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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.  

Read the source article at The Hill

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