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Vertical Aerospace secures financing package of up to $850m to fund certification and production

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Vertical Aerospace secures financing package of up to $850m to fund certification and production

Vertical Aerospace has agreed a comprehensive financing package of up to $850m, combining equity, debt and credit facilities to fund the development, certification and initial production of its electric aircraft. The UK-based company said it has already raised $50m in common equity and expects a fu...

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