Sponsored by SPX Communication Technologies (TCI & ECS)
www.tcibr.com
www.enterprisecontrol.co.uk
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12 Jun 25. Archer Aviation Inc. (NYSE: ACHR) raised an additional $850m following the White House’s announcement last week of an Executive Order by President Trump to implement an eVTOL Integration Pilot Program in the United States. This program is focused on accelerating the deployment of eVTOL aircraft in the U.S.
Archer intends to closely coordinate with the White House, Department of Transportation and the Federal Aviation Administration on how this can integrate into Archer’s plans to ramp its operations in the U.S. ahead of the LA 28 Olympic Games at which Archer will serve as the Official Air Taxi Provider of the Olympic Games and Team USA. Archer believes cross-industry collaboration will be the key to the success of the eVTOL Integration Pilot Program and the U.S. achieving its goal of “dominance” within this new category of aircraft.
Next week, Archer will be at the Paris Air Show showcasing its Midnight aircraft and hosting delegations from more than 20 countries, including leadership from partner organizations in the UAE, Archer’s first target “Launch Edition” market. Archer CEO and founder Adam Goldstein is set to meet with the United States Secretary of Transportation, Sean P. Duffy, and acting FAA administrator, Chris Rocheleau, while at the show.
Adam Goldstein, CEO and founder of Archer, said: “This Executive Order is a seminal moment for Archer and the eVTOL industry. We now have the strongest balance sheet in the sector and the resources we need to execute both here in the U.S. and abroad. Archer’s future couldn’t be any brighter.”
This new capital bolsters Archer’s already strong balance sheet and cements the Company’s position of leading the industry with a pro forma liquidity position of approximately $2B1. With this fortress balance sheet, Archer is strategically positioned to execute across its engineering, certification and commercialization efforts, both in the United States and abroad.
The financing provided for the purchase and sale of 85,000,000 shares of Archer’s Class A common stock at a price of $10.00 per share in a registered direct offering. The net proceeds from the offering announced today will be used for general corporate purposes, with a focus on the build out of Archer’s commercial capabilities, including infrastructure to support Archer’s recently announced initiatives, both in the U.S. and Archer’s “Launch Edition” markets, and the development of an AI-based aviation software platform. The shares of Class A common stock were offered pursuant to an automatic shelf registration statement on Form S-3ASR (File No. 333-284812) filed with the United States Securities and Exchange Commission (“SEC”) on February 11, 2025, which became automatically effective upon filing. Moelis & Company LLC is acting as the exclusive placement agent in connection with this offering.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of Archer, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. A prospectus supplement relating to the shares of Class A common stock will be filed by Archer with the SEC. (Source: BUSINESS WIRE)
10 Jun 25. Emitech Group Integrates Guide-GNSS and becomes a major player in satellite-based GNSS metrology. Emitech Group announces the acquisition of Guide-GNSS, an independent COFRAC-accredited testing laboratory specializing in the validation of satellite-based geolocation system (GNSS) performance. This strategic move marks Emitech’s entry into a rapidly growing field and complements its expertise in functional, regulatory, and environmental testing. Founded in 2010, Guide-GNSS is now a recognized European leader in the evaluation, validation, and certification of GNSS Based Positioning Terminals (GBPT). Accredited to ISO 17025 with a level 3 flexible scope—a rare case in Europe—the Toulouse-based laboratory relies on precise, tailored, and proven methods to conduct tests in real-world conditions or on test benches using real or simulated GNSS signals. These positioning systems play an increasingly essential role in critical functions, particularly in sectors such as automotive, rail, aerospace, maritime, and agriculture.
Guide-GNSS’s services include:
- GNSS performance testing (accuracy, integrity, resilience to GNSS attacks),
- Design of customized test scenarios and modeling of synthetic environments for digital simulation,
- Consulting in GNSS engineering and advanced metrology.
Guide-GNSS is also a co-author of the EN 16803 series of standards, underscoring its role as a technical reference in its field.
A strategic asset for Emitech Group
The integration with Guide-GNSS brings Emitech Group unprecedented competencies and high-value-added services, enhancing its traditional offerings (EMC, radio, electrical safety, environmental testing, etc.).
This integration will enable:
- Expansion into critical applications:
Geolocation technologies are now central to innovations in embedded systems for autonomous vehicles, drones, trains, and agricultural machinery. With Guide-GNSS, Emitech becomes a reference player in evaluating the accuracy, reliability, and resilience of these systems under representative operational conditions.
- Enhanced support for the aeronautics and defense sectors:
GNSS applications are strategic for aeronautics (precision approaches, ADS-B, EGNOS, embedded GNSS systems) and defense (localization in degraded environments, resilience against jamming and spoofing threats).
Guide-GNSS possesses unique expertise in testing the performance of these systems, including simulating complex environments and measuring the impact of radiofrequency attacks (jammers/spoofers). Emitech Group can thus support equipment manufacturers and armed forces in qualifying critical GNSS-integrated solutions, complementing its EMC, environmental, and mechanical testing services.
These capabilities align with the growing needs of dual-use (civil and military) applications, where positioning reliability is crucial for operational safety.
- Implementation of integrated multi-physics testing:
Emitech Group already operates extensive testing infrastructures for embedded equipment (EMC anechoic chambers, vibration benches, climatic chambers, etc.). By integrating Guide-GNSS’s resources (GNSS signal record and replay systems, constellation simulators), Emitech Group will be able to conduct test campaigns combining physical tests (vibrations, EMC, shocks) with GNSS performance validation.
This integrated approach is particularly relevant for the aeronautics and defense sectors, where system robustness (avionics, drones, military vehicles) depends on the interaction of multiple factors (mechanical and radiofrequency environments, positioning quality, radio link security, etc.).
- Opportunities in R&D and innovation:
The combination of Emitech’s and Guide-GNSS’s R&D expertise opens new perspectives, notably for the innovative development of primary navigation solutions (high precision, enhanced reliability, sensor hybridization, protection against radio cyber-attacks).
As industries seek to optimize their processes and reduce development cycles by combining physical testing and simulation, the advent of digital twins and virtualized testing becomes a reality. Powered by AI (Artificial Intelligence), the models developed by GUIDE GNSS can realistically replicate the GNSS environment and its constraints, while EMITECH experts can model the vibratory, thermal, and EMC interference environments encountered. The combination of these skills enables the creation of representative virtual environments to test positioning reliability in various operational configurations.
These joint efforts will support strategic projects of industries and public authorities in smart mobility and defense.
A booming GNSS market
According to analyses by EUSPA (European Union Agency for the Space Programme), GNSS technologies are set to play a central role in the mobility of tomorrow. The growing adoption of automation (ADAS, autonomous driving), stricter regulatory requirements (ITS, ISO 26262), and new agricultural or industrial applications are driving the emergence of operational positioning solutions.
With this acquisition, Emitech Group positions itself as a key player in this transformation, capable of evaluating not only compliance but also the real performance of equipment embedding critical geolocation functions. www.emitech.fr/en
02 Jun 25. Eutelsat seeks €1.5bn funding. Eutelsat has reportedly held talks with investors to raise €1.5 bn to expand its low Earth orbit (LEO) satellite constellations as it seeks better to compete with Elon Musk’s satellite-broadband service Starlink. The satellite operator is said to be in discussions to acquire funding from the French government, investor Fonds Strategique de Participations, shipping company CMA CGM and the UK government, according to a Bloomberg report. The report noted the French government’s current 13.6 per cent stake in Eutelsat could rise to 30 percent if the funding goes through. Eutelsat needs capital to replace its LEO craft every five to seven years — and will also require in excess of €2 bn to take part in the European Commission and European Space Agency’s proposed IRIS2 mega-constellation. (Source: Satnews)
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SPX CommTech, part of SPX Technologies Inc, innovates specialised technologies within the Radio Frequency (RF) spectrum to ensure a smarter, more secure future for all. Formed by TCI and ECS, SPX CommTech’s Battlespace portfolio enables defence and security teams to detect, defeat and exploit RF signals to enhance communications intelligence (COMINT) and counter unmanned aerial systems (Counter-UAS). Additionally, its Tactical Data Link portfolio allows intelligence gathering agencies, special forces, emergency response, and security teams to securely and reliably transfer video and data between enabled-aircraft and ground teams over long distances for airborne Intelligence, Surveillance, Reconnaissance (ISR). For more information visit www.tcibr.com and www.enterprisecontrol.co.uk
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