
Archer wins Lilium’s ~300 eVTOL patents for €18M, boosting its IP to 1,000+ assets
Archer Aviation has won a competitive bid to acquire roughly 300 advanced air mobility patents from insolvent Lilium for €18 million (about $21 million). The purchase expands Archer’s patent portfolio to more than 1,000 assets and outbid rival Joby as Archer showcased its Midnight at NBAA.