Advanced Air Mobility

Wisk Aero, the autonomous eVTOL manufacturer, has become a fully owned subsidiary of Boeing, the company’s CEO Brian Yutko said.  Previously, Wisk had two stakeholders – Boeing and Kitty Hawk – with the latter closing its doors in September 2022. Making…

EHang, the Chinese eVTOL manufacturer, saw its revenue skyrocket 41.6% to RMB22.2 million (USD$3.2 million) in the first quarter of 2023 due to an increasing number of orders received.  The firm’s total revenue growth rose from RMB15.7 million (USD$2.2 million) in…