Archer Acquires Boeing's Autonomy Subsidiaries

Boeing and Archer Aviation Inc. have signed agreements in which Archer will acquire Boeing's Wisk Aero, SkyGrid and Insitu subsidiaries. The deal combines capabilities developed over decades in autonomy, eVTOL aircraft, and unmanned aircraft systems (UAS).

The acquisition adds a defense business generating over $200M in annual revenue, with operations across 35 countries, to Archer's portfolio. Wisk, SkyGrid and Insitu have nearly two million combined flight hours and are expected to bring an autonomy foundation to Archer's ZEE artificial intelligence platform.

Boeing and Archer are also entering into a collaboration and technology-sharing arrangement through which Boeing will retain access to Wisk's core autonomous flight technology for its current and next-generation commercial and defense aircraft. Boeing will also take a stake in Archer as part of the transaction.

Adam Goldstein, Archer's Founder and CEO, said: "This is a watershed moment for Archer and the future of physical AI in aerospace and defense. This is the next big step forward in becoming a diversified platform, rapidly growing our revenue base and bringing scale to our business."

Wisk has designed, built and flown six generations of eVTOL aircraft, amassing 1,700+ flight tests. SkyGrid has built a ground-based, aircraft-agnostic air traffic management solution. Insitu has manufactured and fielded more than 3,500 UAS, with technologies used by armed forces in 35 nations.