Archer to Shape Physical AI Future of Aerospace and Defense with Acquisition of Boeing’s Wisk Aero, Insitu and SkyGrid Subsidiaries; Boeing to Invest in Archer and Collaborate
Transaction creates an end-to-end physical AI platform for aerospace and defense. Adds a profitable defense business generating over $200M in annual revenue[1], with operations across 35 countries, to Archer’s portfolio. Combines Wisk, SkyGrid and Insitu’s pioneering autonomy and airspace intelligence software with Archer’s leading purpose-built AI foundation model for aerospace and defense, ZEE. Boeing to […]