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Archer Aviation now says Wisk Aero stole its air taxi design in latest filing in patent fight

Archer Aviation now says Wisk Aero stole its air taxi design in latest filing in patent fight
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Archer to go public, United Airlines invests and orders electric aircraft

3 Min Read
(Reuters) - Electric aircraft startup Archer will go public through a merger with a blank-check company backed in a deal valued at around $3.8 billion and backed by an order and investment from United Airlines, among the first major airlines to commit to the purchase of air taxis.
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The deal with Atlas Crest Investment Corp, announced on Wednesday, is expected to provide $1.1 billion to the company which makes electric aircraft with vertical take-off and landing.
Archer and Atlas Crest said the proceeds include a $600 million private investment from United Airlines Holdings Inc, Stellantis, investment banker Ken Moelis and Mubadala Capital, the investment arm of Abu Dhabi’s state investor Mubadala Investment Co. ....

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Electric aircraft maker Archer to go public in $3.8 billion Moelis-backed blank check deal

Electric aircraft maker Archer to go public in $3.8 billion Moelis-backed blank check deal
02/10/2021 14:05
(Reuters) - Electric aircraft startup Archer, which is getting solid backing from United Airlines, will go public through a merger with a blank-check company backed by investment banker Ken Moelis in a deal valued at around $3.8 billion.
The deal with Atlas Crest Investment Corp, announced on Wednesday, is expected to provide $1.1 billion of proceeds to the company which makes electric aircraft with vertical take-off and landing.
Archer and Atlas Crest said the proceeds include a $600 million private investment from United Airlines Holdings Inc, Ken Moelis and Mubadala Capital, the investment arm of Abu Dhabi s state investor Mubadala Investment Co. ....

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Air taxi startup Archer is partnering with automaker FCA on production of its electric aircraft – TechCrunch

Air taxi startup Archer is partnering with automaker FCA on production of its electric aircraft
Archer, a company that’s looking to develop an airline of electric vertical take-off and landing (eVTOL) aircraft for use in urban transport, will work with automaker Fiat Chrysler Automobiles (FCA) in a new partnership to benefit from the latter’s expertise in engineering, design, supply chain and materials science. Archer aims to start production of its eVTOLs at scale beginning in 2023, with an initial unveiling to occur early this year.
The new team-up will see FCA provide input that contributes to the design of Archer’s eVTOL cockpit, as well, another area where the automaker has ample expertise, since it has designed spaces for drivers for many decades in its automotive business. Archer’s aircraft will be powered by an electric motor, and will be able to fly for up to 60 miles at top speeds of 150 mph. The Archer eVTOL is designed to be quiet and efficient, with ef ....

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