Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital ...

Stuart Simpson, chief executive of Vertical Aerospace, says the firm is now well-placed to raise further investment following ...

Vertical Aerospace, a global aerospace and technology company, signed a term sheet among the company, its majority ...

Vertical Aerospace has unveiled a new provisional funding agreement involving a $130 million debt-to-equity swap and the ...

UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...

Vertical Aerospace Ltd. (NYSE:EVTL) shares are trading higher premarket on Monday. The company disclosed a signed term sheet ...

Vertical Aerospace, based in Bristol, is testing a so-called electric flying taxi which can carry four passengers up to 100 ...

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 ...

Bristol-based Vertical Aerospace has secured an emergency cash injection from US investor Mudrick Capital that will allow it ...

Mudrick Capital converts debt to equity, extends repayment for UK eVTOL firm, Vertical Aerospace. Shares rise on news of ...

The rescue deal comes at a crucial moment for Vertical, which has been burning through cash to bring its VX4 aircraft to ...