Archer Aviation to acquire Boeing’s Wisk Aero, SkyGrid, and Insitu in sweeping deal

Archer Aviation is acquiring Boeing's Wisk Aero, SkyGrid, and Insitu in a sweeping deal for a nearly 20% equity stake. This move aims to accelerate urban air mobility innovation and transform transportation infrastructure and regulatory landscapes. Following the announcement, Archer stock surged 20%, while Joby and EHang remained grounded. The acquisition integrates three Boeing subsidiaries into Archer Aviation, potentially reshaping the aerospace sector through this strategic exchange of equity and specialized aviation technology assets.