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Air taxi manufacturer Archer is seeking $ 1 billion in damages from rivals



(Reuters) – Aircraft taxi developer Archer Aviation is demanding $ 1 billion in damages from Wisk Aero, a rival backed by Boeing and Google co-founder Kitty Hawk Corp., according to a court case.

The two companies have been involved in disputes since earlier this year when Wisk accused Archer, whose investors include United Airlines, of stealing trade secrets involving electric vertical takeoff and landing, or eVTOL, aircraft. On Tuesday, it intends to "hold Wisk accountable for its false and harmful extrajudicial smear campaign that has caused significant damage to Archer, which is likely to exceed $ 1 billion."

Wisk did not immediately respond to a request for comment. [1

9659002] Archer plans to commercially launch its first electric flying taxi "Maker" in 2024, one of a growing number of investors and airlines jumping into the competitive but not yet approved city air mobility spa ce.

"Bringing an action does not give Wisk a free pass for making false and harmful statements outside the legal process, and yet that is exactly what Wisk has done," said a company representative.

He said Archer would continue to claim damages even if Wisk loses his claims.

Wisk's first lawsuit was filed in April, two months after Archer announced plans to go public through a $ 3.8 billion merger with Atlas Crest Investment Corp., a specialty acquisition company.


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