Archer Aviation Acquires Boeing Subsidiaries to Boost Autonomous Flight and Defense Capabilities

Archer Aviation is acquiring Boeing's Wisk Aero, SkyGrid, and Insitu, significantly expanding its presence in autonomous flight and defense. This deal adds over $200 million in annual revenue and nearly two million flight hours, combining Archer's eVTOL and AI work with Boeing's autonomous and defense technologies. This strategic move enhances Archer's market position and broadens its technological portfolio.