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Archer Aviation Expands Patent Portfolio with Key eVTOL Technology Acquisition

Archer Aviation Expands Patent Portfolio with Key eVTOL Technology Acquisition

Author:

Global Cryptocurrency

Published:

2025-10-21 11:49:11

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BTCCSquare news:

Archer Aviation (ACHR) surged 5.68% to $11.98 after securing 300+ patents from Lilium's portfolio for €18 million, bolstering its eVTOL technology stack. The deal includes advanced battery systems and flight controls previously validated by U.S. Department of Energy labs.

Canaccord Genuity maintains its Buy rating with a $13 target, citing strategic positioning in urban air mobility. The patent acquisition outmaneuvered competitors Joby Aviation and Vertical Aerospace in a bidding war for Lilium's silicon-anode battery IP.

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