Boeing Divests Aerial Taxi Units

Boeing has signed a deal to sell its units specializing in flying taxi technology and drones to Archer Aviation, as part of its focus on core activities in the commercial and defense aircraft sectors. Archer will acquire the Wisk, Skygrid, and InSitu divisions, and has entered into a technology exchange agreement that grants Boeing access to the autonomous flight technologies developed by the company. This move comes as Boeing seeks to recover its performance following quality issues and prepare to compete with other companies developing electric vertical takeoff and landing (eVTOL) aircraft technologies, supported by U.S. government efforts to enhance dominance in this sector.

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