Electric aircraft rivals Wisk and Archer Aviation have settled their trade secret legal dispute more than two years after the lawsuit was originally filed.
In a somewhat surprise twist — given how bitterly the legal battle had become — the two companies have agreed to collaborate. Archer also agreed to make Wisk its exclusive provider of autonomy technology to be integrated into a future autonomous variant of Archer’s Midnight aircraft, in addition to the collaboration, according to a source familiar with the settlement.
In a separate piece of news that broke Thursday, Archer said it had raised $215 million in new capital from its manufacturing partner S …
