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Vertical Enters Into Investment Agreement With Founder and CEO, Stephen Fitzpatrick Committing to Provide up to $50 Million of Funding

Vertical Aerospace [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, entered into an investment agreement with its founder, majority shareholder and.

United kingdomCity ofUnited statesStephen fitzpatrickVirgin atlanticExchange commissionGozen holdingAir greenlandDesign organisation approvalJapan airlinesAmerican airlinesHoneywell aerospaceUnited kingdom civil aviation authorityVertical aerospaceChief executive officerUnited house

Vertical Aerospace: Vertical Enters Into Investment Agreement With Founder and CEO, Stephen Fitzpatrick Committing to Provide up to $50 Million of Funding

Vertical Aerospace: Vertical Enters Into Investment Agreement With Founder and CEO, Stephen Fitzpatrick Committing to Provide up to $50 Million of Funding
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United statesUnited kingdomCity ofVirgin atlanticEduardo royesStephen fitzpatrickLyle hillDesign organisation approvalUnited kingdom civil aviation authorityHoneywell aerospaceAmerican airlinesAir greenlandExchange commissionGozen holdingJapan airlinesVertical aerospace

Government Grants Vertical Aerospace Further £8m for Electric Flying Taxi Development

Vertical Aerospace, a pioneer in electric flying taxi technology in Britain, has received an additional £8 million grant from the government, bringing its total taxpayer backing to £37 million.

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Vertical Wins New UK Government Backing to Transform the Future of Flight

Vertical Wins New UK Government Backing to Transform the Future of Flight
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United kingdomUnited statesCity ofMark scullyVirgin atlanticEduardo royesLyle hillStephen fitzpatrickAir greenlandDepartment for businessAerospace technology instituteExchange commissionGozen holdingAmerican airlinesUniversity of glasgowHead of technology

Electric flying taxi company gets another £8m from government

Vertical Aerospace’s total taxpayer backing rises to £37m but investors largely remain sceptical

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