Archer UAM Aircraft and Honeywell MicroVCS
by DRONELIFE Staff Writer Ian M Crosby
Archer Aviation [NYSE: ACHR] is one of the holdings in the AdvisorShares Drone Technology ETF [NYSE ARCA:UAV], the only ETF dedicated to the drone economy. The AdvisorShares Drone Technology ETF is a thematic investment strategy seeking to capture the growth opportunities in drones and autonomous vehicles (AV). AdvisorShares is a DRONELIFE sponsor.
Archer Aviation and Honeywell Aerospace have entered into an agreement regarding the supply of flight control actuation and thermal management technologies for Archer’s production aircraft. Honeywell’s offerings are invaluable to Archer’s operations, with the aerospace company’s actuation technology playing a crucial role in Archer’s 12 tilt 6 configuration, and its thermal management technology to be utilized to elevate Archer’s in-cabin experience.