Vertical Aerospace Refutes Archer Aviation's Alleged Patent Infringement Complaint Against Vertical
Benzinga Newsdesk 8 months ago
News
Vertical Aerospace ("Vertical" or "Company") [NYSE:EVTL], a global aerospace and technology company that is pioneering electric aviation, today provided the following statement in response to a patent infringement
Vertical Aerospace ("Vertical" or "Company") [NYSE:EVTL], a global aerospace and technology company that is pioneering electric aviation, today provided the following statement in response to a patent infringement complaint filed by Archer Aviation in the U.S. District Court Eastern District of Texas:
Archer's recent claims are without merit, and Vertical intends to defend those claims vigorously. Vertical has developed a robust aircraft design with a clear path to certification, underpinned by Vertical's proprietary and market-leading technology and international IP portfolio. Archer's claims are merely an attempt to distract from the challenges Archer is facing competing in the marketplace.