Archer Aviation Earns Fresh Funding from Bitter Rival Turned Ally
Archer finally got a monkey off its back, settling its litigation with Wisk Aero and turning its former foe into a key collaborator.
Archer finally got a monkey off its back, settling its litigation with Wisk Aero and turning its former foe into a key collaborator.
The Boeing-owned eVTOL manufacturer showed off its Generation 5 demonstrator to hundreds of attendees at EAA AirVenture.
Unlike competitors Joby, Archer, and Lilium, Wisk plans for its four-passenger air taxi to fly itself.
The model will be used for type certification already underway with the FAA.
Facing slowdown in 737 Max deliveries, aviation giant takes full ownership of eVTOL developer.
The companies seek to deploy autonomous eVTOL aircraft into Japanese airspace.
In a letter to DOT and DOE leadership, eVTOL startups, aerospace giants and others made the case for increased government funding.
The surprise announcement on Twitter sparks speculation about what’s behind the decision.
The plan’s aggressive timeframe aims to create a pathway forward by the end of the decade.
Boeing acknowledges hydrogen’s potential, while Airbus plans a hydrogen-fueled airliner by 2035.