FUNDING
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FUNDING$500M Joby deal
Air Taxis Consolidate: Archer Buys Wisk, Joby Buys Defense
Archer Aviation acquired Boeing's Wisk Aero along with SkyGrid and Insitu, giving Boeing a 16.5% stake in Archer, while Joby paid $500 million for Resonant Sciences to launch a defense arm.
DEEP DIVE
BIG TECH
Archer Buys Boeing's Wisk, SkyGrid and Insitu Units
BIG TECH
Archer Buys Boeing's Wisk, SkyGrid and Insitu Units
Archer Aviation is acquiring Boeing's Wisk Aero, SkyGrid and Insitu units in an all-stock deal that gives Boeing roughly a 16.5% stake in Archer and sent Archer shares up nearly 19%.
DEEP DIVE