The two companies were once embroiled in a trade secret theft lawsuit. Now, Wisk is being absorbed into Archer.

Archer Aviation is buying three of Boeing’s aerospace subsidiaries: autonomous air-taxi developer Wisk Aero, military drone maker Insitu, and airspace-software firm SkyGrid. The deal also hands Boeing a stake in Archer.

Investors loved it. Archer (ACHR) stock jumped more than 20% on Monday, and the acquisition instantly turns a pre-revenue eVTOL startup into a company with a profitable defense business behind it.

It could accelerate Archer’s eVTOL plans.

When we last checked in on Boeing's Starliner spacecraft in February, NASA was announcing that it had formally classified the 2024 crewed flight of the Starliner spacecraft as a “Type A” mishap, an acknowledgement that the test flight was a serious failure.

At the time, NASA Administrator Jared Isaacman said the space agency was working with Boeing to "fully understand the risks associated" with the Starliner spacecraft, and to remediate them. Starliner would not fly its next mission, a cargo flight to the International Space Station, until those problems were identified and remediated. He declined to put a date on the test flight.

However, it now appears this work is proceeding apace.

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