Friday, 18 April 2025

Focus on Vertical Aerospace

FILE PHOTO: A VX4 vertical aerospace aircraft is on display at the Farnborough International Airshow, in Farnborough, Britain, July 19, 2022. REUTERS/Matthew Childs/File Photo
AviationBusinessElectric Vehicles (EVs)NewsTransport

Air-taxi maker Vertical signs tentative funding deal with investor, extends cash runway

Mudrick Capital to convert half of Vertical Aerospace’s debt to equity, providing $50M in funding and financial relief.

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