Bristol electric 'flying taxi' firm gets £39m cash lifeline
Source: BBC
Vertical AerospaceEight battery-powered rotors lift the aircraft in test flights at Cotswold AirportA company developing a new electric aircraft has announced a major new investment, ensuring its survival.Vertical Aerospace, based in Bristol, is testing a so-called electric flying taxi which can carry four passengers up to 100 miles (161km).The firm had been struggling financially, but has secured a $50m (£39m)…
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