Boeing sold its Insitu subsidiary to Archer Aviation amid ongoing FAA scrutiny and certification processes.
4 reports, 2 independent
Updated Sep 14
Gone quiet
- Reports
- 4
- Developments
- 3
- Repetition
- 25%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Boeing sold its Insitu subsidiary to Archer Aviation amid ongoing FAA scrutiny and certification processes.
Who's involved
What this event is mainly aboutHow it developed
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Part of
Archer Aviation acquires Insitu to extend its military portfolio, while Boeing sells subsidiaries to Archer Aviation.Also in this story
- Archer and Joby are competing in the eVTOL market, and the acquisition of Insitu is providing a strong revenue stream for Archer.
- Archer Aviation received three businesses from Boeing in exchange, and the company benefits from Insitu's drone technology.
- Boeing is acquiring Wisk Aero, SkyGrid, and Insitu subsidiaries, while retaining access to Wisk core autonomous flight technology.
- Archer Aviation acquired Boeing's subsidiaries for a stake.
The entities involved
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Boeing
American global aerospace and defense corporation
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Insitu
American company
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Federal Aviation Administration
U.S. government agency regulating civil aviation