On Oct. 27, Vertical Aerospace announced that it had secured $205M in a financing. The new funding will support the production and certification of the VA-X4, its five-seat eVTOL with a range of 100 miles (161 km).
Tier 1 Engineering is one of the pioneers of electric vertical flight and the only company in the world that’s been regularly flying a piloted electric helicopter since 2016 as part of its development program.
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