Archer Aviation agreed to buy three business units from Boeing, sending its stock higher, according to a report by MarketWatch. The deal is part of the company's broader effort to transform aviation through the use of artificial intelligence.
Archer Aviation is an electric air taxi company that has been working to bring short-range, low-altitude aircraft to commercial markets. The acquisition of the Boeing units represents a significant expansion of its operations and technical capabilities.
The details of the financial terms of the deal were not immediately disclosed, but the announcement was enough to move Archer's stock upward on the day the agreement was announced. The company has positioned the Boeing deal as a key step in its strategy to bring AI-driven aviation technology to scale.
Boeing has been working through a prolonged period of financial and operational difficulty, and the sale of the three units is part of a broader effort to streamline its business. Archer, by contrast, has been actively seeking to grow through partnerships and acquisitions as competition in the electric aviation sector increases.
The deal adds manufacturing and engineering resources to Archer's existing platform. The company has previously focused on developing its Midnight aircraft, a vertical takeoff and landing vehicle designed for short urban routes. Adding Boeing's capabilities could speed development and production timelines.
The electric air taxi sector has attracted significant investment in recent years, with multiple companies racing to certify aircraft with the Federal Aviation Administration and begin commercial service. Archer received its FAA type certification for Midnight in late 2025 and has been working to launch paid passenger flights.
