Archer agrees to buy Boeing's Wisk, bringing an autonomous air taxi under its roof

Archer Aviation announced a deal on August 10 to acquire Wisk Aero, Insitu and SkyGrid from Boeing, alongside its second-quarter 2026 results. As part of the transaction, Boeing is set to take a strategic stake in Archer and become a strategic partner, with an ongoing technology-sharing arrangement. Archer says the deal is still subject to closing conditions, including regulatory approvals.

"With the planned acquisitions of Wisk, Insitu, and SkyGrid from Boeing, coupled with our recent unveiling of Halo, ZEE, and ACES, we are rapidly advancing our diversified, multi-platform strategy across air taxis, UAS and AI," founder and CEO Adam Goldstein said.

What Archer is buying

• Wisk develops the Gen 6, an all-electric, autonomous four-seat air taxi overseen by a ground-based operator rather than an onboard pilot. In May 2026, Wisk flew its second Gen 6 aircraft at Hollister, California. Its first Gen 6 began flight testing in mid-December 2025. Wisk's Texas DOT partner was selected for the FAA's eVTOL Integration Pilot Program.
• Insitu makes uncrewed aircraft. Archer says it alone will add over $200 million in annual revenue, with operations in 35 countries.
• SkyGrid works on airspace intelligence. Archer frames all three as part of an "end-to-end physical AI platform."

Midnight's quarter

Archer also reported that in July, its piloted Midnight flew a round trip between Salinas Municipal Airport and Monterey Regional Airport. Each leg took about nine minutes, compared with over 35 minutes by car. Archer called it a step toward launching Midnight operations under the eIPP "later this year." The company also unveiled Halo and Thunder, the commercial and defense variants of a hybrid VTOL platform built with Anduril. And it announced ZEE, an AI foundation model built for aviation.

The financials

For Q2 2026, Archer reported revenue of $5.0 million, mostly from its Hawthorne Airport operations in Los Angeles. It posted a net loss of $263.2 million and ended the quarter with $1,560.6 million in cash, cash equivalents and short-term investments. It guided to a Q3 adjusted EBITDA loss of $170 million to $200 million.

Our take

The deal puts Boeing's autonomous air-taxi program under the same roof as Archer's piloted Midnight and its hybrid Halo, spreading Archer's bets across all three approaches. But it doesn't change either aircraft's certification status. Midnight still has no type certificate, and Wisk's Gen 6 is in early flight testing. We'll update the tracker when the transaction closes.

Sources

• Archer: Second Quarter 2026 Results, SEC exhibit (Aug 10 2026)
• Wisk: Second Gen 6 Aircraft Accelerates Wisk's Flight Test Program (May 4 2026)