Archer Aviation has agreed to acquire Boeing's Wisk and two other units. This was reported by Qazaqyia.kz citing Reuters.
As a result of the deal, Archer will gain nearly a 20% equity stake. This move is aimed at strengthening Archer's position in the electric air transportation sector.
Boeing's Wisk unit is involved in developing autonomous air taxis. The acquisition will allow Archer to integrate these technologies into its projects.
An official statement about the deal was made, but full financial terms were not disclosed. Representatives of Archer Aviation noted that this step is an important part of the company's development strategy.
The acquisition is expected to intensify competition in the air mobility market. Archer is already implementing several major projects, and Wisk's technologies will expand its capabilities.
The deal will be completed after approval from regulatory authorities. The parties hope to close the transaction in the near future.