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Archer Acquires Boeing’s Key Aerospace Assets | Durham News
Archer Aviation just pulled off a blockbuster deal, acquiring three Boeing subsidiaries—Wisk Aero, Insitu, and SkyGrid—in an all-stock swap that transforms it from a startup into a serious aerospace and defense player. Boeing gets major equity stakes, board representation, and future funding in exchange for handing over these cash-flowing, tech-rich assets. Wisk brings autonomous air taxi tech, Insitu delivers $200M+ in defense drone revenue, and SkyGrid provides critical air traffic software. This move diversifies Archer’s business beyond its stalled piloted air taxi, positioning it to test…
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