Archer Acquires Patents Of Insolvent Lilium

Archer is displaying a mockup of its Midnight eVTOL at the Las Vegas Convention Center.

Archer is displaying a mockup of its Midnight eVTOL at the Las Vegas Convention Center. 

Credit: Bill Carey
LAS VEGAS—Air taxi developer Archer Aviation announced Oct. 15 that it has won a competitive bid process to acquire the patents of insolvent electric aircraft manufacturer Lilium for $21 million (€18 million). Archer, based in San Jose, California, said Lilium’s portfolio includes 300 patents...
Bill Carey

Bill covers business aviation and advanced air mobility for Aviation Week Network. A former newspaper reporter, he has also covered the airline industry, military aviation, commercial space and uncrewed aircraft systems. He is the author of 'Enter The Drones, The FAA and UAVs in America,' published in 2016.

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