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Boeing Autonomous Air Taxi Unit Wisk Aero Acquired by Archer

Aerospace giant signs ‘definitive agreements’ for the sale of Wisk Aero, SkyGrid, and Insitu to Archer.

Wisk Aero Generation 6 eVTOL electric air taxi flight testing
Wisk’s Generation 6 aircraft—an electric vertical takeoff and landing, autonomous air taxi—conducts a test flight. [Credit: Wisk Aero]
Gemini Sparkle

Key Takeaways:

  • Boeing is offloading its autonomous aviation businesses, including Wisk Aero (self-flying air taxi), SkyGrid, and Insitu, to Archer Aviation in an all-stock transaction.
  • Boeing will become Archer's largest outside shareholder, taking a significant equity stake, securing a board seat, and retaining access to Wisk's autonomous flight technology for its core businesses.
  • Archer will integrate Wisk's autonomous eVTOL technology, SkyGrid's air traffic management, and Insitu's military UAS and revenue, strengthening its own "Zee" AI platform and accelerating its autonomous flight development.
  • Described as a "win-win," the deal allows Boeing to focus on core units while still benefiting from autonomy, and provides Archer with critical technology, expertise, and revenue to advance its certification efforts and market position.
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Boeing is offloading three autonomous aviation-focused businesses—including its self-flying air taxi arm Wisk Aero—to Archer Aviation in an agreement that one executive described as a “win-win” for both companies.

Archer will acquire Wisk—as well as SkyGrid, an air traffic management provider, and Insitu, a developer of military uncrewed aircraft systems (UAS)—in an all-stock transaction that gives Boeing warrants to purchase up to $200 million of Archer stock in the future. The New York Times reported that Boeing will take a 16.5 percent stake in Archer, while The Wall Street Journal reported Boeing’s equity as nearly 20 percent.

Jack Daleo

Jack is a staff writer covering advanced air mobility, including everything from drones to unmanned aircraft systems to space travel—and a whole lot more. He spent close to two years reporting on drone delivery for FreightWaves, covering the biggest news and developments in the space and connecting with industry executives and experts. Jack is also a basketball aficionado, a frequent traveler and a lover of all things logistics.

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