Wisk raises $450 million in funding from Boeing

US-based electric air taxi startup Wisk Aero secures $450 million in funding from The Boeing Company. Wisk claimed it is now "one of the most well-funded advanced air mobility companies in the world".

The startup was founded in 2019 as a joint venture between Boeing and Kitty Hawk, the air vehicle firm launched by Google Co-founder Larry Page. Investment establishes Wisk as 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 eVTOL aircraft, a first-ever candidate for certification of an autonomous, all-electric, passenger-carrying aircraft in the U.S.

The funding will also support the company as it enters an intensive growth phase over the next year, its preparations for the launch of scale manufacturing, and the company’s Go-to-Market efforts.

Marc Allen, Chief Strategy Officer of Boeing said: “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.”