What Happened
Archer Expands Aerospace and Defense Capabilities with Boeing Partnership
Archer Aviation has announced its Q2 2026 results, with revenue of $5 million. The company has also announced a deal with Boeing to acquire Wisk Aero, Insitu, and SkyGrid, which is expected to add over $200 million in annual revenue. As part of the transaction, Boeing will take a strategic stake in Archer and the two companies will establish a strategic partnership. This move is expected to expand Archer’s capabilities in autonomy and airspace intelligence, and strengthen its position in the aerospace and defense market. The announcement was made by Archer, as reported by Unknown Source.