Archer Surges as Boeing Offloads Air-Taxi Subsidiaries for Stake

Archer Aviation jumped after Boeing agreed to transfer three of its air-taxi units—Wisk Aero, SkyGrid and Insitu—to Archer in exchange for cash and newly issued Archer stock, giving Boeing roughly a 16.5% stake post-close (19.75% pre-close). Boeing will also invest up to $55 million in an Archer funding round and take warrants to buy as much as $200 million more later, letting Boeing exit some advanced-air-mobility bets while staying strategically exposed. The deal brings Archer access to Wisk’s autonomous flight tech and Insitu’s defense business, expanding Archer’s revenue sources as the eVTOL race heats up.