Electric vertical takeoff and landing (eVTOL) aircraft start-up Kitty Hawk formalized its partnership with Boeing in early December, announcing the formation of a joint venture called Wisk. The new company is primarily focused on bringing Kitty Hawk’s Cora eVTOL to market, although the partners have yet to confirm a timeline for the program.
The formation of the Wisk joint venture comes just over five months after Boeing and Kitty Hawk announced they would work together on eVTOL developments. No details have been released about the breakdown of equity ownership in Wisk or whether Boeing will be providing further funding for the company.
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