Vertical CEO Spells Out Fundraising Plans Following Mudrick Deal

Vertical Aerospace expects to type certify its four-passenger VX4 air taxi in 2028.

Credit: Vertical Aerospace
For the better part of two years now, Vertical Aerospace has grappled with a chronic funding shortfall that plummeted its stock price as investors fretted over the company’s narrow cash runway. Vertical’s near-term funding concerns were resolved on Nov. 25, when existing shareholder and self...
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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