Boeing Sells Three Autonomous Flight Units to Archer Aviation

The Boeing Co is selling three of its autonomous flight subsidiaries—Wisk Aero, SkyGrid, and Insitu—to Archer Aviation. In exchange for the units, Boeing will receive a nearly 16.5 percent stake in Archer, a seat on the company's board, and the option to purchase up to $200 million in Archer shares at preset prices over several years.

Boeing is executing the sale to streamline operations and focus on its core commercial airplanes, defense, and space businesses. As part of the deal, a technology-sharing agreement allows Boeing to retain access to Wisk's autonomous flight technology for its own commercial and military aircraft. The transaction is expected to close by the end of 2026, pending regulatory approval.

For Archer Aviation, the acquisition of Wisk's autonomous eVTOL technology, SkyGrid's air traffic management, and Insitu's military drones diversifies its platform and expands its military portfolio. Archer is currently developing piloted electric vertical take-off and landing aircraft, with FAA certification for its Midnight aircraft not expected until next year at the earliest.