On August 10, 2026, Archer Aviation and The Boeing Company announced a definitive agreement under which Archer will acquire three Boeing subsidiaries: Wisk Aero, SkyGrid, and Insitu. This acquisition is set to enhance Archer's capabilities in aerospace technology and innovation.
Alongside the acquisition, Boeing will take an equity stake in Archer and engage in a collaboration and technology-sharing arrangement, fostering a closer partnership between the two companies. This collaboration aims to capitalize on their combined expertise to pioneer advancements in aerospace and defense.
The transaction is subject to customary closing conditions, including antitrust clearance and other regulatory approvals. Both companies anticipate that this strategic alliance will accelerate the development of cutting-edge aerospace technologies and solutions.