{"id":1000165,"date":"2026-03-31T09:22:00","date_gmt":"2026-03-31T03:52:00","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1000165"},"modified":"2026-03-31T10:39:13","modified_gmt":"2026-03-31T05:09:13","slug":"vertical-aerospace-secures-financing-package-of-up-to-850-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/31\/vertical-aerospace-secures-financing-package-of-up-to-850-million\/","title":{"rendered":"Vertical Aerospace secures financing package of up to $850 million"},"content":{"rendered":"<p>UK-based electric aviation company Vertical Aerospace said on Monday it has agreed in principle to a financing package of up to $850 million, sending its US-listed shares up over 4% in morning trading. <\/p>\n<p>The \u200ccompany \u2060said it \u2060raised $50 million of equity capital on Monday and expects a further $30 million shortly, positioning it to have about $160 million of working capital in the near term to fund operations through 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK-based electric aviation company Vertical Aerospace said on Monday it has agreed in principle to a financing package of up to $850 million, sending its US-listed shares up over 4% in morning trading. The \u200ccompany \u2060said it \u2060raised $50 million of equity capital on Monday and expects a further $30 million shortly, positioning it to have about $160 million of working capital in the near term to fund operations through 2026.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1000165","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1000165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1000165"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1000165\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1000165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1000165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1000165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}