What Happened
Boeing Invests in Archer Amid Aerospace AI Expansion
Archer Aviation has announced the acquisition of Boeing’s Wisk Aero, Insitu, and SkyGrid subsidiaries, creating an end-to-end physical AI platform for aerospace and defense. The deal adds a profitable defense business generating over $200 million in annual revenue to Archer’s portfolio. Boeing will invest in Archer and collaborate on technology, establishing an ongoing partnership. This move positions Archer to deliver innovative solutions across commercial aerospace, defense, and air traffic management, as reported by AeroMorning.com.