The Zhitong Finance App learned that American aerospace manufacturing giant Boeing (BA.US) will sell several of its business divisions that specialize in developing low-altitude flying taxis and drone technology to Archer Aviation Inc (ACHR.US), a leader in the US “low-altitude flight economy”. This means that the US aircraft manufacturer is focusing on its core commercial aircraft and military defense business. After the news came out, Archer Aviation's stock price surged more than 15% at the beginning of the US stock market.

The Zhitong Finance App learned that American aerospace manufacturing giant Boeing (BA.US) will sell several of its business divisions that specialize in developing low-altitude flying taxis and drone technology to Archer Aviation Inc (ACHR.US), a leader in the US “low-altitude flight economy”. This means that the US aircraft manufacturer is focusing on its core commercial aircraft and military defense business. After the news came out, Archer Aviation's stock price surged more than 15% at the beginning of the US stock market.