Shares of Archer Aviation (NYSE: ACHR) are rising on Tuesday. The company's stock gained 6.1% as of 12:50 p.m. ET and was up as much as 14.4% earlier in the day. The gain comes as the S&P 500 (SNPINDEX: ^GSPC) was flat,

Investors interested in aerospace stocks may add ACHR to their portfolio, considering its low debt-to-capital ratio and upward revision in earnings estimate.

Archer's latest funding round, a $301.75 million capital raise at $8.50 per share, brings total liquidity to approximately $1 billion. This strategic financing, which included significant participation from BlackRock -managed funds, substantially fortified what was already one of the strongest balance sheets among public eVTOL companies.

Escalating geopolitical tensions and a new administration with a hawkish defense agenda have led many startups to embrace dual-use strategies to secure