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 ...

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 miles (161km). The firm had been struggling financially, but has secured a ...

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

Vertical Aerospace (EVTL) announced the signing of a term sheet among the company, its majority shareholder Stephen Fitzpatrick, and its ...

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