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US Business · cnbc.com · Wednesday, 12 August 2026

Boeing trades three eVTOL units for 19.75% stake in Archer Aviation

Boeing is offloading Wisk Aero, SkyGrid and Insitu to Archer Aviation, taking newly issued Archer Class A shares worth about 19.75% of the company and options for more over four years. The deal lets Boeing trim non‑core units while giving Archer a full suite of autonomous‑flight, traffic‑management and drone technology to fast‑track its eVTOL rollout.

Read the source: cnbc.com ↗In the 12 August issue →