Shares of Archer Aviation Inc. ACHR jumped 7% in the extended session Thursday after the air-taxi company company, Boeing Co.’s BA subsidiary Wisk Aviation and Boeing said that they have reached a settlement to resolve the federal and state court litigation between them. Terms were not disclosed. The companies also have entered a partnership relating to autonomous flight.
... Shares of Archer Aviation Inc. ACHR jumped 7% in the extended session Thursday after the air-taxi company company, Boeing Co.’s BA subsidiary Wisk Aviation and Boeing said that they have reached a settlement to resolve the federal and state court litigation between them. Terms were not disclosed. The companies also have entered a partnership relating to autonomous flight.