{
Vertical Aerospace Ltd.

Companies

}
001122334455554433221100
001122334455554433221100

deutsche bank lowers vertical aerospace price target while maintaining buy rating

Deutsche Bank has revised its price target for Vertical Aerospace Ltd. to $9 from $13 while maintaining a Buy rating. The UK-based company is focused on electric aviation, developing the VX4 eVTOL aircraft, which aims to transport a pilot and four passengers over distances of up to 100 miles at speeds of 150 mph. Vertical Aerospace targets a diverse customer base in the advanced air mobility market, offering both OEM sales and aftermarket services.
MarketScreener
Deutsche Bank RV Global PP Vertical Aerospace Ltd. GBR
Business & Industry, Market Report
12:23 17.03.2025

vertical aerospace secures 50 million funding from mudrick capital

Vertical Aerospace Ltd., a flying taxi startup, has secured up to $50 million in funding from Mudrick Capital Management. This includes $25 million in upfront funding and a commitment for an additional $25 million, contingent on third-party investments. Additionally, $130 million in convertible notes will be converted into equity at $2.75 per share.
bloomberg.com
Vertical Aerospace Ltd. GBR
Finance & Economy, Press Release
11:30 25.11.2024

evtol industry faces collapse as hype fades and failures mount

The EVTOL industry faces significant challenges, with many companies, including Lilium and Kitty Hawk, declaring insolvency or ceasing operations due to a lack of commercial viability and funding. Despite initial hype and investment, the sector is plagued by failures, leaving only a few firms, like eHang, with minimal success. As major players like Rolls-Royce exit the market, the future of urban air mobility appears increasingly bleak.
CleanTechnica
Boeing Embraer S.A. eHang Vertical Aerospace Ltd. Rolls-Royce Holdings plc Joe Biden Larry Page Show more
Finance & Economy, Blog Post
20:52 22.11.2024
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