Archer Aviation Has $6.9 Million of Revenue. It's Buying a Boeing Business With More Than $200 Million.

Archer Aviation is acquiring Boeing's three subsidiaries (Wisk Aero, Insitu, and SkyGrid) in a deal where Boeing will own approximately 16.5% of Archer post-closing. Insitu brings over $200 million in annual profitable revenue, roughly 29 times Archer's current revenue of $6.9 million. The deal is expected to close by end of 2026, pending regulatory approvals.