Vertical Closes Upsized $90 Million Share Sale

 Vertical recently completed a series of piloted, thrust-borne flight maneuvers.

Credit: Vertical Aerospace
Vertical Aerospace has announced the successful close of an upsized $90 million public share sale, extending the company’s financial runway well into 2026. The deal will net the UK startup $84 million after deducting fees related to the transaction. The amount is upsized from the originally...
Ben Goldstein

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

Subscription Required

 

Vertical Closes Upsized $90 Million Share Sale 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.