Quartz·1 min read·medium

Boeing is selling its air taxi and drone units to Archer Aviation for a stake in the startup

Cris Tolomia
AI Summary

Boeing is divesting its air taxi, drone, and air traffic management divisions to Archer Aviation. The move is part of Boeing's broader strategy to streamline operations and focus on its core aerospace business.

The deal hands Archer control of Boeing's air taxi, drone, and air traffic management units as Boeing refocuses on its core businesses

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