Archer buys former rival Wisk Aero
The two companies were once embroiled in a trade secret theft lawsuit. Now, Wisk is being absorbed into Archer.
Archer makes wild deal with Boeing swapping eVTOL startups for equity
Archer Aviation is buying three of Boeing’s aerospace subsidiaries: autonomous air-taxi developer Wisk Aero, military drone maker Insitu, and airspace-software firm SkyGrid. The deal also hands Boeing a stake in Archer.
Investors loved it. Archer (ACHR…
Electric air taxi maker Archer hits back at Joby in countersuit alleging concealed Chinese ties
Archer’s countersuit comes four months after Joby sued its rival for alleged ‘corporate espionage.’
Electric air taxis are about to take flight in 26 statesÂ
The federal government has selected eight proposals to test electric aircraft across 26 states.