AAM Sector Secures More Than $5b In Funding In 2021

December 17, 2021
Vertical Aerospace’s merger with Broadstone Acquisition was one of four eVTOL SPAC deals to close in 2021.
Credit: Vertical Aerospace
Completion of Vertical Aerospace’s going-public merger with blank-check company Broadstone Acquisition on Dec. 16 took the total announced funding raised in 2021 by the nascent advanced air mobility (AAM) industry to more than $5 billion. Startups such as Vertical, developing electric vertical...

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