Archer Aviation Is Teaming Up With Boeing. Time to Buy the Dip?

Archer Aviation agreed to acquire three Boeing businesses—Wisk Aero, Insitu, and SkyGrid—in exchange for newly issued stock, giving Boeing a 19.75% stake in Archer's Class A shares. The deal expands Archer's defense business and diversifies revenue streams, but results in significant shareholder dilution. While the acquisition strengthens Archer's aerospace capabilities, the company still lacks certification for its core Midnight eVTOL air taxi business.