Mobility
Boeing sells three air taxi startups to Archer Aviation
Boeing is selling three electric vertical takeoff and landing (eVTOL) subsidiaries to Archer Aviation and will also take an equity stake in Archer. The assets include Wisk Aero, SkyGrid and Insitu. Boeing and Archer will share technology, while Boeing will retain access to Wisk’s autonomous flight system for commercial and defence projects. Archer plans to begin pilot air taxi services before year-end in New York, Texas and Florida.