What Happened
Deal Combines Autonomous Flight Technologies for Aerospace
Archer Aviation Inc. has signed definitive agreements to acquire three Boeing subsidiaries: Wisk Aero, SkyGrid, and Insitu. The deal will combine complementary capabilities in autonomy, electric vertical takeoff and landing aircraft, and unmanned aircraft systems, creating a groundbreaking end-to-end physical AI platform for aerospace and defense. The acquisition adds a profitable defense business generating over $200 million in annual revenue to Archer’s portfolio. According to the announcement, Boeing will retain access to the Wisk core autonomous flight technology and take a stake in Archer, establishing an ongoing collaboration and technology-sharing arrangement. This development was reported by an unknown source.