Vertical Aerospace Ltd. (NYSE:EVTL) shares are trading higher premarket on Monday. The company disclosed a signed term sheet ...

China's low-altitude sector has seen numerous start-ups intensify efforts to explore international markets, as AutoFlight, a ...

UK electric air taxi startup Vertical Aerospace has secured a $50 million investment lifeline in a deal that will reduce its ...

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

The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...

Vertical Aerospace: "By addressing our more immediate capital needs and positioning us well to secure funding for the ...

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

Vertical Aerospace has unveiled a new provisional funding agreement involving a $130 million debt-to-equity swap and the ...

Advt Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly USD 13 billion since 2019, but the pace of annual investments has fallen ...

Advancements in technology are creating new industries worth billions of dollars. Society is on the precipice of electric ...