** Shares of air-taxi maker Archer Aviation ACHR.N down 5% at $7
** ACHR raises $430 mln in fresh capital, part of which will be used to develop a hybrid aircraft with defense tech company Anduril Industries
** Fundraising was through an equity offering
** Aircraft will target a potential "program of record" — a government approved and authorized acquisition program — from the Pentagon, say companies
** Up to last close, Archer stock up 20.36% YTD
(Reporting by Anshuman Tripathy)
((Anshuman.Tripathy@thomsonreuters.com))
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