Stuart Simpson, chief executive of Vertical Aerospace, says the firm is now well-placed to raise further investment following ...

Vertical Aerospace, a global aerospace and technology company, signed a term sheet among the company, its majority ...

(Reuters) -UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under which the investor will ...

Vertical Aerospace, based in Bristol, is testing a so-called electric flying taxi which can carry four passengers up to 100 ...

The rescue deal comes at a crucial moment for Vertical, which has been burning through cash to bring its VX4 aircraft to ...

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 ...

Bristol-based Vertical Aerospace has secured an emergency cash injection from US investor Mudrick Capital that will allow it to survive until the end of next year. The deal will see Fitzpatrick ...

The firm had been struggling financially, but has secured a $50m (£39m) investment from the US investor, Mudrick Capital. Stuart Simpson, chief executive of Vertical, called it a "really exciting ...

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Mudrick will commit USD 25 million in upfront ... "By addressing our more immediate capital needs and positioning us well to secure funding for the long-term, we can focus on advancing our piloted ...