Archer Aviation to Acquire Boeing's Wisk Aero, Insitu, and SkyGrid

Archer Aviation announced on August 10, 2026, that it has agreed to acquire three Boeing subsidiaries: autonomous air taxi developer Wisk Aero, drone manufacturer Insitu, and airspace technology provider SkyGrid. The all-stock transaction will give Boeing a nearly 20% stake in the combined company and a seat on Archer's board, while allowing the aerospace giant to retain access to Wisk's autonomous flight technology through a long-term collaboration agreement. The deal, expected to close by the end of 2026 pending antitrust review, represents one of the most significant consolidations in the emerging electric vertical takeoff and landing (eVTOL) industry.

The acquisition dramatically expands Archer's business beyond its core focus on commercial electric air taxis. Wisk brings a platform for autonomous eVTOL aircraft, having completed more than 1,700 flight tests over 16 years. Insitu adds a defense portfolio with its uncrewed aircraft systems used for intelligence, surveillance, and reconnaissance by the armed forces of 35 nations, generating more than $200 million in annual revenue. SkyGrid contributes air traffic management software designed for automated airspace. Together,...