Wisk improperly seeks to interfere with Archer s billion-dollar transactions with this baseless lawsuit and simultaneous media campaign, both launched just after the transactions were announced. That is because while Archer has soared, Wisk is at risk of crashing, according to a brief Archer is filing with the court in response to the Wisk suit. Despite the breathless innuendo and baseless speculation to which Wisk devotes its entire complaint, Archer s eVTOL aircraft design is not only the best eVTOL aircraft around, it is entirely Archer s design.
The case revolves around the rapidly developing, but still unproven, world of eVTOLs. Multiple companies have raised hundreds of millions of dollars to build electric aircraft designed to carry passengers short distances. While it s unclear when regulators will ultimately certify eVTOLs for commercial service, the British consulting firm IDTechEx estimates the eVTOL market could grow to $14.7 billion over the next two decades.
Air taxi maker Archer asks court to dismiss rival lawsuit and denies criminal probe
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