Vertical Aerospace Secures ~$100M In Financing To Advance Valo eVTOL Certification And Commercialization

Investments strengthen financial position following major technical and commercial milestones, historic public flight demonstrations and growing government and partner support

Vertical Aerospace ("Vertical" or the "Company") (NYSE:EVTL), a global aerospace and technology company pioneering electric aviation, today announced financing commitments of approximately $100 million from existing and new investors to support continued progress toward the certification and commercialisation of its Valo aircraft platform.

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Financing follows a strong period of momentum for Vertical Aerospace, including the first ever eVTOL demonstration at Farnborough International Airshow

Financing Highlights

The proposed $100 million of financing comprises three components:

• $40 million from Mudrick Capital Management, L.P. ("Mudrick Capital") through the combination of a recently closed $5 million draw plus a $35 million accelerated draw planned by August 12, 2026, each under the Company’s existing $50 million convertible note facility, reflecting the continued commitment of Vertical’s largest shareholder.
• $35 million equity investment from a group of existing and new investors in an underwritten offering of units, each comprising one ordinary share and one warrant, at a price of $1.05 per unit. The offering priced today and is expected to close on or about August 11, 2026.
• $25 million issuance from the Company’s preferred equity facility with Yorkville Advisors Global, L.P., which will settle today.