Archer Aviation’s Patent Acquisition Fails to Ignite Investor Enthusiasm
Archer Aviation (ACHR) barely gained 0.1% on Wednesday, underperforming the S&P 500's 0.4% rise as markets digested its €18M patent portfolio purchase. The eVTOL developer secured 300 next-gen aircraft patents covering flight controls and battery systems—a MOVE it claims solidifies U.S. leadership in electric aviation.
Despite sitting on $1.7B in liquidity, the substantial cash outlay raised eyebrows among investors. The company continues to hemorrhage funds, with the acquisition doing little to assuage concerns about its mounting losses. Electric aviation remains a capital-intensive frontier where even strategic IP moves can't always fuel market confidence.