Boeing sells Wisk, Insitu and SkyGrid to Archer Aviation
Boeing will sell three subsidiaries to Archer Aviation: Wisk, its California-based autonomous flying taxi unit; Insitu in Washington, which develops unmanned aircraft systems; and SkyGrid in Texas. Boeing will take a stake in Archer and retain access to Wisk autonomous flight technology, combining the firms’ air taxi, drone and AI capabilities for market rollout.
Coverage (4)
- Boeing selling 3 subsidiaries to Archer Aviation, taking minority stake (manufacturingdive.com)
- Boeing is selling flying taxi venture Wisk, WA-based Insitu to Archer (seattletimes.com)
- Archer Aviation to acquire Boeing’s automated air taxi effort (latimes.com)
- Boeing to Fold Its Flying-Taxi Venture Into Rival Archer Aviation (finance.yahoo.com)