The electric air taxi manufacturer will acquire eVTOL maker Wisk Aero, drone company Insitu, and air traffic software firm Skygrid, to form an end-to-end physical AI platform for aerospace and defense.

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