Tag: archer aviation

Boeing to divest tech ventures for stake in air-taxi startup
Posted in Startups

Boeing to divest tech ventures for stake in air-taxi startup

Boeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup. The…

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Archer Aviation stock surged 22% after its Boeing deal (AP Photo/Richard Drew, File) (AP Photo/Richard Drew)
Posted in Business

Why Archer Aviation stock surged 22% as Boeing deal expands its defense and autonomous flight business

Archer Aviation shares jumped sharply after the company announced a major deal with Boeing. The stock surged 22.5% in pre-market trading on Monday, after Archer…

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