BlackRock Increases Stake in Archer Aviation Amid Strategic Patent Acquisition
BlackRock Inc. has expanded its position in Archer Aviation, now holding approximately 45.4 million shares of the company's Class A stock, representing a 7% stake. The passive investment, disclosed in a September 30 SEC filing, underscores institutional confidence in the eVTOL developer without active management intentions.
Concurrently, Archer bolstered its intellectual property portfolio through a €18 million patent purchase from Lilium GmbH. The acquired eVTOL technology patents, slated for Q4 2025 closure, signal accelerated development of next-generation aircraft. Market observers note the parallel moves reflect growing institutional interest in frontier transportation technologies.