Vertical Aerospace is about to complete an $800 million financing.

British passenger drone company Vertical Aerospace is in deep negotiations for a new financing round of over $800 million, which is intended to support the company until it becomes commercially operational. This financing round may include various forms of capital and could be announced as early as this week. The funds may be injected into Vertical Aerospace in stages, but the details of the financing structure and specific disbursement timeline are not yet clear.