What Happened
Transformative Deal Expands Autonomous Aviation Capabilities
Archer Aviation has signed definitive agreements to acquire three Boeing subsidiaries: Wisk Aero, Insitu, and SkyGrid. The deal combines autonomy, electric vertical takeoff and landing (eVTOL) aircraft, and unmanned aircraft systems (UAS) capabilities, creating a groundbreaking end-to-end physical AI platform for aerospace and defense. Boeing will receive a 16.5% stake in Archer and enter a strategic collaboration and technology-sharing arrangement. The proposed transaction was reported by Eurasia Business News.