What Happened
Electric VTOL Developer Seeks Partnerships for Certification and Commercialization
Vertical Aerospace is launching a review to explore financing options for its next phase of growth, as the company transitions from development to certification, industrialization, and commercial service entry. Following a significant year, which included completing a piloted transition flight and showcasing transition demonstrations at the Farnborough International Airshow, Vertical has retained Jefferies as its financial advisor. The company remains on track to complete its Critical Design Review by year-end 2026 and has secured approximately $100 million in new financing. This development was first reported by AeroTime.