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# Archer buys former rival Wisk Aero

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

Archer Aviation has acquired Wisk Aero, its former rival, along with two other Boeing subsidiaries — SkyGrid (airspace management software) and drone maker Insitu. Boeing will receive newly issued Archer shares representing approximately 16.5% of the company post-close. The deal caps a turbulent history: Wisk sued Archer in 2021 for trade secret theft, a dispute that lasted two years before settling in 2023 with Archer naming Wisk its exclusive autonomous technology provider. Wisk traces its roots to Kittyhawk, the Larry Page-backed electric aviation startup, whose Cora autonomous air taxi program was spun off into a Boeing joint venture in 2019. Archer, meanwhile, has expanded beyond its original air taxi focus into defense, raising $430M in late 2024 and $300M in 2025 for its Archer Defense program, and continues to advance its all-electric Midnight aircraft toward commercial operations.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/08/10/archer-buys-former-rival-wisk-aero>

## Questions this post answers

### What did Archer Aviation get from Boeing in the Wisk Aero acquisition and what did Boeing receive in return?

Archer acquired Wisk Aero, SkyGrid (a digital airspace and air traffic management software company), and drone maker Insitu from Boeing. In exchange, Boeing received newly issued Archer shares equal to 19.75% of shares outstanding immediately before closing, resulting in approximately a 16.5% stake in Archer after the deal closed.

_Teams tracking eVTOL industry consolidation and investment moves follow deals like this on daily.dev._

### What was the original legal dispute between Archer Aviation and Wisk Aero and how was it resolved?

Wisk sued Archer in April 2021 for 'brazen theft' of confidential information and intellectual property. Archer counter-sued seeking $1 billion in damages. The two-year legal battle settled in August 2023 with Archer agreeing to make Wisk its exclusive autonomous technology provider and granting Wisk an option to purchase over 13 million shares of common stock at $0.01 per share.

_Developers and engineers in the aerospace sector keep up with industry partnerships and pivots on daily.dev._

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