Archer Aviation buys Boeing’s Wisk Aero, Insitu and SkyGrid, creating a $200m+ flying taxi, defence and autonomous flight powerhouse by 2026.

Boeing is selling three of its subsidiaries to Archer Aviation in exchange for an undisclosed stake in the eVTOL startup.

Archer to Shape Physical AI Future of Aerospace and Defense with Acquisition of Boeing's Wisk Aero, Insitu and SkyGrid Subsidiaries; Boeing to Invest in Archer and Collaborate