Vertical gets $10 million UK state eVTOL funding, reflecting big national stakes in eVTOL activity
Emerging electric vertical takeoff and landing (eVTOL) aircraft used in air taxi transportation will generate billions of dollars in new activity – a major new boost to national economies that governments don’t want foreign companies to dominate. The most recent example of that defensive reflex of local aerial markets comes from the UK, where national hero Vertical Aerospace has received an additional $10.5 million in state support.
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