EVTOL Startup Vertical To Go Public In $2.2B Deal With Broadstone SPAC

Graham Warwick June 10, 2021
Vertical eVTOL
Vertical’s five-seat lift-plus-push VA-X4 eVTOL air taxi is expected to fly this year.
Credit: Vertical Aerospace
With investments from American Airlines, Avolon, Honeywell and Rolls-Royce, plus commitments for up to 1,000 aircraft, electric air-taxi developer Vertical Aerospace has reached agreement with blank-check company Broadstone Acquisition to go public in a deal that values the UK startup at $2.2...
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.

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