Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital ...

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

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 ...

UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...

Vertical has been testing its VX4 vehicle, which will have a range of up to 100 miles, a cruise speed of 150mph and capacity for four passengers. Simpson said the company was committed to bringing its ...

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

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

Mudrick Capital converts debt to equity, extends repayment for UK eVTOL firm, Vertical Aerospace. Shares rise on news of ...

Bristol-based Vertical Aerospace has secured an emergency cash injection from US investor Mudrick Capital that will allow it ...

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