Boeing and Kitty Hawk Corporation announced a strategic partnership to collaborate on future efforts to advance safe urban air mobility.
“Working with a company like Kitty Hawk brings us closer to our goal of safely advancing the future of mobility,” said Steve Nordlund, Vice President and General Manager of Boeing NeXt. “We have a shared vision of how people, goods and ideas will be transported in the future, as well as the safety and regulatory ecosystem that will underpin that transportation.”
“Kitty Hawk was started to advance technology in flight and bring new innovations to life,” said Sebastian Thrun, Cofounder and CEO of Kitty Hawk. “I am excited about our companies working together to accelerate making safe electric flight a reality.”
Boeing is a provider of commercial airplanes, defense, space and security systems, and global services. It employs more than 150,000 people worldwide.
Kitty Hawk Corp., headquartered in Mountain View, CA, builds electric transportation solutions. The company gets its name from the beaches of Kitty Hawk, N.C., where the Wright Brothers took flight for the first time in 1903. The company’s portfolio of vehicles includes Cora, a two-person air taxi, and Flyer, a vehicle for personalized flight.
The market for urban air mobility is projected to grow at a compound annual growth rate of 26% between 2023 and 2035 to reach almost $87 billion by 2035, according to research by BIS Research. Factors expected to play a role in the growth include the increasing use of unmanned aerial vehicles (UAVs) in commercial and civil applications and increasing demand for efficient transportation and mobility.