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Archer Aviation buys Lilium’s 300 eVTOL patents for $20.9M, boosting its IP to over 1,000.
Archer Aviation has acquired Lilium’s portfolio of about 300 advanced air mobility patents for €18 million ($20.9 million), expanding its intellectual property holdings to over 1,000.
The deal, finalized after Lilium filed for insolvency in October 2024, includes key technologies in electric propulsion, battery management, flight controls, and ducted fan systems.
The acquisition supports Archer’s development of its Midnight eVTOL air taxi and aligns with U.S. efforts to advance urban air mobility.
The company’s stock rose 8.5% in morning trading, reflecting investor confidence in its growing patent assets and strategic positioning amid industry consolidation.
Archer Aviation compra las 300 patentes eVTOL de Lilium por $20.9M, aumentando su IP a más de 1,000.