Boeing is selling its air taxi startups to Archer Aviation
Boeing has agreed to sell three electric vertical takeoff and landing subsidiaries to Archer Aviation, concluding a contentious relationship between the aerospace giant and the air taxi startup. The transferred companies—Wisk Aero (autonomous aircraft), SkyGrid (air traffic management), and Insitu (military drones)—will expand Archer's technological foundation. Boeing retains a financial interest in Archer and continues access to Wisk's autonomous flight systems for defence and commercial use, whilst both firms commit to sharing intellectual property.
The transaction addresses Boeing's mounting operational challenges, particularly its massive backlog of undelivered aircraft and intensifying regulatory oversight following safety incidents. For Archer, the acquisition substantially amplifies its technical capabilities and resources as it races toward commercial air taxi operations across multiple US markets this year. The deal transforms a 2021 patent lawsuit between Wisk and Archer into a collaborative partnership, positioning both entities to accelerate development of electric aviation technology.
- Boeing transfers three eVTOL subsidiaries (Wisk Aero, SkyGrid, Insitu) to Archer Aviation whilst retaining a stake and technology-sharing rights
- Move frees Boeing to address its $715 billion aircraft backlog and regulatory pressures; strengthens Archer's path to commercial air taxi launch
- Resolves 2023 settlement of earlier patent dispute between the firms; Archer plans pilot services in NY, Texas, Florida by year-end
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