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, an autonomous electric vertical takeoff and landing (eVTOL) aircraft developer it has backed since 2019, solidifying its investment in future air mobility.
Wisk is focused on developing its self-flying Generation 6 air taxi, supported by significant financial investment and technological expertise from Boeing.
The company is pursuing a deliberate and extended certification process for its autonomous eVTOL, which is expected to take longer than competitors due to the complexities of regulatory approval for self-flying aircraft.
Consequently, Wisk anticipates reaching the market later than rivals like Archer and Joby, but remains confident in the long-term viability of its autonomous design despite initial market share advantages for competitors.

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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.