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Mobility

Boeing sells three air taxi startups to Archer Aviation

Boeing is selling three electric vertical takeoff and landing (eVTOL) subsidiaries to Archer Aviation and will also take an equity stake in Archer. The assets include Wisk Aero, SkyGrid and Insitu. Boeing and Archer will share technology, while Boeing will retain access to Wisk’s autonomous flight system for commercial and defence projects. Archer plans to begin pilot air taxi services before year-end in New York, Texas and Florida.

Industry

Japan looks to cut Chinese drone reliance, aims for 80,000 a year by 2030

Japan is stepping up efforts to build a domestic drone production system to reduce reliance on a China-centred supply chain. The strategy includes shifting private drone firms toward defence work and expanding government budgets to strengthen unmanned systems competitiveness. The ruling Liberal Democratic Party has approved a plan to build capacity to produce about 80,000 drones a year by 2030, though funding details remain unclear. Companies such as Eams Robotics and Terra Drone are highlighted as defence-focused examples.

Industry

Anduril in talks to raise new funding at $100 billion valuation

U.S. defense technology company Anduril is seeking to raise new funding at a $100 billion valuation, TechCrunch reported on July 24. If completed, the deal would lift the company\'s valuation by about $40 billion from $61 billion in May. Anduril raised $5 billion in May, about double its $30.5 billion valuation in its June 2025 Series G round. The funding could proceed in two phases and close this year.