Wisk Aero says it will conduct 14 million flights annually.
Wisk says it will use the new funds to undertake a period of rapid growth, adding new employees to its current workforce of approximately 350 people and kicking off a manufacturing process that it says will result in a full-scale, commercially operational air taxi business within the next five years. Once that happens, the company predicts that it will conduct 14 million flights annually in around 20 major markets around the globe.
Electric air taxis, sometimes misidentified as “flying cars,” are essentially small helicopters without the noisy, polluting gas motors. A number of startups have emerged in recent years with prototype aircraft that are electric-powered, able to carry a handful of passengers, and intended for short flights within a city or regionally. Analysts predict that the flying taxi market could grow to $150 billion in revenue by 2035.
Wisk hasn’t let the lack of regulatory approval get in the way of its business dealings. In addition to the newest founding announcement, the company made a deal last year with helicopter tourism-turned-urban mobility company Blade to
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