Vertical founder Fitzpatrick's second $25m payment 'remains outstanding' but talks continue

First tethered flight new VX4 nose-c-Vertical Aerospace

Source: Vertical Aerospace

Vertical Aerospace founder Stephen Fitzpatrick has missed a deadline to make a second $25 million investment in the company, although the electric vertical take-off and landing (eVTOL) developer insists he remains committed to the business, with talks between the two parties ongoing.

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