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Vertical Aerospace Founder Backs Company with Additional $50M Investment Commitment

Founder and CEO Stephen Fitzpatrick commits to invest $50 million equity capital into Vertical Aerospace Initial tranche of $25 million at $10 per share; second tranche of $25 million at a price.

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Electric Aviation Company Vertical Aerospace Bags $50M Funding: What s Going On? Electric Aviation Company Vertical Aerospace (EVTL) Bags $50M Funding: What s…

Vertical Aerospace Ltd EVTL disclosed securing committed funding worth $50 million from its founder, majority owner, and CEO, Stephen Fitzpatrick. As per the…

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Electric Aviation Company Vertical Aerospace Bags $50M Funding: What s Going On? Electric Aviation Company Vertical Aerospace (EVTL) Bags $50M Funding: What s Going On? - Vertical Aerospace (NYSE:EVTL)

Vertical Aerospace secures a significant $50 million funding boost from CEO Stephen Fitzpatrick, reinforcing its financial position and extending cash runway into Q2 2025. The investment, marked by pre-orders for 1500 VX4 aircraft and regulatory approvals, positions Vertical as a key player in Advanced Air Mobility. Chairman Mike Flewitt applauds Fitzpatrick's commitment, foreseeing transformative developments in the U.K.-developed electric aircraft.

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Vertical Aerospace founder Fitzpatrick to inject $50m into eVTOL firm

Vertical Aerospace founder Fitzpatrick to inject $50m into eVTOL firm
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Vertical Aerospace founder backs company with additional $50M investment commitment

The investment provides the platform for further funding rounds and extends Vertical Aerospace’s projected cash runway into Q2 2025.

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