Wisk receives $450 million funding from Boeing

This investment will further advance the development of Wisk’s sixth generation electric vertical take-off and landing (eVTOL) aircraft, a first-ever candidate for certification of an autonomous, all-electric, passenger-carrying aircraft in the US.

Within five years following the certification of the aircraft, Wisk intends to operate one of the industry’s largest fleets of eVTOL aircraft. In this timeframe, Wisk anticipates close to 14 million annual flights bringing time savings to over 40 million people across 20 cities – all with zero emissions.

Wisk’s number one priority is aircraft safety

Gary Gysin, CEO of Wisk, said: “As we enter this next stage of our growth, this additional funding provides us with capital while allowing us to remain focused on our core business and our number one priority, safety.”

Marc Allen, Chief Strategy Officer of Boeing, added: “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 advanced air mobility (AAM) applications, from passenger to cargo and beyond.”

Previous undisclosed funding rounds were led by Boeing and Kitty Hawk Corporation, through a joint venture, making Wisk one of the only AAM companies to be backed by two aviation leaders. Kitty Hawk remains an investor and has supported the development of Wisk’s previous generations of aircraft.

In the UK, the Civil Aviation Authority has established an international consortium of eVTOL industry leaders and aviation experts.