Vertical Aerospace Assembles Comprehensive Financing Package of up to $850 million

BRISTOL, England & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace [NYSE: EVTL] ("Vertical" or "the Company"), a global aerospace and technology company that is pioneering electric aviation, today announced the signing of an agreement in principle as part of a financing package totaling up to $850 million. The new comprehensive financing package provides Vertical with access to a capitalized runway to build upon the Company's significant operational progress and support achievement of its strateg.
Open original source