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Boeing exits the air taxi business, sells Wisk, SkyGrid, and Insitu to Archer Aviation
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Boeing is selling Wisk Aero, SkyGrid, and Insitu to Archer Aviation while taking an equity stake in the eVTOL developer.
The deal strengthens Archer's air taxi ambitions and allows Boeing to refocus on its core commercial aircraft business.
4 Reviews ← exclude selected types ← exclude selected tagsBoeing has agreed to sell three of its advanced aviation subsidiaries to Archer Aviation while taking a 19.75% stake in the California-based electric air taxi developer.
The deal includes autonomous aircraft developer Wisk Aero, urban air mobility software company SkyGrid, and drone manufacturer Insitu.
The acquisition significantly expands Archer's technology portfolio as the company races to launch commercial air taxi services.