Vertical Aerospace has been testing its VX4 prototype in piloted cruise mode.
Credit: Vertical Aerospace
Vertical Aerospace announced the successful closing of a $60 million equity raise, extending its cash runway through the middle of 2026. The offering saw Vertical sell 12 million ordinary shares at $5 per share, generating $60 million in gross proceeds before deducting discounts and commissions for...
Subscription Required
Vertical Aerospace Extends Cash Runway With $60M Equity Raise 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
