UK eVTOL Startup Vertical Outlines Aggressive Targets Under SPAC Deal

Graham Warwick June 18, 2021
eVTOL flying over city
SPAC transaction modest by standards of eVTOL deals UK startup touts fast, capital-light route to market
Credit: Vertical Aerospace
In the first months of 2021, investors have committed to pouring more than $4.5 billion into the advanced air mobility industry, with the goal of launching commercial aerial ride-sharing services by 2024. The latest to attract backing is UK startup Vertical Aerospace, which plans to go public...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

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