Wisk Aero, Archer, and Boeing Reach Agreement

Wisk Aero and Archer Aviation leaders in the Advanced Air Mobility (AAM) market, along with The Boeing Company announced that they have reached a settlement to resolve the federal and state court litigation between the parties. The parties have now entered into a collaboration that looks forward to the growth and development of the AAM industry. Archer has agreed to make Wisk its exclusive provider of autonomy technology for future variants of Archer’s aircraft. As part of the parties’ collaboration, Boeing is making an investment in Archer that will support the integration of Wisk’s autonomous technology in future variants of Archer’s aircraft. Wisk’s self-flying, eVTOL (electric vertical takeoff and landing) air taxi will make it possible for passengers to skip the traffic and get to their destination faster and is a fully-owned Boeing subsidiary. Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks.