Boeing Sells Air Taxi Divisions to Archer Aviation
TL;DR. Boeing sold three electric vertical takeoff and landing (eVTOL) subsidiaries, including Wisk Aero, to Archer Aviation for an undisclosed sum. - The deal includes Wisk Aero, SkyGrid, and Insitu, with Boeing taking an equity stake in Archer. - Boeing retains access to Wisk’s autonomous flight systems for its future commercial and defense projects. - Archer plans to launch pilot air taxi services in multiple markets later this year.
- Boeing sold Wisk Aero, SkyGrid, and Insitu to Archer Aviation.
- Boeing took an undisclosed stake in Archer as part of the transaction.
- Boeing will maintain access to Wisk's autonomous flight technology.
- Archer Aviation aims to begin pilot air taxi services this year.
Sources
- Boeing is selling its air taxi startups to Archer Aviation — theverge.com
- geekwire.com — geekwire.com
- qz.com — qz.com