Vertical Aerospace (EVTL) is in advanced talks to secure more than $800 million in fresh capital, Sky News editor Mark Kleinman reported in a weekend blog post, citing banking-industry sources.
Specific details of the potential funding remain unclear, but an announcement could come as early as this week, Kleinman said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)