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...
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