Although Kitty Hawk is discontinuing its own aircraft development, at least one project will continue in its joint venture business with Boeing: Wisk Aero. “Today’s news has no bearing on Wisk.” “With Boeing and Kitty Hawk as investors, we remain in a solid financial and strategic position,” Wisk spokesman Chris Brown stated. During its most recent fundraising round, Boeing invested an additional $450 million in Wisk Aero.
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