Pioneering advanced air mobility (AAM) company Wisk Aero is getting a financial boost in its drive to obtain certification of its electric takeoff and landing (eVTOL) air taxi craft through a $450 million infusion from aviation giant and corporate mentor Boeing.
Wisk said the considerable influx of capital would be used to accelerate further development and testing of its sixth-generation eVTOL air taxi toward Federal Aviation Administration certification, and underwrite the launch of large-scale manufacturing beyond that. The company says the investment – in addition to those previously made by other corporate benefactors – makes Wisk “one of the most well-funded AAM companies in the world.”
In making the announcement, Wisk also outlined the ambitious objectives it plans to fulfill as AAM vehicles and services take to the skies over the next few years.
Wisk is often described as a joint venture formed from the 2019 link-up between Boeing and Kitty…
