Overview
- Joby filed a California state trade‑secret complaint alleging a former employee downloaded confidential files, emailed them to a personal account, and altered access permissions before joining Archer.
- The suit claims Archer then used the information in an August pitch to a real‑estate group that had been negotiating with Joby.
- Archer denies any misuse of Joby materials, calls the lawsuit baseless, and says it will vigorously defend itself, according to an 8‑K and public statements.
- Joby seeks damages and a court order barring Archer from using the alleged trade secrets, with an initial court date set for March 20, 2026.
- Both companies say certification and testing continue without interruption, and shares of Joby and Archer fell on the news after divergent year‑to‑date performance; the dispute follows earlier eVTOL IP battles involving Archer.