VERTICAL AEROSPACE

Stephen Costley November 26, 2024

VERTICAL AEROSPACE secured $50m in new funding from MUDRICK CAPITAL as part of $180m transaction, including conversion of $130m of debt into equity, to strengthen its financial position and advance Flightpath 2030 Strategy.

Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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