Archer Aviation

Final curtain for air taxi start-up Lilium; the insolvency administrator has sold the patents to Archer Aviation

Archer Aviation secures Lilium’s eVTOL patents for €18 million

Archer Aviation a pioneer in eVTOL aircraft, has won the bid to acquire Lilium GmbH’s advanced air mobility patent portfolio. The €18 million (US$20.7 million) agreement covers around 300 patents, including innovations in high-voltage systems, battery management, aircraft design, flight control, electric propulsion, and ducted fan technology. This move cements Archer’s leadership in next-generation electric

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Archer Aviation's eVTOL Midnight aircraft © Archer

Archer secures US$850 million boost to accelerate eVTOL rollout

Archer Aviation (Archer) has successfully raised an additional US$850 million through a direct share offering, following the announcement of a new Executive Order by President Trump. The order sets in motion an eVTOL (electric vertical take-off and landing) Integration Pilot program aimed at fast-tracking the deployment of advanced air mobility solutions across the United States.

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