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Archer Aviation to buy Lilium's 300-patent portfolio for $21 million, shares jump
Reutersยท 2025-10-15 14:46
Core Insights - Archer Aviation has successfully won a bid to acquire Lilium's portfolio of approximately 300 advanced air mobility patent assets for 18 million euros ($20.91 million) [1] Company Summary - The acquisition is aimed at expanding Archer Aviation's capabilities in the advanced air mobility sector [1] - The deal signifies a strategic move to enhance Archer's intellectual property and technological foundation [1] Industry Summary - The advanced air mobility industry is witnessing consolidation as companies seek to strengthen their patent portfolios and technological advantages [1] - The acquisition reflects the growing competition and investment in the air taxi market, highlighting the importance of intellectual property in this emerging sector [1]