What Happened
Aerospace Giant Exits Autonomous Flight Business Amid Restructuring
Boeing is selling three subsidiaries working on autonomous flight to Archer Aviation, a company developing piloted electric aircraft. The deal includes Wisk Aero, SkyGrid, and Insitu, and Boeing will receive a 16.5% stake in Archer. The acquisition is expected to close by the end of 2026, pending regulatory approval. Archer will gain access to Boeing’s autonomous flight technology, while Boeing will retain access to Wisk’s technology for its commercial and military aircraft. The sale was announced by Archer Aviation, as reported by The New York Times.