Wisk Aero court documents compare the rival companies’ aircraft designs. [Courtesy: U.S. District Court]
Key Takeaways:
Federal prosecutors have decided not to charge an Archer Aviation employee, Jing Xue, who was accused by rival Wisk Aero of stealing trade secrets.
Archer views this decision as a major blow to Wisk's overall legal claims, confirming their assertion that Wisk's allegations lacked factual basis and calling Wisk's tactics anti-competitive.
Wisk maintains that the criminal investigation is separate from their ongoing civil lawsuit against Archer, which includes claims of trade secret misappropriation and patent infringement, and they remain focused on holding Archer accountable at trial.
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.
