Wisk Aero court documents compare the rival companies’ aircraft designs. [Courtesy: U.S. District Court]
Key Takeaways:
Archer Aviation announced that federal prosecutors will not charge an employee accused by rival Wisk Aero of stealing trade secrets, a decision Archer believes weakens Wisk's ongoing civil case.
Wisk Aero maintains that the Department of Justice's criminal investigation is separate from its civil litigation against Archer, which encompasses broader claims of trade secret misappropriation and patent infringement.
The development is part of a high-stakes, protracted legal battle between the two eVTOL aircraft developers, with a civil trial currently set for early next year.
Archer Aviation (NYSE:ACHR) said Thursday that federal prosecutors told the company they won’t charge an Archer employee accused by rival Wisk Aero of stealing trade secrets.
For the past 10 months, Archer and Wisk have been locked in a bitter legal battle over their designs for electric vertical takeoff and landing (eVTOL) aircraft.
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Thom is a former senior editor for FLYING. Previously, his freelance reporting appeared in aviation industry magazines. Thom also spent three decades as a TV and digital journalist at CNN’s bureaus in Washington and Atlanta, eventually specializing in aviation. He has reported from air shows in Oshkosh, Farnborough and Paris. Follow Thom on Twitter @thompatterson.