Wisk Submits Evidence Claiming Massive Theft and Archer’s Use of Wisk Trade Secrets, as Archer Engineer Pleads the Fifth – PRNewswire

Posted: July 16, 2021 at 1:13 pm

MOUNTAIN VIEW, Calif., July 15, 2021 /PRNewswire/ -- Wisk Aero LLC ("Wisk"), the Urban Air Mobility (UAM) company behind the first all-electric, self-flying air taxi in the U.S., has submitted a brief in support of its preliminary injunction motion to the San Francisco federal court [FOUND HERE]. The filing details newly-obtained documents and testimony from Archer demonstrating misappropriation of Wisk's trade secrets "on a massive scale," and that an Archer engineer pleaded the Fifth Amendment. The brief states:

Archer's SPAC sponsor, Atlas Crest Investment Corp., disclosed in its July 1 amended S-4 that Archer and three of its employees received grand jury subpoenas from the United States Attorney's Office for the Northern District of California. According to the S-4, the "grand jury subpoenas seek documents and information about Archer's business, including its hiring practices and intellectual property, as well as documents and information relating to the employment of such employees at Wisk, including Wisk's intellectual property, business plans, and information relating to Wisk's aircraft design."

Additional context for Wisk's legal action and latest filing can be found on our website.

ABOUT WISK

Wisk is an urban air mobility company dedicated to delivering safe, everyday flight for everyone. Wisk's self-flying, eVTOL (electric vertical takeoff and landing) air taxi, will make it possible for passengers to skip the traffic and get to their destination faster. Based in the San Francisco Bay Area and New Zealand, Wisk is an independent company backed by The Boeing Company and Kitty Hawk Corporation. With over a decade of experience and over 1500 test flights, Wisk is shaping the future of daily commutes and urban travel, safely and sustainably.

For more information, follow us onLinkedIn,Twitter,InstagramorFacebook, or visitwisk.aero

SOURCE Wisk Aero

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Wisk Submits Evidence Claiming Massive Theft and Archer's Use of Wisk Trade Secrets, as Archer Engineer Pleads the Fifth - PRNewswire

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