout the year, having been selected for the White House eVTOL Integration Pilot Program with partners in Texas, Florida, and New York, while also reporting record FAA certification progress in Q1 with US commercial operations expected to launch this year. Archer's Q1 results also beat consensus estimates, posting a loss of $0.28 per share versus the $0.32 loss expected.

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