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 ...
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 ...