Vertical Aerospace Secures $850M Conditional Financing Package

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Vertical is targeting certification of its Valo eVTOL aircraft in 2028.

Credit: Vertical Aerospace
Vertical Aerospace has secured a conditional financing package worth up to $850 million, providing the U.K.-based eVTOL developer with a potential lifeline as it works toward certification of its Valo aircraft. The company said it has raised $50 million in new equity and expects to receive an...
Ben Goldstein

Based in Rhode Island, Ben covers advanced air mobility and is a contributor to Aviation Week’s Business Aviation & AAM Report.

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