Bristol’s electric ‘air taxi’ developer Vertical Aerospace secures €86.6 million in financing commitments

Vertical Aerospace, a Bristol-based aerospace tech company that builds all-electric, vertical take-off and landing aircraft (eVTOLs), has announced about €86.6 million ($100 million) in financing commitments from existing and new investors The financing is intended to support progress toward certification and commercialisation of Valo, its piloted, four-passenger eVTOL aircraft. “Following the momentum generated by our […] The post Bristol’s electric ‘air taxi’ developer Vertical Aerospace secures €86.6 million in financing commitments appeared first on EU-Startups .