Vertical Closes Upsized $90 Million Share Sale

 Vertical recently completed a series of piloted, thrust-borne flight maneuvers.

Credit: Vertical Aerospace
Vertical Aerospace has announced the successful close of an upsized $90 million public share sale, extending the company’s financial runway well into 2026. The deal will net the UK startup $84 million after deducting fees related to the transaction. The amount is upsized from the originally...
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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