Overview
- Archer confirmed it won a competitive process to acquire roughly 300 advanced air‑mobility patent assets from Lilium for €18 million.
- The portfolio spans high‑voltage architecture, battery management, advanced aircraft design, flight controls, electric engines, propellers and ducted fans.
- Lilium reportedly invested more than $1.5 billion developing these technologies, underscoring the steep discount implied by the sale price.
- CEO Adam Goldstein said the technologies will feed into Archer’s product roadmap, though no integration timeline or product changes were detailed.
- Archer shares initially jumped on the announcement before easing, with the stock last quoted up 0.11% at $13.05 at the time of Benzinga’s report.