AIFinancial Timesabout 3 hours ago
Boeing sells three subsidiaries to Archer for stake
1 min read
Boeing is selling Wisk Aero, SkyGrid, and Insitu to Archer Aviation in exchange for a 19.75% stake in the eVTOL startup, with options to buy more shares over four years. Archer shares surged 16% in premarket trading.
Level
Hype check
Tap to vote and see what everyone thinks.
How outlets covered it
Summary by ByteBrief
