Monitordaily3d
Vertical Aerospace Secures $50MM in New Funding as Part of $180MM Transaction
Vertical Aerospace, a global aerospace and technology company, signed a term sheet among the company, its majority ...
Flightglobal4d
Vertical chief eyes future investment after ‘tough but friendly’ talks unlock balance sheet
Stuart Simpson, chief executive of Vertical Aerospace, says the firm is now well-placed to raise further investment following ...
The Next Web4d
Air taxi startup Vertical Aerospace extends runway with $50mn lifeline
The rescue deal comes at a crucial moment for Vertical, which has been burning through cash to bring its VX4 aircraft to ...
Aviation Week5d
Vertical Secures $50 Million eVTOL Funding Lifeline
UK electric air taxi startup Vertical Aerospace has secured a $50 million investment lifeline in a deal that will reduce its ...
Air-taxi maker Vertical signs tentative funding deal with investor, extends cash runway
UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...
Air taxi firm Vertical says Mudrick to convert some notes to equity, extend repayment deadline
Mudrick Capital converts debt to equity, extends repayment for UK eVTOL firm, Vertical Aerospace. Shares rise on news of ...