Vertical Aerospace Provides First Quarter Update, Achieves Key Execution Milestones and Advances Toward Certification
Vertical Aerospace achieved a critical technical milestone by completing the first two-way piloted transition of an eVTOL aircraft under UK CAA oversight, validating its core architecture. The company secured a financing package of up to $850 million, providing over 12 months of runway as it progresses toward certification and Critical Design Review.
Key figures
- Deal Value Usd
- 850000000
- Cash balance
- 96000000
- Runway months
- 12
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