What Happened
Air Taxi Company Expands With Drone And Airspace Services
Archer Aviation has announced plans to acquire Boeing’s Wisk Aero, SkyGrid, and Insitu subsidiaries, giving the air taxi company access to Boeing’s autonomous-flight technology. The acquisition is part of Boeing’s effort to streamline its portfolio and sharpen its focus on core commercial and defense aircraft businesses. The deal allows Boeing to retain strategic upside through its stake in Archer, while also focusing on its core operations. This was first reported by Aero-News Network.