Boeing has acquired full ownership of eVTOL aircraft developer Wisk Aero, previously a joint venture with Kitty Hawk, a mobility startup founded by Google co-founder Larry Page and Google executive Sebastian Thrun, which ceased operations in September 2022.

During a media briefing on May 31 in South Carolina, Wisk CEO Brian Yutko announced the change of ownership without disclosing the financial details of the transaction between Boeing and its former partners.

When Kitty Hawk shut down, Wisk clarified that the closure did not impact its ownership and that Kitty Hawk's backers would still be investors in Wisk's plans to bring an autonomous passenger eVTOL aircraft to the market later this decade.

As a wholly-owned subsidiary of the Boeing group, Wisk will continue to function as an independent company under the oversight of the Boeing board. A spokesperson stated that Boeing would provide additional support to Wisk through access to talent and expertise.