Boeing’s investment in the automated flying taxi developer follows a series of reverse takeovers in the sector in 2021.

Aerospace manufacturer Boeing invested $450m in US-based flying taxi developer Wisk yesterday, highlighting the interest from the industry in commercially viable vertical take-off and landing (VTOL) vehicles.

Founded in 2010 as Zee Aero, Wisk is working on automated electric VTOL (eVTOL) echnology and is currently in the process of building its sixth generation machine. Zee Aero was acquired by Kitty Hawk Corporation in 2017 and Wisk was formed as a joint venture with Boeing in 2019.

In contrast to other…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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