Escalating geopolitical tensions and a new administration with a hawkish defense agenda has led many startups to embrace dual-use strategies to secure revenue through military applications. And it’s a trend that is already heating up in aerospace.

Electric aircraft company Archer Aviation has raised another $300 million in equity to develop its tech for the defense market including a hybrid aircraft. Why it matters: National security has emerged as a lucrative source of funding amidst a broader slowdown in mobility and climate.

Electric vertical takeoff and landing aircraft company Archer Aviation Inc. announced today that it has raised $300 million in new funding via an equity capital raise. The $300 million in funding, raised through a securities purchase agreement,