Archer Aviation has won a bidding process to acquire Lilium GmbH’s portfolio of nearly 300 advanced air mobility patent assets for a total sum of 18 million EUR.
Patents acquired include those relating to a number of key projects in high-voltage systems, battery management, advanced aircraft design, flight controls, electric engines, propellers and ducted fans – the last of which Archer believes to be the leading patent portfolio on such a technology in the world today.
Archer has stated that the acquisition will strengthen its leadership position within the next-generation electric aviation space, as well as reinforce its overall commitment to ensuring that the US remains at the forefront of the development of eVTOL technology.
Adam Goldstein, Founder and CEO of Archer, said:Lilium’s pioneering work advanced the frontier of eVTOL design and technology, and we’re excited to bring their cutting-edge technologies into the fold at Archer as we advance our product roadmap.
