Wisk

Wisk

Develops autonomous electric air taxis

About

Wisk Aero develops autonomous electric vertical takeoff and landing (eVTOL) aircraft aimed at transforming urban transportation by making air taxis a viable option. Their eVTOL aircraft, branded as Wisk and Cora, are designed to be safe, sustainable, and accessible, meeting high aviation safety standards. Wisk Aero addresses the challenges of current transit systems by providing a faster and more efficient mode of travel for urban commuters, businesses, and municipalities. The company generates revenue by selling eVTOL aircraft to transportation providers, offering air taxi services to consumers, and forming partnerships to integrate their technology into existing transportation networks. Since its founding in 2010, Wisk Aero has conducted over 1750 test flights and continues to lead in the advanced air mobility sector with a focus on safety and sustainability.

Company Stage

Late Stage VC

Employees

501-1,000

Industries

Automotive & Transportation, Energy, Aerospace

Total Funding

$437.7M

Headquarters

Mountain View, California

Founded

2019


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Simplify's Take

What believers are saying

  • Increased interest in urban air mobility boosts investment and partnerships for Wisk.
  • FAA's regulatory advancements could accelerate Wisk's autonomous aircraft certification.
  • Development of vertiport infrastructure supports Wisk's expansion in urban landscapes.

What critics are saying

  • Competition from Joby Aviation and Archer Aviation threatens Wisk's market share.
  • Regulatory hurdles in various countries may delay Wisk's deployment timelines.
  • Public skepticism about autonomous air taxis could hinder Wisk's consumer adoption.

What makes Wisk unique

  • Wisk focuses on autonomous eVTOL aircraft, setting it apart in urban air mobility.
  • The company has conducted over 1750 test flights, showcasing its commitment to safety.
  • Wisk's acquisition of Verocel enhances its software safety for self-flying eVTOLs.

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Growth & Insights
Headcount

6 month growth

19%

1 year growth

1%

2 year growth

19%

Benefits

100% paid employee medical, dental, & vision benefits, plus generous cost-sharing for spouse/dependent coverage

401(k) plan with 50% employer matching

9/80 alternative work schedule with every other Friday off

Commuter benefits & Flexible Spending Account (FSA)

Flexible time off to maintain a healthy work-life balance, plus 10 paid holidays per year

Quarterly wellness stipend to help maintain a healthy lifestyle

Annual company match for charitable giving

Communications allowance

Education assistance and flight lesson subsidy

Free electric vehicle charge stations at HQ

Daily catered lunch in Wisk facilities

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