Wisk, the developer of the first all-electric, self-flying air taxi in the US, has secured $450 million in funding from The Boeing Company, making it one of the most well-funded Advanced Air Mobility (AAM) companies in the world. This investment will further advance the development of Wisk’s 6th generation, autonomous eVTOL aircraft.
The funding will also support the company as it enters an intensive growth phase over the next year, and prepares for the launch of scale manufacturing.
Wisk anticipates close to 14 million annual flights bringing time savings to over 40 million people across 20 cities – all with zero emissions.
Previous funding rounds were led by The Boeing Company and Kitty Hawk Corporation, through a joint venture.
Kitty Hawk remains an investor, and has supported the development of Wisk’s previous generations of aircraft.
Gary Gysin, CEO of Wisk says: “Wisk is extremely well-positioned to deliver on our long-term strategy and commitment to safe, everyday flight for everyone. We are incredibly fortunate to have Boeing as not only an investor but a strategic partner, which provides us with access to a breadth of resources, industry-leading expertise, a global reach, extensive certification experience, and more. As we enter this next stage of our growth, this additional funding provides us with capital while allowing us to remain focused on our core business and our number one priority, safety.”
Marc Allen, Chief Strategy Officer of Boeing. adds: “With this investment, we are reconfirming our belief in Wisk’s business and the importance of their work in pioneering all-electric, AI-driven, autonomous capability for the aerospace industry. Autonomy is the key to unlocking scale across all AAM applications, from passenger to cargo and beyond. That’s why straight-to-autonomy is a core first principle. Boeing and Wisk have been at the forefront of AAM innovation for more than a decade, and will continue to lead in the years ahead.”
Cora Air Taxi by Wisk
Based in the San Francisco Bay Area and New Zealand, Wisk is an independent company with over a decade of experience and over 1500 test flights.
Keyword: Wisk Aero Secures $450 Million From Boeing to Advance Certified Autonomous Electric Flight