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Air taxi startup Vertical Aerospace extends runway with $50mn lifeline
Home » Science & Technology » Air taxi startup Vertical Aerospace extends runway with $50mn lifeline

Air taxi startup Vertical Aerospace extends runway with $50mn lifeline

Sion Geschwindt 27/11/2024 02:20

Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup.  The UK-based company — which makes electric vertical take-off and landing (eVTOL) aircraft — secured the fresh funds from its largest creditor, American debt investor Mudrick Capital. The agreement…

The Next Web
Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup.  The UK-based company — which makes electric vertical take-off and landing (eVTOL) aircraft — secured the fresh funds from its largest creditor, American debt investor Mudrick Capital. The agreement…
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