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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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Air Data NewsRicardo Meier

Embraer expects to put its eVTOL into service by the end of 2028

By Air Data News: Eve Air Mobility, Embraer's urban air mobility subsidiary, plans to begin commercial operations of its "flying car" (eVTOL) by the end of 2028, according to Francisco Gomes Neto, CEO of the parent company, during the presentation of the second quarter 2026 financial results.

2026-08-10T08:11:29.139495-07:00
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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. The transaction strengthens Archer's position developing eVTOLs and the networks to support them and helps it extend its military portfolio.

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