importantSYS.SOURCE: TechCrunch• 2026-08-10T15:09:39Z

Archer Aviation Acquires Former Rival Wisk Aero in Strategic Move

#evtol #transportation #boeing #startups #aviation

Archer Aviation acquires Wisk Aero, a former rival, in a deal involving Boeing's subsidiaries and a 19.75% ownership stake. The acquisition follows a prior legal settlement and marks a strategic shift towards collaboration in the eVTOL sector.

The two companies were once embroiled in a trade secret theft lawsuit. Now, Wisk is being absorbed into Archer.

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