M&A Deal Summary

Wisk Aero Acquires Verocel

On June 25, 2024, Wisk Aero acquired software company Verocel

Acquisition Highlights
  • This is Wisk Aero’s 1st transaction in the Software sector.
  • This is Wisk Aero’s 1st transaction in the United States.
  • This is Wisk Aero’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2024-06-25
Target Verocel
Sector Software
Buyer(s) Wisk Aero
Deal Type Add-on Acquisition

Target

Verocel

Westford, Massachusetts, United States
Verocel is a software verification and validation (V&V) company that provides a baseline for software certification requirements definition, tracking, and FAA submittals. Verocel was founded in 1999 and is based in Westford, Massachusetts.

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Buyer(S) 1

Buyer

Wisk Aero

Mountain View, California, United States
Category Company
Founded 2019
Sector Aerospace
DESCRIPTION

Wisk Aero is an Advanced Air Mobility (AAM) company dedicated to delivering safe, every day flights for everyone. Wisk’s self-flying, eVTOL (electric vertical takeoff and landing) air taxi will make it possible for passengers to skip the traffic and get to their destination faster. Wisk Aero was founded in 2019 and is based in Mountain View, California.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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