Boeing Invests Millions in an Electric Autonomous Air Taxi Project
Aerospace giant Boeing is making big investments in autonomous electric vertical take-off and landing (eVTOL) aircraft that could fly passengers and cargo around busy cities in the not-too-distant future.
Electric air taxi startup Wisk Aero announced Monday it secured $450 million in funding from Boeing to support the development of pilotless flying taxis, establishing Wisk as “one of the most well-funded Advanced Air Mobility (AAM) companies in the world.”
The company was formed in 2019 as a joint venture between Boeing and Kitty Hawk, an electric air taxi company launched by Google co-founder Larry Page.