What Happened
Air Taxi Company Acquires Boeing-Owned Businesses Amid Ongoing Lawsuits
Archer Aviation, a San Jose-based air taxi company, has acquired three Boeing-owned businesses, including Insitu, Wisk Aero, and SkyGrid, as it expands into the aerospace and defense sectors. The company plans to combine these systems with its own aircraft and artificial intelligence technology to develop products for commercial aviation, defense, and air traffic management. Archer is currently embroiled in ongoing legal battles with rivals Joby Aviation and Vertical Aerospace, according to reports from Aviation International News and Reuters. The acquisition was announced on Archer’s website.