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Edition 2026-08-17

TECHNOLOGY

Archer Acquires Wisk Aero; Joby Buys Resonant Sciences in eVTOL Consolidation

Archer Aviation announced it has acquired the former rival Wisk Aero, and Joby Aviation completed a $500 million purchase of Resonant Sciences, illustrating a series of transact...

By techcrunch · 68d ago · Source: techcrunch

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Archer Aviation announced it has acquired the former rival Wisk Aero, and Joby Aviation completed a $500 million purchase of Resonant Sciences, illustrating a series of transactions in the electric vertical takeoff and landing (eVTOL) sector. Wisk Aero originated from Kitty Hawk, an electric aviation startup led by Alphabet’s Sebastian Thrun and backed by Google co‑founder Larry Page, which shut down in 2022 but continued its Cora program through a joint venture with Boeing that was later renamed Wisk. Archer’s acquisition includes Boeing’s 16.5 % stake and transfers SkyGrid and drone maker Insitu to Archer. Joby’s purchase of Resonant Sciences creates a dedicated defense unit called Joby Defense and reflects its expansion into the defense market. Uber disclosed that it sold its entire stake in autonomous delivery robot company Serve Robotics, a transaction that became public through a regulatory filing; the partnership that places Serve’s robots on the Uber Eats platform remains in effect until 2027. Uber also invested in Galgo, a Chilean fintech that offers credit for motorcycle purchases, according to Bloomberg. Mobility startup Yulu raised $93 million in a Series C round led by GEF Capital Partners and included $30 million in debt financing. Aurora Innovation and Kodiak AI received permits from the California Department of Motor Vehicles to test self‑driving trucks on public roads, and Kodiak AI has begun testing. Avride reported that it has logged more than 100,000 autonomous rides on the Uber app in Dallas, with a human safety operator present, two months after reaching a 60,000‑ride milestone. Delta Air Lines is investigating a cybersecurity incident in which an unidentified passenger allegedly created a fake Wi‑Fi network on a flight, prompting pilots to alert air traffic control. Flock announced new policies and tools intended to curb abuse of its automated license‑plate camera systems and to improve accountability for law‑enforcement customers. Ford said it is on track to complete a $2 billion overhaul of its Louisville Assembly Plant in Kentucky, which will produce the next‑generation Fathom midsize truck using a new assembly system. Ground Truth, an art project focused on housing affordability in New York, developed a device that can trigger the brakes on Citi rental bikes to limit speed in rent‑burdened neighborhoods, according to Wired. Hiroshi Okuda, a longtime Toyota executive who served as president and later chairman, died this week, according to the company. Pony.ai and Uber plan to deploy 2,000 robotaxis in four European cities as part of an expanded partnership. Department of Transportation Secretary Sean Duffy announced on X that the DOT has hired 2,000 candidates through a program to recruit video gamers as air traffic controllers, though he did not specify that they were all gamers. Uber Freight is investigating a cyberattack and data breach claimed by the hacking and extortion gang Helix. Waymo received approval from the California Public Utilities Commission to operate its robotaxis commercially in an expanded area of the San Francisco Bay Area and Los Angeles, with potential expansion to Sacramento and San Diego pending. Zoox released a safety case framework intended to demonstrate the safety of its autonomous vehicles in the absence of a federal test standard. Rivian CEO RJ Scaringe will appear onstage at TechCrunch Disrupt 2026 in San Francisco, scheduled for October 13‑15.

Source transparency

Publisher
techcrunch
Reliability
high
Published
8/17/2026, 10:00:30 AM
Retrieved
8/17/2026, 10:00:30 AM
Relevance
80%
Confidence
85%
Read original at techcrunch

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