The company will use the net proceeds for research and development, improving testing and certification, and general ...

British firm Vertical Aerospace advances zero-emissions aviation with its VX4 aircraft that travels 100 miles per charge, ...

The flying taxi that's been ordered by American Airlines has completed its first test flight. The piloted test of the VX4 is the first in a series of planned tests, Vertical Aerospace said Monday.

Key Takeaways Vertical Aerospace announced it would sell $60 million worth of shares at $5 each, sending shares tumbling. The ...

To do this, Vertical Aerospace received regulatory approval in the form of a “Permit to Fly” from the Civil Aviation Authority ... American Airlines, Japan Airlines and Air Asia and recently announced ...

NYSE: EVTL], a global aerospace and technology company pioneering electric aviation, today announces that it expects to share a business update pre-market on Tuesday, 5 August.

Vertical Aerospace (Vertical) (NYSE: EVTL) (“Vertical” or the “Company”), a global aerospace and technology company that is ...

Vertical has c.1,500 pre-orders of the VX4, with customers across four continents, including American Airlines, Japan Airlines, GOL and Bristow. Certain customer obligations are expected to be ...

In the Offering, Vertical sold 12,000,000 ordinary shares at $5.00 per ordinary share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 ...

vertical aerospace Delays Plague Vertical Aerospace eVTOL Certification The company, which has pushed its target to 2026, expects industrywide certification ‘timeline corrections.’ ...

Vertical Aerospace (“Vertical”) (NYSE: EVTL) and Honeywell (NASDAQ: ... Vertical has c.1,500 pre-orders of the VX4, with customers across four continents, including American Airlines, Japan Airlines, ...

American made a $25 million investment in Vertical Aerospace. Last month, United Airlines similarly made a $10 million predelivery payment with Archer Aviation for 100 electric flying taxis.