We recently published a list of 7 Best Small-Cap Drone Stocks to Buy Now. In this article, we are going to take a look at where Vertical Aerospace Ltd. (NYSE:EVTL) stands against other best small-cap drone stocks to buy now.

LONDON - Vertical Aerospace (NYSE: EVTL), a leader in electric aviation technology, has successfully closed its underwritten public offering, raising $90 million in gross proceeds. The company, currently valued at $406 million by market capitalization,

Vertical Aerospace has closed a deal under which it raised $90 million in proceeds, generating cash needed to help fund continued development of its VX4 electric air taxi.

Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical" or the "Company"), a global aerospace and technology company that is pioneering electric aviation, today announced that it has priced its underwritten public offering of $90 million of units at a public offering price of $6.

Vertical Aerospace Ltd. faces financial challenges with limited capital and a delayed certification timeline, making it less competitive. Click for my EVTL update.