Boeing Agrees to Sell Wisk, Insitu and SkyGrid to Archer for Equity Stake
Boeing agreed to sell three subsidiaries—Wisk Aero, SkyGrid, and Insitu—to Archer Aviation in exchange for an equity stake. The deal is set to close by the end of 2026, subject to antitrust review, and Boeing may nominate a director to Archer’s board. The transaction continues Boeing’s divestiture strategy under CEO Kelly Ortberg.