Are flying taxis back? UK startup secures $850m runway despite sector struggles
23 Apr 2026
08:15
Electric air taxis were once the hottest bet in clean transport – until Lilium collapsed, Volocopter sold for scraps, and investor patience ran out.
Vertical Aerospace, one of the few still standing, has now secured an $850m lifeline. Here is what the deal actually means.
Vertical Aerospace, one of the few still standing, has now secured an $850m lifeline. Here is what the deal actually means.