Bloomberg
• Leen Al-Rashdan
Archer Aviation will acquire Boeing subsidiaries Wisk Aero, Insitu and SkyGrid, bringing the former eVTOL rivals together and expanding Archer beyond urban air mobility. Boeing will receive a nearly 20% stake in Archer while retaining access to Wisk’s core autonomy technology.
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Embraer CEO Francisco Gomes Neto said Eve Air Mobility plans to begin commercial operations of its electric vertical takeoff and landing aircraft by the end of 2028. The timetable, disclosed alongside Embraer’s second-quarter 2026 results, sets a target for the company’s urban air mobility subsidiary to move from development into service.
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Archer Aviation will acquire Boeing subsidiaries Wisk Aero, Insitu and SkyGrid, bringing the former eVTOL rivals together and expanding Archer beyond urban air mobility. Boeing will receive a nearly 20% stake in Archer while retaining access to Wisk’s core autonomy technology.
High activity
Archer Aviation will acquire Boeing subsidiaries Wisk Aero, drone maker Insitu and air traffic-management firm SkyGrid in an all-stock transaction pending regulatory approval. The deal would give Boeing nearly 20% of Archer, make it the largest outside shareholder and add a board seat, with closing expected by year-end.
Rheinmetall will establish a systems-integration facility in Germany for Boeing’s MQ-28 Ghost Bat collaborative combat aircraft, adding national technology as the partners seek to position the platform for a Luftwaffe requirement targeted for 2029.
Joby Aviation is targeting late third-quarter 2026 for test flights of its electric vertical-takeoff-and-landing aircraft, setting a timetable for the company’s next flight-test milestone as it advances its urban air mobility program.
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Ampaire has begun real-world hybrid-electric aircraft demonstrations in Utah, flying a modified Cessna Skymaster on a three-leg mission along the I-15 corridor between California and Utah. The FAA-DOT eVTOL Integration Pilot Program effort will test potential regional cargo operations, while Ampaire plans to convert Cessna Grand Caravans for freight and passenger service.
BETA Technologies and the Export-Import Bank of the United States plan to expand their financing relationship through a proposed package of up to $1 billion. The funding would support the electric aircraft developer’s next phase of manufacturing growth in the United States.
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