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DateInvestorsAmountRound
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$450m

Late VC
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Acquisition
Total Funding$450m

Recent News about Wisk Aero

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Wisk Aero is a pioneering company in the advanced air mobility sector, focusing on developing autonomous electric vertical takeoff and landing (eVTOL) aircraft. Their mission is to revolutionize everyday transportation by making air taxis a reality, thereby reducing travel time and enhancing mobility. The company serves a diverse range of clients, including urban commuters, businesses, and municipalities looking to integrate innovative transportation solutions into their infrastructure.

Operating primarily in the urban air mobility market, Wisk Aero aims to address the inefficiencies and accessibility issues present in current transit systems. Their business model revolves around the development, manufacturing, and deployment of eVTOL aircraft, branded under names like Wisk and Cora. These aircraft are designed to be safe, sustainable, and accessible, adhering to the highest aviation safety standards.

Wisk Aero generates revenue through multiple streams. Firstly, they sell their eVTOL aircraft to urban transportation providers and municipalities. Secondly, they offer air taxi services directly to consumers, providing an alternative to traditional ground transportation. Additionally, they may engage in partnerships and collaborations with cities and private companies to integrate their technology into existing transportation networks.

The company has made significant strides since its inception in 2010, conducting over 1750 full-scale test flights and developing multiple generations of aircraft. Their commitment to innovation, safety, and sustainability positions them as a leader in the advanced air mobility industry.

Keywords: eVTOL, air taxis, urban mobility, autonomous aircraft, advanced air mobility, sustainable transportation, aviation safety, innovation, accessibility, urban transportation.

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Investments by Wisk Aero

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Verocel
ACQUISITION by Wisk Aero Jun 2024