CNBC
• Meghan Reeder, Phil LeBeau
Boeing is selling three of its eVTOL subsidiaries to Archer Aviation in exchange for an undisclosed equity stake in the electric-aircraft startup. The transaction deepens the relationship between the aerospace giant and Archer while transferring Boeing’s eVTOL-related assets to the emerging advanced-air-mobility company.
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Archer Aviation and Boeing have signed definitive agreements for Archer to acquire Boeing subsidiaries Wisk Aero, autonomous-systems maker Insitu and airspace-management company SkyGrid. Boeing will invest in Archer as part of the transaction, combining eVTOL development with autonomous flight and airspace technologies.
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Boeing is selling three of its eVTOL subsidiaries to Archer Aviation in exchange for an undisclosed equity stake in the electric-aircraft startup. The transaction deepens the relationship between the aerospace giant and Archer while transferring Boeing’s eVTOL-related assets to the emerging advanced-air-mobility company.
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.
A new FAA policy is moving the U.S. further from EASA’s approach to certifying electric vertical takeoff and landing aircraft. The divergence could create additional compliance complexity for eVTOL manufacturers pursuing parallel U.S. and European certification and market entry.
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Hype's eVTOL section is the definitive source for aggregated news on the burgeoning electric Vertical Take-Off and Landing aircraft industry. Our coverage spans the latest prototypes, regulatory milestones, and market trends driving the future of urban air mobility and sustainable aviation solutions.
