Vertical Aerospace Secures Crucial Bailout from Mudrick Capital to Propel Air Taxi Ambitions
27 days ago
In a significant development for the electric air taxi industry, Vertical Aerospace, a pioneering company in the vertical take-off and landing (eVTOL) aircraft segment, has successfully secured a much-needed financial lifeline from Mudrick Capital Management. The infusion of capital comes at a critical juncture for Vertical, which has been grappling with funding challenges amid a highly competitive and rapidly evolving market.
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