What Happened
New Funding Supports Certification and Commercialization Efforts
Vertical Aerospace has secured an additional $100 million in funding commitments to support the development of its Valo eVTOL. The fresh funds will be used to advance the certification and commercialization process, including the upcoming Critical Design Review. The investment will also support the expansion of the company’s Energy Centre and the establishment of large-scale production facilities in the UK. According to AeroTime, the UK government may provide additional financial support for the production facilities.