Monday, August 10, 2026
Vertical Aerospace lines up about $100 million in new financing
Vertical Aerospace announced roughly $100 million in financing commitments on August 10 to fund certification of its Valo aircraft and triple battery production capacity at its UK Energy Centre. The package combines a $40 million draw from top shareholder Mudrick Capital, a $35 million underwritten equity offering priced at $1.05 per unit, and $25 million from its Yorkville Advisors preferred-equity facility.