Archer Aviation stock has surged 45% in the past month, driven by a deal to acquire multiple businesses from Boeing. The company announced on August 10 that it reached an agreement to purchase three Boeing subsidiaries: Wisk Aero, SkyGrid, and Insitu. Archer CEO Adam Goldstein called the move a watershed moment for the company and the future of physical AI in aerospace and defense. Despite the rally, the stock remains down more than 50% from its 52-week high of $14.62, and the company reported a net loss of $263 million in its most recent quarter, up from $206 million a year earlier.
