🟢 Archer Aviation is trading 10.25% up today after Boeing deal adds defense technologies

Archer Aviation is trading 10.25% up now at $6.93 as investors continue reassessing its transformative Boeing transaction.

• The deal adds Wisk Aero, Insitu, and SkyGrid; provides access to autonomous-flight and defense technologies; and is expected to add more than $200 million in annual revenue.
• Boeing will receive an approximately 16.5% post-transaction stake, supporting Archer’s broader aerospace and defense strategy.
• Archer’s August 10 earnings release reported $5 million of second-quarter revenue and maintained liquidity; softer inflation, a stronger technology market, and broader risk appetite also support shares.