automotive

Archer Aviation Buys Boeing Subsidiaries

Archer Aviation Takes Flight (Again) on Boeing Deal Archer Aviation's announcement that it will acquire Boeing's autonomous vehicle subsidiaries has sent shockwaves through the market.

The deal includes Wisk Aero, SkyGrid, and Insitu, companies that have been making waves in the air taxi and unmanned aerial vehicle sectors.

The acquisition highlights the harsh realities facing electric vertical takeoff and landing (eVTOL) manufacturers.

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