Vertical Aerospace Soars: $50 Million Funding Boost And Debt Conversion Propel eVTOL Maker Forward
Vertical Aerospace Ltd. (NYSE:EVTL) shares are trading higher premarket on Monday. The company disclosed a signed term sheet ...
Flightglobal5d
Vertical Aerospace provisionally secures new funding with debt conversion and capital injection
Vertical Aerospace has unveiled a new provisional funding agreement involving a $130 million debt-to-equity swap and the ...
Monitordaily3d
Vertical Aerospace Secures $50MM in New Funding as Part of $180MM Transaction
Vertical Aerospace, a global aerospace and technology company, signed a term sheet among the company, its majority ...
The Next Web4d
Air taxi startup Vertical Aerospace extends runway with $50mn lifeline
The rescue deal comes at a crucial moment for Vertical, which has been burning through cash to bring its VX4 aircraft to ...
Air-taxi maker Vertical signs tentative funding deal with investor, extends cash runway
UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...
Flightglobal4d
Vertical chief eyes future investment after ‘tough but friendly’ talks unlock balance sheet
Stuart Simpson, chief executive of Vertical Aerospace, says the firm is now well-placed to raise further investment following ...
Vertical Aerospace rises 14.0%
Vertical Aerospace (EVTL) is up 14.0%, or $1.07 to $8.72.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks ...
Vertical Aerospace price target raised to $16 from $15 at Canaccord
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 ...
Vertical Aerospace announces $50M in new funding
Vertical Aerospace (EVTL) announced the signing of a term sheet among the company, its majority shareholder Stephen Fitzpatrick, and its ...
Aviation Week5d
Vertical Secures $50 Million eVTOL Funding Lifeline
UK electric air taxi startup Vertical Aerospace has secured a $50 million investment lifeline in a deal that will reduce its ...
UK air taxi company Vertical Aerospace wins $50mn lifeline from creditor
Vertical has been testing its VX4 vehicle, which will have a range of up to 100 miles, a cruise speed of 150mph and capacity for four passengers. Simpson said the company was committed to bringing its ...
kalkinemedia5d
Vertical Aerospace Strengthens Strategy with $50 Million in New Funding, $180 Million Deal
Highlights:,Vertical Aerospace secures a $50 million funding commitment to support its Flightpath 2030 Strategy.,Funding ...