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Boeing is selling its eVTOL subsidiaries Wisk Aero, SkyGrid, and Insitu to Archer Aviation, taking a stake in the company and striking a technology-sharing deal. The move lets Boeing focus on its core airplane business while bolstering Archer's push into commercial air taxi services.
Archer Aviation and Anduril unveiled the Thunder, a hybrid-electric VTOL aircraft designed for military and commercial use, at the Farnborough International Airshow.