Archer Aviation Has $6.9 Million of Revenue. It's Buying a Boeing Business With More Than $200 Million.

ACHR is acquiring three Boeing subsidiaries—Wisk Aero, Insitu, and SkyGrid—in a deal that will leave BA holding approximately 16.5% of Archer post-close. The transaction radically shifts ACHR's revenue profile: Insitu alone generates over $200 million in annual profitable revenue, roughly 29 times Archer's current $6.9 million. The deal is expected to close by the end of 2026, pending regulatory approvals.

The acquisition brings ACHR immediate scale and a profitable operating base, a sharp contrast to its current early-stage revenue. Boeing's 16.5% stake signals strategic alignment and provides validation, while also diluting existing shareholders. The timeline extends nearly two years, leaving integration risk and regulatory uncertainty in play through multiple reporting cycles.