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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.
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
Saudi Digital Payments Reach 80% As Cash Use Shrinks
Visa data shows cards and mobile wallets dominate spending, with smartphones now driving a growing share of daily transactions.
Digital payments now account for 80% of all transactions in Saudi Arabia, according to Visa’s latest Where Cash Hides report, another marker of how quickly the Kingdom is moving away from cash.
The share is up four percentage points from a year ago. Around 67% of consumers are now largely non-cash users, paying mainly with cards or mobile wallets. Smartphones are taking a bigger role, with mobile payments making up 16% of transactions.

Cash is retreating in routine spending. Eating out dropped 9%. Bill payments fell 8%, as shoppers opt for faster checkouts and app-based payments.
“The data shows a steady move toward digital payments in Saudi Arabia. Such progress is possible only because banks, fintechs, merchants, and technology partners are moving together in the same direction, in line with the Kingdom’s Vision 2030,” said Ali Bailoun, Visa’s Senior Vice President and Group Country Manager for Saudi Arabia, Bahrain, and Oman.
Also Read: UAE Users Sleep Less, But More Efficiently, ŌURA Data Reveals
Despite the recent findings, it’s important to note that cash hasn’t yet disappeared. It still shows up for tips (39%), peer-to-peer transfers (28%) and rent (14%).
Visa points to security features such as tokenization, along with rewards and cashback, as factors nudging more spending onto cards and phones — a shift that tracks with Saudi Arabia’s wider Vision 2030 push to digitize commerce.
