TechCrunch Mobility: The shifting flight path of electric air taxis

Live updates

1. 29d ago

   Boeing Divests Autonomous Flight Units in Deal with Archer Aviation

   Boeing is selling three autonomous flight subsidiaries and taking a stake in Archer Aviation to focus on the physical AI future of aerospace and defense. Archer is acquiring a Boeing business valued at over $200 million, despite reporting only $6.9 million in revenue. The deal transforms former courtroom rivals into corporate partners. Archer currently holds approximately $1.6 billion in capital but has guided for a quarterly loss of $200 million. Bank of America analysts suggest this move may prepare Boeing for a larger strategic shift in the eVTOL sector.

   Why it matters

   Electric vertical takeoff and landing (eVTOL) aircraft aim to revolutionize urban mobility. Boeing's shift from internal development to a strategic partnership with Archer signals a change in how aerospace giants approach autonomous flight.

   What is confirmed

   • Boeing is selling three autonomous flight subsidiaries.
   • Boeing is taking a stake in Archer Aviation.
   • Archer is buying a Boeing business worth more than $200 million.
   • Archer reported $6.9 million in revenue.
   • Archer has approximately $1.6 billion in assets.
   • Archer guided to a $200 million quarterly loss.

   Still unconfirmed

   • Bank of America views the deal as clearing a path for a larger move by Boeing.
   • Archer's stock price has fallen over 20%.

   What to watch next

   • Disclosure of the specific stake percentage Boeing holds in Archer
   • Regulatory approval for the acquisition of Boeing's autonomous flight units
   Sources used for this update (10)

   1. CNBC — Boeing sells eVTOL subsidiaries, takes stake in Archer
   2. The New York Times — Boeing to Sell 3 Autonomous Flight Subsidiaries
   3. Archer Aviation - Investor Relations — Archer Announces Second Quarter 2026 Results; Announces Deal with Boeing to Shape Physical AI Future of Aerospace and Defense
   4. thestreet.com — BofA sees Boeing's puzzling deal clearing path for a bigger move | BA
   5. Yahoo Finance — From Courtroom Rivals to Corporate Partners: Archer Buys Its Way Into Boeing’s Orbit
   6. TechCrunch — TechCrunch Mobility: The shifting flight path of electric air taxis
   7. The Motley Fool — Archer Aviation Has $6.9 Million of Revenue. It's Buying a Boeing Business With More Than $200 Million.
   8. The Motley Fool — Archer Aviation Has Fallen Over 20% and Looks Like a Long-Term Buying Opportunity
   9. Trefis — Archer Aviation Is Buying The Revenue Its Own Quarter Could Not Produce
   10. The Motley Fool — Archer Guided to a $200 Million Quarterly Loss. It Has About $1.6 Billion.
   confidence 95%