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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 divesting its autonomous aviation subsidiaries, including Wisk Aero, SkyGrid, and Insitu, to Archer Aviation in an all-stock transaction that makes Boeing a significant shareholder with board representation.
  • This strategic move allows Boeing to focus on its core commercial and defense units while retaining access to Wisk's autonomous flight technology and capitalizing on its prior investments in these areas.
  • Archer gains Wisk's advanced autonomous eVTOL technology, SkyGrid's air traffic management, and Insitu's military uncrewed aircraft systems, which will significantly bolster its "Zee" AI platform and accelerate its development of autonomous and hybrid-electric aircraft.
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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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