Vertical Aerospace starts VX4 untethered flights, unveils long-term strategy
Aerotime
NOVEMBER 12, 2024
The proposed investment and recapitalization will help to expand the company’s financial runway and bring it closer to the planned certification date for the VX4. Vertical Aerospace reported a cash position of £42.8 million ($57.4 million) as of September 30, 2024, and evaluated its capital needs for the next 12 months at around £78.4
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