What Happened
Expanding Presence In Autonomous Flight And Evtol Aircraft
Archer Aviation has announced a deal to acquire three Boeing subsidiaries, including Wisk Aero, SkyGrid, and Insitu, expanding its presence in autonomous flight, eVTOL aircraft, and unmanned systems. The transaction is expected to combine technologies developed across aerospace autonomy, eVTOL aircraft, and unmanned systems, giving Archer an expanded platform spanning commercial aerospace, defense, and air traffic management. According to the companies, the deal will also include a collaboration and technology-sharing arrangement between Boeing and Archer. This development was first reported by Yahoo Finance.