• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Wisk Aero partners with Airservices Australia as it readies air taxi launch

by October 16, 2024
written by October 16, 2024

(Reuters) – Boeing-owned Wisk Aero said on Tuesday it has partnered with government agency Airservices Australia to study how air taxis and other autonomous aircraft can be integrated into the country’s airspace.

The move comes as the electric air taxi maker aims to launch its four-seater autonomous aircraft in Australia before the Brisbane 2032 Olympic and Paralympic Games.

Wisk is one of the several electric vertical take-off and landing (eVTOL) aircraft makers that have emerged over the last few years with a promise to provide an environmentally friendly mode of transport in congested cities.

Earlier this year, peer Joby Aviation (NYSE:JOBY) applied for the certification of its eVTOL aircraft in Australia.

However, the industry faces technological hurdles such as manufacturing batteries that are powerful enough to allow companies to make more trips on a single charge.

Air taxi makers also need to convince regulators and the public that such a mode of transport is safe, a barrier that is higher when the aircraft is autonomous.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Japan’s upcoming stimulus package will be bigger than last year’s, spokesperson says
next post
Apple launches new iPad mini with AI features

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Column-Transatlantic balance buoys sterling towards pre-Brexit berth: Mike Dolan
    • Bank of Israel holds rates on high inflation, economic uncertainty

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy