Two electric vertical takeoff and landing (eVTOL) manufacturers that have been at each other’s throats for years have decided to make nice.
Archer Aviation and rival Wisk Aero, the eVTOL subsidiary of aviation giant Boeing, jointly announced an agreement to settle a bitter, yearslong trade secrets dispute on undisclosed terms. Archer will issue warrants to Wisk for up to 13.2 million shares as part of the settlement.
