Alpine Vertical Launches $20 Million Equity Raise to Propel Next-Gen eVTOL Aircraft Development

Tacoma, WA – March 18, 2025 – Alpine Vertical, a pioneering force in the electric Vertical Take-Off and Landing (eVTOL) aircraft sector, has announced a $20 million equity raise to accelerate the development and commercialization of its next-generation hybrid VTOL (hVTOL) aircraft, the Argon. This capital raise is aimed at advancing Alpine Vertical’s mission to provide safe, sustainable, and accessible vertical flight solutions.

Alpine Vertical’s innovative approach leverages a proven airframe with proprietary vertical lift modifications, significantly reducing regulatory hurdles and development risks compared to industry peers. With a rapid go-to-market strategy of 24-30 months—far faster than competitors facing a 7-16 year certification process—the company is poised to deliver a cost-effective and highly adaptable aircraft for emergency services, flight training, and personal use.

“The market for eVTOL aircraft is expanding rapidly, projected to grow from $1.2 billion in 2023 to $17.7 billion by 2030,” said Stephen Tibbitts, CEO and Chairman of Alpine Vertical. “Our strategy of integrating proven aviation technologies with our proprietary hybrid VTOL modifications uniquely positions us to capture an underserved segment of the market—providing an accessible and lower-cost alternative to traditional helicopters and larger eVTOL designs.”

Alpine Vertical’s business model is designed for staged market entry, beginning with initial kit sales (2025-2027), followed by full FAA certification and mass production (2027+), and culminating in on-demand air mobility services (2028+). This multi-phase strategy ensures early revenue generation while positioning the company for long-term scalability in the rapidly evolving advanced air mobility sector.

Investors interested in participating in Alpine Vertical’s $20 million equity raise can obtain additional information through Castle Placement, the company’s investment bank. https://castleplacement.com/portfolio/alpine-vertical/

For more details, please contact:
Gary Levy
Castle Placement, LLC
Phone: (516) 457-0104
Email: glevy@castleplacement.com

Alpine Vertical is an aerospace innovation company focused on revolutionizing vertical flight through the development of next-generation hybrid VTOL aircraft. With a commitment to safety, efficiency, and sustainability, Alpine Vertical is redefining air mobility solutions for a range of applications, from emergency response to personal transportation. Please see more information here: https://alpine-vertical.com/

Castle Placement is The Premier Private Capital Investment Bank™, with over 100,000 institutional, private equity, venture capital and strategic investors, family offices, pension funds, foundations, endowments, sovereign wealth funds, hedge funds and lenders. Founded in 2009, Castle Placement has experienced investment bankers with significant personal relationships, fully integrated with its robust, data-driven technology platform. Member FINRA/SIPC. CPGOapp.com provides unparalleled and transparent access for issuers and investors.

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