Overview

• Archer secured Lilium’s portfolio through a competitive process reported to include rival Joby Aviation, with the deal unveiled at NBAA in Las Vegas.
• The roughly 300 patents span high-voltage systems, battery management, flight controls, aircraft design, electric propulsion, propellers, and ducted-fan technologies.
• The purchase lifts Archer’s intellectual property holdings to more than 1,000 patent assets worldwide.
• Lilium invested over $1.5 billion in eVTOL development before entering insolvency in 2024, triggering sales of remaining assets such as its IP.
• Archer’s shares rose about 8.5% in morning trading following the announcement.