Archer Aviation has acquired its former rival Wisk Aero, marking a significant consolidation in the eVTOL (electric vertical takeoff and landing) aircraft industry. The two companies were previously involved in a trade secret theft lawsuit, making this acquisition particularly notable as a resolution to their legal dispute.
Background
Archer and Wisk were both prominent players in the eVTOL air taxi space, competing for partnerships with major automakers and airlines. Wisk was backed by Alphabet and Boeing, while Archer had support from Toyota and Stellantis.
- Source
- TechCrunch
- Published
- Aug 10, 2026 at 11:09 PM
- Score
- 7.0 / 10