The Air Current reposted this
When Vertical Aerospace rolled out its "Flightpath 2030" on Tuesday, it failed to answer the question on everyone's minds: "What about funding?" Well, here's the latest in the eVTOL developer's ongoing discussions with Mudrick Capital Management, who really, really wants to give it money.
𝗔𝘃𝗶𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗗𝗿𝗼𝗻𝗲 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗘𝘅𝗽𝗲𝗿𝘁 | 𝗘𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿 | 𝗩𝗲𝘁𝗲𝗿𝗮𝗻 | 𝗙𝗼𝗿𝗺𝗲𝗿 𝗠𝗶𝗹𝗶𝘁𝗮𝗿𝘆 𝗣𝗶𝗹𝗼𝘁 | 𝗗𝗲𝗺𝗼𝗰𝗿𝗮𝘁𝗶𝘇𝗶𝗻𝗴 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗔𝘃𝗶𝗮𝘁𝗶𝗼𝗻
3moLets be honest Elan Head the money committed doesn't get them anywhere near where they need to be. Without someone stumping up another 350-400 million GBP, Vertical is going to be in exactly the same place in 9 months time. What am I missing here, why would anyone want to invest right now?