Vertical Aerospace

The UK government has invested £10 million in Vertical Aerospace, a British flying taxi champion, to support the creation of over 1,000 jobs and thousands more across its supply chain.

Summary of transaction details:

• Value: £10 million
• Sector: Industrials & Energy
• Advisor: None
• Key Entities: Vertical Aerospace, UK Government
• Location: UK

Note: This investment is a significant vote of confidence in the UK's aerospace sector and Vertical Aerospace's electric vertical take-off and landing aircraft. The funding will enable the company to build its aircraft in the UK, creating jobs and supporting the supply chain.