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

VX4 complete-c-Vertical Aerospace

Source: Vertical Aerospace

Electric vertical take-off and landing (eVTOL) aircraft developer Vertical Aerospace has a secured a $50 million cash injection from founder, majority owner and chief executive Stephen Fitzpatrick, effectively funding the business until the second quarter of 2025.

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