Startups & Technology

Consolidation and Pivots Reshape the Electric Aircraft Market

Consolidation and Pivots Reshape the Electric Aircraft Market

Archer Aviation has acquired Wisk Aero in a move that resolves a bitter two-year legal battle over intellectual property. Under the agreement, Boeing will transfer ownership of Wisk Aero—along with subsidiaries SkyGrid and Insitu—to Archer, securing a 16.5% stake in the company for the aerospace giant. This settlement effectively ends a dispute that once featured claims of billion-dollar damages, replacing litigation with a new collaborative framework.

Simultaneously, Joby Aviation is diversifying its business model by acquiring Resonant Sciences for $500 million. The move establishes a dedicated defense unit, Joby Defense, allowing the company to leverage its radio frequency and sensor expertise while continuing its primary mission of certifying electric air taxis for urban transport. These developments underscore a broader trend: companies are prioritizing near-term defense contracts and corporate mergers to sustain operations while navigating the lengthy regulatory hurdles required to bring electric aircraft to market.

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