Overview
- Archer secured the portfolio through a competitive process linked to Lilium’s insolvency, with bidders including Joby Aviation.
- The acquired assets cover ducted fans, high‑voltage and battery systems, flight controls, aircraft design, propellers and electric engines.
- The transaction lifts Archer’s global intellectual property holdings to more than 1,000 patent assets.
- CEO Adam Goldstein cast the deal as strengthening Archer’s legal posture and technology roadmap following its prior IP clash with Wisk.
- Shares rose about 8.5% after the announcement as investors weighed the move’s potential, which follows Lilium’s more than $1.5 billion R&D effort that ended in insolvency.