Archer to acquire Boeing’s Wisk, Insitu and SkyGrid

Archer Aviation announced its agreement to purchase Boeing's Wisk Aero, Insitu, and SkyGrid subsidiaries. This acquisition represents a significant move within the rapidly evolving urban air mobility (UAM) landscape. The deal includes the assets of all three companies, bolstering Archer’s existing portfolio of electric vertical takeoff and landing (eVTOL) aircraft technologies. Specifically, this transaction encompasses Wisk Aero’s autonomous aircraft development, Insitu’s expertise in unmanned aerial systems, and SkyGrid’s operations network technology. These additions will accelerate Archer’s efforts to deploy its eVTOL vehicles and establish a comprehensive UAM ecosystem, furthering advancements in aviation innovation.