Vertical Aerospace Faces Investor Showdown Amid Cash Shortfall

Vertical full-scale VX4 demonstrator

Vertical performed untethered hover flights with its second full-scale VX4 demonstrator.

Credit: Vertical Aerospace
UK air taxi startup Vertical Aerospace has unveiled a new strategic plan that spells out an ambitious set of goals related to production, technology development and company finances. But achieving those goals will be a tall order for the cash-strapped company, which is set to run out of money by the...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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