Monitordaily1d
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 ...
Air-Taxi Maker Vertical Signs Tentative Funding Deal With Investor, Extends Cash Runway
(Reuters) -UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under which the investor will ...
Flightglobal1d
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 Web2d
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 ...
AeroTime2d
Vertical Aerospace secures $50 million in new funding bolstering its finances
Vertical Aerospace has secured $50 million in new funding bolstering its finances and helping it towards certification of its ...
Aviation Week2d
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 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 ...