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Vertical Aerospace Secures $100 Million to Advance eVTOL Certification - eVTOL Insights
Vertical Aerospace has secured financing commitments of approximately $100 million from existing and new investors as it moves into the next phase of its certification and commercialisation programme for its Valo eVTOL aircraft. The financing comprises $40 million from Mudrick Capital Management through Vertical’s existing convertible note facility, a $35 million equity investment from existing
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