Archer

@flyarcher

Building the future of aerospace and defense (NYSE: $ACHR) Official Air Taxi Provider @TeamUSA @LA28

Santa Clara, CA

linktr.ee/FlyArcher

Joined May 2020

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Archer
@flyarcher
Aug 10
Today, we signed definitive agreements to acquire @WiskAero, @skygridai, and @Insitu_Inc from @Boeing, with Boeing taking a stake in Archer and becoming a strategic partner. We anticipate closing the transaction by year end. Wisk will accelerate our Halo/Thunder dual-use
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Archer
@flyarcher
Aug 11
As part of our transaction with @Boeing, we will acquire @Insitu_Inc - one of the most trusted and reputable intelligence, surveillance, and reconnaissance (ISR) drone manufacturers in the U.S. Insitu is profitable today, with over $200M in annual revenue across 35 countries.
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Archer
@flyarcher
Aug 11
Underrated tweet
Adam Goldstein
@adamgoldstein13
Aug 10
Replying to @adamgoldstein13
What makes this a good deal for Archer What the deal structure makes clear is that Boeing truly understands the long-term value of this combination and intends to unlock it through being a shareholder in Archer. Boeing took all equity as consideration for the transaction, with a
Archer
@flyarcher
Aug 10
Today is an important inflection point for Archer. With the planned acquisitions of Wisk, Insitu, and SkyGrid from @Boeing, coupled with our recent unveiling of the Archer Halo/Thunder aircraft platform, Archer’s ZEE AI foundational model, and our ACES infrastructure consortium
Archer
@flyarcher
Aug 10
Highlights from today’s announcement that Archer has signed definitive agreements with @Boeing to acquire @WiskAero, @skygridai, and @Insitu_Inc. As a result of the all equity deal, Boeing will take a stake in Archer and become a strategic partner.