What Happened
Boeing Takes Equity Stake in Archer Amid Technology Sharing Arrangement
Archer Aviation has announced plans to acquire three Boeing subsidiaries: Wisk Aero, SkyGrid, and Insitu, in a deal that combines Archer’s electric vertical takeoff and landing (eVTOL) air taxi business with autonomy, air traffic management, and uncrewed aircraft systems (UAS) capabilities. The acquisition, which includes a technology-sharing arrangement, may accelerate capability development and time to market for the combined businesses. According to Inside Unmanned Systems, the deal is subject to customary closing conditions and is expected to bring significant revenue growth to Archer.