$EVTL

Vertical Aerospace (EVTL) discussed Q2 progress on its VX4 eVTOL platform, including adding a second flight-test aircraft and hybrid-electric integration testing. It expects hybrid-electric flight testing in H1 2027 and VX4 type certification in 2029. Vertical announced a ~$100M financing package, had ~$134M cash as of Aug. 13, 2026, and expects cash runway into Q3 2027.

Mudrick Capital Management and affiliated funds reported in an SEC Schedule 13D that they beneficially own 214,698,010 ordinary shares of Vertical Aerospace Ltd., 64.2% on a partially diluted basis. The filing says Vertical issued $35 million more in Convertible Senior Secured Notes and amended the conversion price from $3.50 to $1.30 per share. Mudrick also received board nomination and consent rights.

Vertical Aerospace (NYSE: EVTL) issued an H1 2026 business update and will host a conference call at 08:30 ET. It reported piloted transition flights with two full-scale aircraft, five consecutive Farnborough public eVTOL days, and ecosystem expansion via Near Earth Autonomy and Honeywell’s Project VERTI-GO. It said it has about $134m cash, ~$100m financing commitments, and expects 12 months runway, with a £10m UK production-facility support discussion.

Vertical Aerospace (NYSE:EVTL) completed a US$35.0 million composite units offering, issuing 33,333,334 equity and derivative units at US$1.05 each, according to the article. The raise follows a year of sharp share price declines. The piece cites an estimated fair value of $60 versus a last close of $0.89 and discusses funding and VX4 testing as key risks.

Vertical Aerospace, a NYSE-listed eVTOL “flying taxi” maker, secured a $100m financing package. It plans a design review, to open an energy center for battery production, and to retrofit its third prototype for hybrid-electric flight testing in 1H 2027. The deal includes $40m from Mudrick Capital, $25m from Yorkville Advisors, and $35m from other investors, plus plans for a UK production facility.

Vertical Aerospace said it secured about US$100 million in financing commitments to support certification and commercialization of its Valo aircraft. Funding includes US$40 million from Mudrick Capital via a convertible note draw, US$35 million via an equity unit offering at US$1.05 per unit, and US$25 million from Yorkville Advisors Global preferred equity. The capital is aimed at design review, battery capacity expansion, and prototype hybrid-electric testing.

Vertical Aerospace (EVTL) raised $35 million, according to the article, and the piece discusses its recent results and progress update webcast for the eVTOL program. It notes investor concerns about limited cash runway and the need to complete a transition flight with the prototype aircraft.

Vertical Aerospace, a Bristol-based eVTOL aircraft developer, secured $100m (£74m) to fund certification and commercialization of its Valo four-passenger aircraft. The round includes $40m from Mudrick Capital, $35m equity from investors, and $25m from Yorkville Advisors’ preferred equity facility. Funds will support battery capacity expansion and hybrid-electric prototype retrofit for 1H 2027.

Simply Wall St reports Vertical Aerospace (NYSE:EVTL) completed a US$35.0 million Composite Units Offering, issuing 33,333,334 equity/derivative units at US$1.05 each with a US$0.0735 discount per security. The company said the proceeds provide funding flexibility for its VX4 program and operations, while increasing its equity base.

Vertical Aerospace, the New York-listed eVTOL developer, said it has €86.6 million ($100 million) in financing commitments to fund certification and commercialization of its Valo four-passenger aircraft. Components include €34.6 million from Mudrick Capital via its convertible note facility, €30.3 million equity at €0.91 per unit, and €21.6 million preferred equity from Yorkville Advisors. The first two parts are non-binding and subject to definitive documents.