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Boeing Sells Off Non-Core Assets with Archer Aviation Acquisition
Archer Aviation has announced its plans to acquire Boeing's subsidiaries Wisk Aero, SkyGrid, and Insitu in a major deal for urban air mobility. The acquisition will expand Archer's footprint in autonomous electric air taxis and drone technology.
The agreement marks a significant shift in the urban air mobility sector, combining advanced autonomous flight systems and unmanned aerial solutions.
Boeing will invest in Archer Aviation and retain access to Wisk's flight technology, continuing their collaboration established after a 2023 legal settlement. This move aligns with Boeing's strategy to divest non-core assets while maintaining technological ties with Archer.