Vertical Aerospace Founder Supports Company With $50M Investment

Vertical Aerospace is targeting type certification of its VX4 air taxi in late 2026.

Credit: Vertical Aerospace
Vertical Aerospace has announced that its founder and CEO Stephen Fitzpatrick will invest a further $50 million in equity capital, providing a badly needed lifeline for a company that has seen its share price plummet in recent weeks amid ongoing concerns about its financial runway. Vertical said...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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