Archer Aviation to buy three Boeing subsidiaries, shares surge

10th Aug 2026 13:38

(Sharecast News) - Shares of Archer Aviation surged on Monday after it agreed to buy Boeing's Wisk Aero, SkyGrid and Insitu subsidiaries.

No financial details were disclosed, but as part of the deal, Boeing will take a stake in Archer and retain access to Wisk's core autonomous flight technology for its current and next-generation commercial and defence aircraft. Boeing said the deal allows it to retain strategic upside through its stake in Archer and simultaneously focus current and future investments into its core businesses.

The companies said the deal will combine complementary capabilities developed over decades in autonomy, electric vertical take-off and landing (eVTOL) aircraft, and unmanned aircraft systems (UAS) - creating a "groundbreaking" end-to-end physical AI platform for aerospace and defence

Archer founder and chief executive Adam Goldstein said: "This is a watershed moment for Archer and the future of physical AI in aerospace and defence. This is the next big step forward in becoming a diversified platform, rapidly growing our revenue base and bringing scale to our business."

Brian Yutko, Boeing vice president, Commercial Airplanes Product Development, said: "This transaction is a win-win for Boeing and Archer.

"It allows Wisk, SkyGrid and Insitu to accelerate capability development and time to market while ensuring Boeing capitalises on its investments in these technologies over the past two decades through continued development in our core businesses. Having worked with the incredible teams in these companies firsthand, it's clear this transaction will create an industry leader in the advanced aviation market. We look forward to collaborating with Archer to drive continued innovation in aerospace, defence and autonomy."

At 1335 BST, Archer shares were up 24.7% at $6.97 in pre-market trade.