Broadstone Acquisition Corp. (BSN) to Combine with Vertical Aerospace in $1.8Bn Deal

Broadstone Acquisition Corp. (BSN) to Combine with Vertical Aerospace in $1.8Bn Deal

Broadstone (NYSE:BSN) has entered into a definitive agreement to combine with electric vertical take-off and landing (eVTOL) aircraft-maker Vertical Aerospace at an enterprise value of $1.84 billion. Bristol, UK-based Vertical Aerospace is developing a model of eVTOL planes designed to make carbon-free air travel and urban air mobility possible. The combined company is expected to
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.