Stock

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

(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

You May Also Like

Economy

Thousands of dockworkers on the East Coast and Gulf Coast will return to work after reaching a tentative agreement on wages, ending one of...

Editor's Pick

Republican presidential nominee Donald Trump criticized Vice President Kamala Harris’s mental capacity Saturday, falsely claiming she was born “mentally impaired” and comparing her actions...

Latest News

Tunisians voted Sunday in an election expected to grant President Kais Saied a second term, as his most prominent detractors, including one of the candidates challenging...

Editor's Pick

Former president Donald Trump and his allies have filed hundreds of lawsuits, with more to come, seeking to tighten voting rules or disqualify voters....

Disclaimer: beneficialinvestmentnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 beneficialinvestmentnow.com

Exit mobile version