Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup. The UK-based company — which makes electric vertical take-off and ...

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the air-taxi maker said. Mudrick will commit $25 million in upfront funding for Vertical's next equity round and an additional $25 million backstop, which can be reduced by amounts raised from ...

Mudrick will commit USD 25 million in upfront funding for Vertical's next equity round and an additional USD 25 million backstop, which can be reduced by amounts raised from third parties.

Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital Management, giving it financial breathing room to test and certify its ...

Germany has offered to re-deploy Patriot air defence systems to NATO ally Poland at the start of the new year, the German defence ministry said on Thursday. The units could be deployed for up to ...

(Reuters) -UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under which the investor will convert half of its outstanding convertible debt to equity and extend the ...

The Wirecutter Deals team has spent hours (nay, days) finding the best Cyber Monday vacuum deals on Wirecutter picks to keep ...