Vertical Needs To Raise eVTOL Funds Within A Year

Vertical’s production VX4 is expected to closely resemble the full-scale technology demonstrator.

Credit: Vertical Aerospace
UK startup Vertical Aerospace plans to seek additional investment this year to continue development of its VX4 electric-vertical-takeoff-and-landing (eVTOL) air taxi. The Bristol, England-based company ended 2022 with £122.8 million ($151 million) in cash and expects to spend £90 million over the...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

Subscription Required

 

Vertical Needs To Raise eVTOL Funds Within A Year 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.