Vertical Aerospace Raises $100 Million for Valo eVTOL

Vertical Aerospace raises $100 million for Valo eVTOL

Vertical Aerospace announced on August 10, 2026, that it has secured an additional US$100 million in funding commitments from both existing and new investors.  The fresh funds will be deployed to support the firm’s next steps in the path to certification and commercialization of the Valo eVTOL, including the upcoming Critical Design Review (CDR).  Other aspects of the eVTOL program that will be funded by the latest funding round include the expa…

Flying taxi-maker Vertical Aerospace to land fresh $100m capital injection

A flying taxi maker which has pledged to create 1,000 new jobs in Britain is in the process of raising another $100m to accelerate its ambition of delivering mass commercial electric aviation.

Flying-taxi maker Vertical Aerospaces secures £74m

Bristol-based Vertical Aerospace has secured $100m (£74m) to support continued progress toward the certification and commercialisation of its Valo aircraft platform. Vertical Aerospace is a global aerospace and technology company building electric aviation to create a safer, cleaner and quieter way to travel. Valo is its piloted, four-passenger Electric Vertical Take-Off and Landing (eVTOL) aircraft […] The post Flying-taxi maker Vertical Aerosp…

Vertical Aerospace lines up a further USD100m in financing

eVTOL developer Vertical Aerospace has announced that it has secured anther USD100m in additional funding.  The bulk of which will come from $40 million from Mudrick Capital Management, L.P. (“Mudrick Capital”) Vauled at USD40 million it is a combination of a recently closed $5 million draw plus a $35 million accelerated draw planned each under the Company’s existing $50 million convertible note facility.  Another USD35m from investment by a gro…

Vertical Aerospace announces new financial commitments from investors

Vertical Aerospace today announced financing commitments of approximately USD100 million from existing and new investors to support continued progress toward the certification and commercialisation of its Valo aircraft platform. According to the company there are three components to the financing arrangements. USD 40 million will come from Mudrick Capital Management through the combination of a recently closed USD5 million draw plus a USD35 million accelerated draw planned by August 12, 2026, each under the Company’s existing USD50 million convertible note facility, “reflecting the continued commitment of Vertical’s largest shareholder”. There is a USD 35 million equity investment from a group of existing and new investors in an underwritten offering of units, each comprising one ordinary share and one warrant, at a price of USD1.05 per unit. The offering priced today and is expected to close on or about August 11, 2026. And there is a USD25 million issuance from the Company’s preferred equity facility with Yorkville Advisors Global, L.P., which will settle today. According to the company, the additional capital is intended to provide greater financial resilience and support continued progress towards several important programme priorities, including: Critical Design Review, which establishes the certifiable design baseline for its aircraft and enables the build and test of certification-conforming aircraft. The opening of Vertical’s expanded Energy Centre to triple battery production capacity. Development of future production capabilities, including the planned establishment of production facilities in the UK. The retrofit of the Company’s third prototype aircraft for hybrid-electric flight testing in the first half of 2027 For more information Archer Aviation – Archer to Shape Physical AI Future of Aerospace and Defense with Acquisition of Boeing’s Wisk Aero, Insitu and SkyGrid Subsidiaries; Boeing to Invest in Archer and Collaborate (Image: Vertical Aersospace)