
Archer Aviation Acquires Boeing's Autonomous Flight Subsidiaries
Archer Aviation has acquired three of Boeing's autonomous flight subsidiaries, including Wisk, Insitu, and SkyGrid, in a deal that involves Boeing taking an equity stake in Archer. This move aims to advance Archer's efforts in transforming aviation through AI and eVTOL technology.
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Boeing to Sell 3 Autonomous Flight Subsidiaries
In exchange for the sale to Archer Aviation, which is developing a piloted electric aircraft, Boeing will receive a 16.5 percent stake in Archer.
By Niraj Chokshi
Read full article →Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing is selling three of its subsidiaries to Archer Aviation in exchange for an undisclosed stake in the eVTOL startup.
Read full article →Archer strikes deal with Boeing in latest bid to transform aviation through AI
Archer Aviation’s stock is flying higher after the company agreed to buy three business units from Boeing.
By Claudia Assis
Read full article →

