Vertical Aerospace Soars: $50 Million Funding Boost And Debt Conversion Propel eVTOL Maker Forward
Vertical Aerospace Ltd. (NYSE:EVTL) shares are trading higher premarket on Monday. The company disclosed a signed term sheet ...
Flightglobal7d
Vertical Aerospace provisionally secures new funding with debt conversion and capital injection
Vertical Aerospace has unveiled a new provisional funding agreement involving a $130 million debt-to-equity swap and the ...
The Next Web6d
Air taxi startup Vertical Aerospace extends runway with $50mn lifeline
The rescue deal comes at a crucial moment for Vertical, which has been burning through cash to bring its VX4 aircraft to ...
Air-taxi maker Vertical signs tentative funding deal with investor, extends cash runway
UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...
Monitordaily5d
Vertical Aerospace Secures $50MM in New Funding as Part of $180MM Transaction
Vertical Aerospace, a global aerospace and technology company, signed a term sheet among the company, its majority ...
Flightglobal20d
Vertical pushes back VX4 until 2028 but promises first upgrade in 2030
Vertical Aerospace has delayed certification and service entry for its VX4 electric air taxi by another two years, even as it ...
Aviation Week6d
Vertical Secures $50 Million eVTOL Funding Lifeline
UK electric air taxi startup Vertical Aerospace has secured a $50 million investment lifeline in a deal that will reduce its ...
CompositesWorld11d
Vertical Aerospace completes Phase 2 piloted flight testing
VX4 eVTOL aircraft prototype begins untethered, piloted, thrust-borne testing following expansion of permit to fly from the ...
Air Taxi Maker Vertical Secures Bailout From Mudrick Capital
Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital ...
Vertical Aerospace announces $50M in new funding
Vertical Aerospace (EVTL) announced the signing of a term sheet among the company, its majority shareholder Stephen Fitzpatrick, and its ...
Vertical Aerospace rises 14.0%
Vertical Aerospace (EVTL) is up 14.0%, or $1.07 to $8.72.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks ...
SDxCentral7d
Vertical Aerospace Secures $50 Million Funding to Strengthen Balance Sheet
Vertical Aerospace secures agreement under which Mudrick Capital will commit up to $50 million in the next equity round, promoting financial stability. Transaction is expected to add approximately ...