News

Wisk Aero Unveils Four-Seat Autonomous Air Taxi

The Boeing-backed startup hopes that with FAA certification, it will soon be able to launch a viable air taxi service.

Published

2 years ago

October 5, 2022

Nour Nasir

Wisk Aero

Wisk Aero may not yet be a household name, but the company has been around since 2019, and has just unveiled its 6th generation aircraft — a small electric 4-seat machine that can fly without any form of human intervention.

The company was originally a joint venture involving Boeing, and the now defunct flying taxi startup Kitty Hawk, initially funded by Google co-founder Larry Page. The Wisk plane is currently seeking FAA approval for passenger testing and will be the first ever electric vertical takeoff and landing (eVTOL) plane to receive certification.

Wisk’s latest design is unusual, featuring 6 five-bladed front rotors that can be tilted horizontally or vertically and the same arrangement at the rear (albeit two-bladed and fixed vertically). The plane has a cruising speed of 120 knots, combined with a 90-mile (140KM) range, and flies at a low altitude of 2.5 to 4 thousand feet.

So what does the future hold for Wisk’s autonomous air taxi? Eventually, the company hopes that clients will be able to hail the aircraft via a bespoke app, in a similar manner to an Uber. The plane will take off and land vertically, making it perfect for city applications, where it could easily launch and land from the rooftops of high-rise buildings.

Also Read: Airbus Has Revealed Its CityAirbus NextGen Flying Taxi

Weight remains a big issue for electric aircraft, due to the hefty mass of the batteries that need to be carried. Aviation fuel has a far better power-to-weight ratio than even the most modern lithium-ion batteries, so it remains tricky to make aircraft like Wisk’s viable. Wisk Aero has made encouraging progress so far and maintains the ambitious goal of carrying out 14 million taxi journeys in 20 global markets over the next five years.

News

Yabi Introduces AI Financial Coach For Smarter Money Moves

The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.

Published

11 hours ago

February 22, 2025

Nour Nasir

Yabi

Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.

Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.

Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.

Here are some of the updated app’s new features:

AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.

Also Read: A Guide To Digital Payment Methods In The Middle East

Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.

Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.