Vertical Aerospace signs agreement‑in‑principle for up to $850M, raises additional $50M for Valo eVTOL
Vertical Aerospace said it signed an agreement‑in‑principle for a financing package of up to $850 million and raised an additional $50 million to support certification and commercialization of its piloted Valo eVTOL. U.S.-listed shares rose more than 4% on the announcement.
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