Archer Aviation to acquire three Boeing businesses; Boeing gets 19.75% stake

Published Aug 12, 04:35 PM UTC

Archer Aviation (NYSE: ACHR) has agreed to acquire three Boeing businesses—Wisk Aero, Insitu, and SkyGrid—in exchange for newly issued Archer stock, giving Boeing a 19.75% stake. The deal significantly boosts Archer's defense capabilities, particularly through Insitu, a profitable military-drone company generating over $200 million in annual revenue, compared to Archer's $300,000 in 2025. Archer stock initially surged 25% but settled to a 13% gain. The acquisition also includes Wisk, an eVTOL company with 1,700+ flight tests, and SkyGrid, an air traffic management platform. While the deal strengthens Archer's position in autonomous aviation and defense, it raises concerns about shareholder dilution. The article analyzes whether the stock dip presents a buying opportunity.