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 eVTOL (electric vertical takeoff and landing) air taxi developer it has significantly backed since 2019.
Wisk is pursuing a deliberate, long-term strategy for certification and commercialization, focusing on its self-flying Generation 6 prototype, which will face unique regulatory challenges due to its autonomous nature.
Despite a potentially slower market entry compared to rivals, Boeing's substantial financial and technological investment underscores a commitment to Wisk's long-term vision for urban air mobility with plans for services in various global locations.

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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.