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Vertical Aerospace secures funding to advance electric aviation strategy

Aerospace and technology company Vertical Aerospace has finalised an investment agreement with Mudrick Capital that secures up to $50m in new funding. This move is set to bolster the company's financial health and accelerate its "Flightpath 2030" strategy.

Business Insider · 4d

Vertical Aerospace finalises investment agreement for up to $50M in new funding

Vertical Aerospace (EVTL) has entered into definitive documents and received shareholder approval for a transaction that includes up to $50

MarketWatch · 4d

Vertical Aerospace Shares Rise 11% After Investment Agreement

After the bell, shares of Vertical Aerospace were trading 11% higher, at $8.25. The stock ended Monday's regular session with a loss of just under 6%, closing at $7.42. Year to date, the stock is up about 7.8%.

Monitordaily · 1d

Vertical Aerospace Finalizes Investment Agreement

Vertical Aerospace, a global aerospace and technology company, entered into definitive documents and received shareholder approval for a transaction that includes up to $50 million in new committed funding.

Flightglobal4d

Vertical’s funding worries ease with shareholder approval for Mudrick deal

UK-based Vertical Aerospace and its largest debt holder Mudrick Capital have entered into a definitive agreement over the ...

Amid Funding Milestones, Analyst Bets On Vertical Aerospace's Strong Engineering And Design Team

Canaccord Genuity analyst maintains Buy rating at Vertical Aerospace with $16 PT. Recent $50M funding commitment expected to ...

Business Wire4d

Vertical Aerospace Finalises Investment Agreement

Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is ...

Aviation Week7d

Vertical Signs Funding Deal With Mudrick Capital

Vertical Aerospace has signed an agreement with existing shareholder and self-described distressed asset investor Mudrick Capital to provide up to $50 million in capital to the cash-strapped startup.

Joplin Globe8d

Vertical Aerospace Releases Third Quarter 2024 Financial Results

statements regarding the consummation of the agreement in principle with Mudrick Capital, including the entry into ...

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