Electric Aerospace Manufacturer Investments
Vertical Aerospace Secures Funding
Adam Harrie — April 7, 2026British aerospace manufacturer Vertical Aerospace has secured a preliminary financing agreement of up to $850 million to support the development and certification of its electric vertical take-off and landing (eVTOL) aircraft program.
The funding will support the development of Vertical's Valo aircraft, a piloted eVTOL designed for short-range travel with a 100-mile flight range and zero operating emissions.
The overall financing package includes various investments, such as equity issuance, convertible notes, and an equity line of credit, which offers phased access to capital over time. The initial funding aims to cover short-term working capital needs and development.
As the aerospace industry moves toward more sustainable solutions, companies like Vertical are receiving significant funding to help them meet certification deadlines and expand production capacity.