taking flight

Houston Airports to explore launching electric, autonomous air taxis

The Houston Airport System announced a Memorandum of Understanding with Wisk Aero, a fully-owned subsidiary of Boeing. Photo via wisk.aero

A fleet of electric and autonomous air taxis is expected to take flight in Houston, thanks to a partnership between a California startup and the Houston Airport System.

HAS announced a Memorandum of Understanding with Wisk Aero, a fully-owned subsidiary of Boeing, which recently announced a similar partnership with the city of Sugar Land. For the next year, the company will identify vertiport infrastructure at Houston's three airports — George Bush Intercontinental Airport, William P. Hobby Airport, and Ellington Airport.

“During my time in the Texas senate, I voted for legislation supporting advanced air mobility. This public-private partnership marks a significant step forward for the City of Houston as we invest in innovative and sustainable modes of air transportation,” Houston Mayor John Whitmire says in a statement. “The collaboration underscores our commitment to pioneer advancements that will shape the future of urban mobility.”

Wisk will also develop Houston-area relationships and chart out flight paths for self-flying, electric vertical takeoff and landing (eVTOL) air taxis. The company's Generation 6 aircraft is autonomous, but a human supervisor remotely oversees every flight.

"Houston is at the forefront of aviation and aerospace innovation, so it’s only fitting that Houston Airports take the first steps to explore the next generation of air transportation,” says Jim Szczesniak, director of aviation for Houston Airports. “Our partnership with Wisk represents a bold step towards revolutionizing air mobility not just within our city, but across the entire Greater Houston region."

Earlier this year, Wisk partnered in a similar capacity with Sugar Land. The company and HAS will also work with the Federal Aviation Administration on this initiative.

“Our partnership with Houston Airports solidifies Wisk’s commitment to creating new and efficient ways to travel within the Greater Houston area and furthers our relationship with infrastructure and regulatory partners in the region," adds Brian Yutko, CEO at Wisk. “Connecting suburbs to Houston’s airports, business centers and prime tourist destinations through autonomous, sustainable air travel will create a new form of urban mobility and have tremendous economic and workforce impacts, supporting the growth of the Houston region.”

In addition to early infrastructure planning for maintenance and training facilities in Houston, the partnership means Houston Airports and Wisk will collaborate on integrating AAM into HAS's long-term plans.

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This article originally ran on InnovationMap.

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A View From HETI

Greentown Labs announced it's receiving a percentage of Prithvi Ventures' proceeds. Photo courtesy of Greentown Labs

Effective immediately, Greentown Labs, which has locations in Houston and Somerville, Massachusetts, is benefitting from funds raised by an investment group.

Greentown Labs, a nonprofit climatetech incubator, announced its partnership with New York-based Prithvi Ventures, a firm that specializes in early-stage climatetech. The unique partnership includes Prithvi Ventures donating "a percentage of proceeds received from its Fund 1 and Fund 2 to Greentown on a quarterly basis, in perpetuity," per Greentown's news release. The exact percentage was not disclosed.

“There’s an understanding in sports that the best teams always take responsibility and accountability for their own and look out for each other—that the members of the team are a reflection of the franchise,” says Kunal Sethi, founder and general partner at Prithvi Ventures. “I have always believed the same to be true in venture, too.

"Founders should know their supporters, team, and cap tables inside and out. It matters who you surround yourself with and Greentown Labs is always the first name that comes up for me," he continues. "Every founder in climatetech should work with them or they’re missing out on so much.”

Prithvi Ventures already has a handful Greentown member companies in its investment portfolio, including Carbon Upcycling, Mars Materials, Nth Cycle, and Rheom Materials. The firm has invested in 30 companies total, and aims to lead rounds, preferring to be the first large check for the startups it invests in.

“We are delighted to deepen our relationship with Prithvi Ventures and are grateful for their ongoing support,” Aisling Carlson, senior vice president of partnerships at Greentown Labs, says in the statement. “Through this new partnership, Prithvi Ventures and its limited partners are setting an example for how the venture community can more directly support the incubators and accelerators working to catalyze climatetech innovation and entrepreneurship.”

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