Air-taxi maker Vertical signs tentative funding deal with investor, extends cash runway
By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under ...
Lilium's fall throws spotlight on air-taxi cash crunch
The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...
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Toyota is pouring half a billion dollars into its air taxi startup — see the incredible vehicle that has the company so pumped up
Toyota Motor Corporation recently invested $500 million to help support the future of electric air taxi travel.
Air taxi firm Vertical says Mudrick to covert some notes to equity, extend repayment deadline
UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...
Analysis-Lilium's Fall Throws Spotlight on Air-Taxi Cash Crunch
Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...
Air Taxi Maker Vertical Secures Bailout From Mudrick Capital
Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital ...
Air Taxi Firm Vertical Says Mudrick to Convert Some Notes to Equity, Extend Repayment Deadline
(Reuters) - UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its ...
UK air taxi company Vertical Aerospace wins $50mn lifeline from creditor
UK entrepreneur Stephen Fitzpatrick will cede control of Vertical Aerospace, the air taxi start-up he founded, as part of a ...
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Germany's Lilium exits air-taxi race as sector burns billions with no passenger flights
Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...
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Lilium's Fall Highlights Challenges in Air-Taxi Sector
Lilium's financial crisis underscores significant challenges for Western air-taxi companies, highlighting investment shortfalls and certification delays. While raising $13 billion since 2019, the ...
Should You Buy Archer Aviation Stock Below $5?
From electric vehicles like Tesla to ride-sharing platforms like Uber Technologies, people have many different ways to get ...
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This is how much it will cost you to get a flying taxi in Abu Dhabi
Want to go further afield? Trips between Abu Dhabi and Dubai are expected to range from Dhs800 to Dhs1,500. While that’s not ...