The headquarters of Boeing in Crystal City, Virginia, a short distance from the Pentagon. Boeing has exchanged three of its small subsidiaries for a share in Archer Aviation, a growing California-based aerospace company. (Shutterstock/Daniel J. Macy)

Boeing Is Spinning Off Three of Its Startups—with a Twist

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Boeing is “selling” three subsidiaries focused on drone technology and logistics to competing startup Archer Aviation—in exchange for one-sixth of the parent company.

Boeing is selling three of its small subsidiaries—Wisk Aero, Insitu, and SkyGrid—to California-based aircraft manufacturer Archer Aviation in an all-stock transaction that, pending regulatory approval, will close by the end of 2026.

In return for the subsidiaries, Boeing will take roughly a 16.5 percent stake in Archer, while retaining access to key autonomy technology. The deal, which is worth an estimated $200 million in stock, isn’t necessarily a clean exit for Boeing, but a re-alignment: the aerospace giant appears to be shedding its non-core businesses, while still preserving access to autonomy, electric aviation, and defense tech.

What Archer Aviation Is........

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