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An agreement to acquire Wisk Aero, SkyGrid, and Insitu from Boeing (BA) put Archer Aviation (ACHR) in focus early Monday.
Archer makes electric vertical takeoff and landing aircraft, and the three subsidiaries come from Boeing's autonomous vehicle portfolio.
The company's Q2 earnings report is scheduled for late the same evening, meaning the session carries two catalysts on the same calendar day.
What the deal includes Boeing developed Wisk Aero as its air taxi venture, placing it in direct commercial overlap with Archer's existing business.
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