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BloombergLeen Al-Rashdan

Archer to acquire Boeing’s Wisk, Insitu and SkyGrid as Boeing takes minority stake

Archer Aviation will acquire Boeing subsidiaries Wisk Aero, Insitu and SkyGrid, bringing the rival air-taxi developer and Boeing’s electric aircraft venture under one company. Boeing will receive a stake of nearly 20% in the combined business, while Archer expands into aerospace and defense capabilities beyond urban air mobility.

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CNBCMeghan Reeder, Phil LeBeau

Archer shares surge after Boeing stake, electric aircraft subsidiary deal

By CNBC: Boeing is selling three of its subsidiaries to Archer Aviation in exchange for a stake in the eVTOL startup.

2026-08-10T05:03:21.611755-07:00