Although announced August 10, the transaction is one of today’s dominant aerospace stories. Archer will acquire Wisk Aero, Insitu and SkyGrid, while Boeing takes a 19.75% stake in Archer, a board seat and maintains access to Wisk’s autonomous-flight technology.
The significance is unusually large: Wisk brings autonomous eVTOL technology, Insitu brings deployed military UAS and more than $200 million in annual revenue, and SkyGrid contributes automated airspace-management software. Together, those businesses have nearly 2 million flight hours.


