Wisk Aero, Google’s co-founder Larry Page eVTOL company, announced a USD 450 million funding from Boeing to continue the development of its sixth-generation autonomous eVTOL, named Cora and its type-certification with the Federal Aviation Administration (FAA) as an autonomous, all-electric, passenger-carrying aircraft. With that investment in hand Wisk becomes one of the most funded autonomous air mobility (AAM) companies in the world and can prepare for scale manufacturing, expand the whole team and plan its extensive growth.
“Wisk is extremely well-positioned to deliver on our long-term strategy and commitment to safe, everyday flight for everyone,” shares Gary Gysin, CEO of Wisk Aero. “We are incredibly fortunate to have Boeing as not only an investor, (but also as) a strategic partner, which provides us with access to a breadth of resources, industry-leading expertise, a global reach, extensive certification experience, and more.”
Boeing’s executive team also sounds very confident with Wisk, “With this ($450 million) 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,” comments Marc Allen, Boeing’s Chief Strategy Officer. “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.”