The rescue deal comes at a crucial moment for Vertical, which has been burning through cash to bring its VX4 aircraft to ...

The finance deal involves a new provisional funding agreement with a $130m (£102m) debt-to-equity swap with primary creditor Mudrick Capital. New York-based Mudrick will also provide up to $50m, half ...

Vertical Aerospace, based in Bristol, is testing a so-called electric flying taxi which can carry four passengers up to 100 ...

The Next Generation Intra-theater Airlift programme aims to enhance the air force's existing airlift capability with a ...

Step into the future of aviation! AI is no longer just a tool—it's designing the next generation of aircraft. From hypersonic ...

The Heart X1 experimental electric aircraft developed in Sweden is gearing up to conduct its first flight at Plattsburgh ...

With Commercial Certification Expected by 2025, eVTOLs Promise to Revolutionize Transportation with Zero Emissions and Quieter Operations ...

A company developing a new electric aircraft has announced a major new investment, ensuring its survival. Vertical Aerospace, based in Bristol, is testing a so-called electric flying taxi which ...

Travel startups have raised nearly $1 billion so far in November. That includes 17 that raised nearly $636 million in the ...