Canaccord on Vertical Aerospace Ltd. (EVTL): 'several upcoming catalysts'
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Go back to Canaccord on Vertical Aerospace Ltd. (EVTL): 'several upcoming catalysts'
March 30, 2026 9:15 AM EDT
The company today raised $50 million of common equity and expects to receive a further $30 million over the coming weeks, representing approximately $160 million of available capital to execute key certification milestones over the remainder of 2026.
In addition to the equity raise, the new comprehensive financing package agreement in principle provides for access to up to $800 million in additional committed capital, across a range of facilities through 2027 and beyond.
Existing convertible notes held by Mudrick Capital to be amended to extend maturity from December 2028 to December 2030, ensuring debt matures after planned 2028 certification and first Valo... More
March 27, 2026 7:00 AM EDT
Isoclima to design and manufacture full transparency suite for Valo certification aircraft
Builds on established supplier relationships with Honeywell, Aciturri, Evolito and Syensqo
LONDON & NEW YORK--(BUSINESS WIRE)--
Vertical Aerospace (Vertical or Company) [NYSE:EVTL], a global aerospace and technology company that is pioneering electric aviation, today announced it has selected Isoclima S.p.A., a global leader in high performance transparent solutions, as a strategic supplier for the Valo aircraft.
This press release features multimedia. View the full release here:... More
