Archer to acquire Boeing's Wisk, Insitu and SkyGrid; Boeing to take strategic equity stake

Archer Aviation Inc.

Agreed to acquire Boeing's Wisk Aero, Insitu and SkyGrid all-stock; Boeing takes strategic equity stake with lockup
Insitu alone adds over $200M annual revenue, profitable, serving 35 countries with ~4,100 aircraft produced
Q2 2026 ended with ~$1.6B cash and cash equivalents incl. short-term investments
Unveiled Halo/Thunder hybrid VTOL with Anduril; launched ZEE AI model and ACES charging consortium
Midnight completed piloted Salinas-Monterey flights; eIPP operations planned later this year

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