Vertical at this year's Farnborough International Airshow

Vertical Aerospace secures US$100m financing

Vertical Aerospace (Vertical) has secured financing commitments of approximately US$100 million from existing and new investors to support continued progress towards the certification and commercialisation of its Valo aircraft platform. The financing comprises three components, including US$40 million from Mudrick Capital Management through a recently completed US$5 million draw and an accelerated US$35 million draw […]

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