Wisk Aero, Archer Settle Litigation With Boeing; Parties to Collaborate on Autonomous Flight

By Adam L. Cataldo

Wisk Aero and Archer Aviation reached a settlement with Boeing to resolve litigation in federal and state courts while simultaneously agreeing to work together going forward on autonomous flight technology.

Terms of settlement weren't disclosed, according to a statement.

The parties plan to work together on helping to grow the advanced air mobility industry. For future variants of its aircraft, Archer has agreed to make Wisk its exclusive provider of autonomy technology.

Boeing is also investing an undisclosed amount in Archer to support the integration Wisk's technology in its future aircraft.

Wisk brought a lawsuit against Archer in April 2021 in the U.S. District Court for the Northern District of California alleging misappropriation of trade secrets and patent infringement. About a year later, Archer brought a suit against Boeing in the Superior Court of California, County of Santa Clara, asserting counterclaims for defamation, tortious interference and unfair competition.

Write to Adam Cataldo at [e-mail].

(END) Dow Jones Newswires

August 10, 2023 18:13 ET (22:13 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.