Finance, Taxes, Insurance
Archer To Acquire Wisk, Insitu, and SkyGrid from Boeing
Boeing takes nearly 20% stake and a board seat in all-stock deal
Wisk Gen 6 first flight
Wisk Aero’s first full-scale Gen 6 prototype made its first flight in December 2025. Archer Aviation will acquire Wisk from Boeing under an all-stock agreement announced August 10.

Archer Aviation will acquire autonomous eVTOL aircraft developer Wisk Aero, along with airspace management software company SkyGrid and defense drone manufacturer Insitu, from Boeing in an all-stock transaction that hands Boeing just under one-fifth of Archer and a seat on its board, the companies announced today. The deal delivers Archer the autonomy program of the rival that sued it for trade secret theft five years ago.

Under an equity purchase agreement signed on Sunday, Boeing receives a block of stock equal to 19.75% of Archer’s Class A shares outstanding immediately before the deal closes, according to the Form 8-K that the San Jose, California-based company filed on Monday. The deal, expected to close by year-end, has an estimated value of about $1 billion.