Boeing to Sell 3 Autonomous Flight Subsidiaries

Boeing is selling three subsidiaries working on autonomous flight to Archer Aviation, one of a handful of companies racing to bring small electric aircraft to market. In exchange, Boeing will receive a nearly 16.5 percent stake in Archer and other benefits.

Archer announced the deal on Monday, saying that it would acquire Boeing’s Wisk Aero unit, which is developing an electric, autonomous air taxi; SkyGrid, which is working on an automated air traffic management system; and Insitu, which is developing unmanned aircraft for military purposes.

Archer itself is developing piloted electric aircraft capable of taking off and landing vertically like a helicopter, for both commercial and defense uses. The deal is expected to close by the end of this year, pending regulatory approval.

“This is a watershed moment for Archer and the future of physical A.I. in aerospace and defense,” Adam Goldstein, the company’s founder and chief executive, said in a statement. “This is the next big step forward in becoming a diversified platform, rapidly growing our revenue base and bringing scale to our business.”

Article source: https://www.nytimes.com/2026/08/10/business/boeing-subsidiaries-sale-archer-aviation.html