Daily Memo: Vertical Aerospace CEO Doubles Down, But Will It Be Enough?

Vertical Aerospace VX4 eVTOL aircraft

Vertical Aerospace’s VX4 is targeting entry into service in late 2026.

Credit: Vertical Aerospace
Vertical Aerospace founder and CEO Stephen Fitzpatrick took action this week to reassure markets about the viability of his company, committing up to $50 million in additional equity capital, intended to fund the startup’s activities through the second quarter of 2025. But will it be enough to...
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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Daily Memo: Vertical Aerospace CEO Doubles Down, But Will It Be Enough? is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.

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