Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical" or the "Company"), a global aerospace and technology company that is pioneering electric aviation, today announces the closing of its previously announced underwritten public offering (the "Offering") for total gross proceeds of $90 million,

Vertical Aerospace has closed a deal under which it raised $90 million in proceeds, generating cash needed to help fund continued development of its VX4 electric air taxi.

Vertical Aerospace Ltd. faces financial challenges with limited capital and a delayed certification timeline, making it less competitive. Click for my EVTL update.

LONDON - Vertical Aerospace (NYSE: EVTL), a leader in electric aviation technology, has successfully closed its underwritten public offering, raising $90 million in gross proceeds. The company, currently valued at $406 million by market capitalization,