Vertical Aerospace secures agreement‑in‑principle for up to $850M to accelerate Valo eVTOL
Vertical Aerospace has signed an agreement‑in‑principle for a financing package of up to $850 million to accelerate certification and commercialisation of its piloted Valo eVTOL. The company also reported a further $50 million tranche and saw US‑listed shares rise about 4% on the news.