The finance deal involves a new provisional funding agreement with a $130m (£102m) debt-to-equity swap with primary creditor ...

Travel startups have raised nearly $1 billion so far in November. That includes 17 that raised nearly $636 million in the ...

Canaccord raised the firm’s price target on Vertical Aerospace (EVTL) to $16 from $15 and keeps a Buy rating on the shares. The firm noted the company announced that it has reached an agreement with ...

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Vertical Aerospace, a global aerospace and technology company, signed a term sheet among the company, its majority ...

Vertical Aerospace’s (EVTL) agreement with Mudrick removes Vertical’s convert overhang, improves governance, and paves the way for up to $50M ...

Stuart Simpson, chief executive of Vertical Aerospace, says the firm is now well-placed to raise further investment following ...

Belfast entrepreneur Stephen Fitzpatrick’s share in the flying taxi company he founded has been significantly diluted after ...

The rescue deal comes at a crucial moment for Vertical, which has been burning through cash to bring its VX4 aircraft to ...

Vertical Aerospace, based in Bristol, is testing a so-called electric flying taxi which can carry four passengers up to 100 ...

Almost halfway into the decade in which air-taxi makers have promised investors the first commercial flights, the demise of Lilium shows how dwindling cash balances threaten to delay the sector's aim ...

Arbitrator David P. Mudrick ruled that the Kansas City Board of Public Utilities (BPU) violated a CBA when it improperly excluded three new positions that it deemed professional—GIS Analyst 1, GIS ...