Boeing Announces $450m Investment to Wisk Aero In Expansion of AAM Presence

LONDON – Wisk Aero has today announced Boeing will invest $450m into the company, as the AAM firm aims for big plans in this industry.

Such funds are going to be used to help the company get its 6th generation eVTOL aircraft towards the goal of first-ever certification of the aircraft to operate in the United States.

Wisk believes that up to 14 million annual flights could be utilized by this aircraft, offering savings to over 40 million people across 20 cities.

Commenting on the news was Gary Gysin, the CEO of Wisk:

“Wisk is extremely well-positioned to deliver on our long-term strategy and commitment to safe, everyday flight for everyone.”

“We are incredibly fortunate to have Boeing as not only an investor but a strategic partner, which provides us with access to a breadth of resources, industry-leading expertise, a global reach, extensive certification experience, and more.”

“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.”

Also commenting on this news was Marc Allen, the Chief Strategy Officer at Boeing:

“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 AAM applications, from passenger to cargo and beyond. That’s why straight-to-autonomy is a core first principle.”

“Boeing and Wisk have been at the forefront of AAM innovation for more than a decade, and will continue to lead in the years ahead.”

Such an investment means that Wisk will be one of the most well-funded Advanced Air Mobility companies in the world.

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James Field

James is a passionate AvGeek based in Manchester, U.K who has been actively spotting for years. James is the Editor-in-Chief for the company.

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