TLDR Joby Aviation filed a trade secret lawsuit against Archer Aviation in California state court this week over a former employee who joined Archer in July Joby claims the ex-employee downloaded confidential files about aircraft details, deal terms, and business plans before leaving the company Archer denies all allegations and says it will vigorously defend [...] The post Joby Aviation (JOBY) Stock: Takes Archer to Court as Air Taxi Battle Heats Up appeared first on CoinCentral.TLDR Joby Aviation filed a trade secret lawsuit against Archer Aviation in California state court this week over a former employee who joined Archer in July Joby claims the ex-employee downloaded confidential files about aircraft details, deal terms, and business plans before leaving the company Archer denies all allegations and says it will vigorously defend [...] The post Joby Aviation (JOBY) Stock: Takes Archer to Court as Air Taxi Battle Heats Up appeared first on CoinCentral.

Joby Aviation (JOBY) Stock: Takes Archer to Court as Air Taxi Battle Heats Up

TLDR

  • Joby Aviation filed a trade secret lawsuit against Archer Aviation in California state court this week over a former employee who joined Archer in July
  • Joby claims the ex-employee downloaded confidential files about aircraft details, deal terms, and business plans before leaving the company
  • Archer denies all allegations and says it will vigorously defend itself, calling the lawsuit an attempt to gain a competitive advantage
  • JOBY stock rose over 60% in 2025 while ACHR stock fell more than 25% during the same period
  • A court hearing is scheduled for March 20, 2026, with both companies continuing their push toward commercial electric air taxi operations

Joby Aviation filed a trade secret lawsuit against Archer Aviation in California state court this week. The complaint centers on a former Joby employee who left the company in July and later joined Archer.

Joby claims the ex-employee took confidential files containing information about the company’s business plans, deal terms, and aircraft characteristics. The company says a review of digital records showed the employee sent Joby files to a personal email account. The review also found changes to access controls for additional files.


JOBY Stock Card
Joby Aviation, Inc., JOBY

The lawsuit alleges Archer used this information during an August pitch to a real estate group. Joby says the group had been in discussions with Joby before Archer approached them. The real estate group later told Joby that Archer appeared to know details about the proposed Joby deal.

Joby is seeking financial damages and a court order to prevent Archer from using the alleged trade secrets. The company described the conduct as corporate espionage in its court filing.

Archer Pushes Back on Claims

Archer rejected the allegations in an 8-K filing with the SEC. The company stated it will dispute the complaint and defend itself vigorously. Archer’s chief legal officer told CNBC the lawsuit “has no merit.”

Archer maintains the employee did not share any Joby files. The company says Joby is trying to use the courts to gain a competitive edge rather than competing in the market. Archer said it plans to stay focused on its path toward commercial flight operations.

Stock Performance Tells Different Stories

The two companies have moved in opposite directions this year. JOBY stock climbed over 60% in 2025. ACHR stock dropped more than 25% during the same period.

Both stocks fell on Thursday after news of the lawsuit broke. Joby shares declined about 5%. Archer shares dropped roughly 8%.

The stock moves came during a broader market downturn. Investors appeared cautious about the legal battle between the two air taxi developers.

A court hearing is set for March 20, 2026. This gives both sides time to prepare their cases and exchange evidence through the discovery process.

Legal experts note that trade secret cases can take months or years to resolve. The March hearing will likely address preliminary matters rather than settle the full dispute.

Both companies are working to launch commercial electric air taxi services in U.S. cities. They face similar regulatory hurdles and testing requirements. Each firm needs final approval from aviation authorities before carrying passengers.

The lawsuit does not appear to affect flight testing or aircraft development at either company. Joby and Archer continue their certification work with regulators. Neither company has indicated the legal case will delay their commercial launch timelines.

Investors will watch for new court filings as the case progresses. Legal costs could increase for both companies depending on how long the dispute lasts. Stock volatility may continue as investors digest news from the courtroom and assess the potential financial impact.

The companies remain focused on their core operations. Test flights, safety certifications, and partnership agreements will likely drive stock performance more than courtroom battles. Both firms have announced early customer deals and continue building their aircraft fleets.

A court hearing is scheduled for March 20, 2026, when the case will move forward.

The post Joby Aviation (JOBY) Stock: Takes Archer to Court as Air Taxi Battle Heats Up appeared first on CoinCentral.

Market Opportunity
Polytrade Logo
Polytrade Price(TRADE)
$0.0564
$0.0564$0.0564
+1.09%
USD
Polytrade (TRADE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight

One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight

The post One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight appeared on BitcoinEthereumNews.com. Frank Sinatra’s The World We Knew returns to the Jazz Albums and Traditional Jazz Albums charts, showing continued demand for his timeless music. Frank Sinatra performs on his TV special Frank Sinatra: A Man and his Music Bettmann Archive These days on the Billboard charts, Frank Sinatra’s music can always be found on the jazz-specific rankings. While the art he created when he was still working was pop at the time, and later classified as traditional pop, there is no such list for the latter format in America, and so his throwback projects and cuts appear on jazz lists instead. It’s on those charts where Sinatra rebounds this week, and one of his popular projects returns not to one, but two tallies at the same time, helping him increase the total amount of real estate he owns at the moment. Frank Sinatra’s The World We Knew Returns Sinatra’s The World We Knew is a top performer again, if only on the jazz lists. That set rebounds to No. 15 on the Traditional Jazz Albums chart and comes in at No. 20 on the all-encompassing Jazz Albums ranking after not appearing on either roster just last frame. The World We Knew’s All-Time Highs The World We Knew returns close to its all-time peak on both of those rosters. Sinatra’s classic has peaked at No. 11 on the Traditional Jazz Albums chart, just missing out on becoming another top 10 for the crooner. The set climbed all the way to No. 15 on the Jazz Albums tally and has now spent just under two months on the rosters. Frank Sinatra’s Album With Classic Hits Sinatra released The World We Knew in the summer of 1967. The title track, which on the album is actually known as “The World We Knew (Over and…
Share
BitcoinEthereumNews2025/09/18 00:02