22 Sep 2022 | Abstracted from Fortune
"Kittyhawk formed its Wisk venture with Boeing Co. in 2019, and the airplane manufacturer went on to invest $450 million in the partnership..."Kittyhawk's decision to cease operations does not change Boeing's commitment to Wisk...the aviation titan helped showcase Wisk's rotor-powered Cora aircraft at the Farnborough International Airshow in July..
"Now Kittyhawk's shutdown...shows how hard the market is to crack."
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