Boeing Becomes Sole Owner of Air Taxi Manufacturer Wisk Aero

Facing slowdown in 737 Max deliveries, aviation giant takes full ownership of eVTOL developer.

Jack Daleo

Thursday, June 01, 2023 at 02:22 PM ET

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Wisk’s Generation 6 air taxi prototype was unveiled in October. [Courtesy: Wisk Aero]

Key Takeaways:

Boeing has acquired full ownership of Wisk Aero, the autonomous air taxi manufacturer it has backed since 2019, making it a wholly owned subsidiary.
Wisk, significantly supported by Boeing, is developing its Generation 6 autonomous eVTOL prototype with a deliberate, long-term approach to certification and commercialization.
Unlike competitors, Wisk is prioritizing autonomous flight, which entails a longer FAA certification process but is viewed as a stronger long-term strategy, despite potential delays in market entry.

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As it contends with a slowdown in 737 Max deliveries at present, Boeing also has its eye on the future.

According to reports this week, the aerospace powerhouse is now the sole owner of Wisk Aero, the self-flying air taxi manufacturer it has been backing since 2019, alongside Google co-founder Larry Page’s Kitty Hawk Corp. Kitty Hawk ceased operations last year but continued to invest in the electric vertical takeoff and landing (eVTOL) aircraft developer.