Boeing sells eVTOL subsidiaries to Archer

Boeing has sold Wisk Aero, SkyGrid, and Isitu to Archer Aviation.
Boeing acquired a 19.75pc stake in Archer’s Class A common stock.
The transaction creates an end-to-end physical AI platform for aerospace and defence.
Boeing holds options to acquire additional Archer shares over four years.
The deal establishes a collaboration and technology-sharing framework between the companies.

Boeing has sold its three electric vertical takeoff and landing (eVTOL) subsidiaries – Wisk Aero, SkyGrid, and Isitu – to Archer Aviation in exchange for a minority stake in the eVTOL developer. The transaction creates an end-to-end physical AI platform for aerospace and defence centred on collaboration and technology-sharing. Boeing’s investment in the start-up equates to 19.75pc of Archer’s Class A common stock, according to regulatory filings, and includes options to acquire additional shares over the next four years.

The deal consolidates Boeing’s eVTOL assets under Archer’s operational framework while allowing the aerospace giant to maintain a financial interest in the sector’s development. The transaction establishes a partnership structure focused on physical AI applications for aerospace and defence markets. Archer gains control of Wisk Aero, SkyGrid, and Isitu, which have been developing technologies for urban air mobility, autonomous flight systems, and drone operations.

Boeing’s strategic move reflects a shift in its approach to the emerging eVTOL market, moving from direct ownership to equity participation in a dedicated developer. The options to acquire additional Archer shares over the next four years provide Boeing with flexibility to increase its stake as the technology and market mature. The collaboration and technology-sharing framework embedded in the transaction positions both companies to compete in the growing advanced air mobility sector.