Skip to content
Subscriber Only

Flying-Taxi SPAC Accused of Stealing Aircraft Technology

  • Wisk Aero says former employee took secrets to Archer Aviation
  • Archer placed employee on leave, citing a government probe
An Archer Aviation prototype aircraft.
An Archer Aviation prototype aircraft.

Source: Archer Aviation

Updated on

Wisk Aero LLC, a maker of electric-powered aircraft designed for use as flying taxis, claims its technology was stolen by Archer Aviation Inc., a rival startup valued at $3.8 billion in a blank-check deal earlier this year involving United Airlines Holdings Inc. and investment banker Ken Moelis.

Wisk, a joint venture of Boeing Co. and Google co-founder Larry Page’s Kitty Hawk Corp., said former employees downloaded thousands of files and secret designs before taking jobs at Archer, according to a complaint filed Tuesday in federal court in San Jose, California. The companies compete in the market for so-called electric vertical takeoff and landing aircraft, or eVTOLs.