Vertical says it currently has enough cash on hand to fund its activities through the second quarter of 2025.
Credit: Vertical Aerospace
Vertical Aerospace’s largest creditor is offering a proposal to help fund up to $75 million for the cash-strapped startup. A self-described investor in distressed companies, Mudrick Capital is the largest creditor of UK-based Vertical. It has previously injected $192 million into Vertical in late...
Subscription Required
Vertical Aerospace Creditor Proposes Deal To Raise Up To $75 Million is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.
Already a member of AWIN or subscribe to Advanced Air Mobility through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
