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.
The Investor Presentation for the Archer Aviation and Atlas Crest Investment Corp. merger is available.
Colin Kaepernick took his activism to the wide world of SPACs. Archer, a developer of all-electric vertical take-off and landing (eVTOL) aircraft, is combining with SPAC. The Beachbody Company Group also announced its intention to become a public company.