Vertical Aerospace Ltd
NYSE:EVTL
Vertical Aerospace Ltd
Vertical Aerospace Ltd. is a holding company, which focuses on designing, manufacturing and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility (AAM) market, using cutting edge technology from the aerospace, automotive and energy industries. The firm is an electric vertical takeoff and landing (eVTOL) manufacturer. The firm is developing the transition to carbon free aviation, focused on designing, manufacturing and selling operating emission eVTOL aircraft for use in the advanced air mobility (AAM) market, using the technology from the aerospace, automotive and energy industries. The firm is developing its flagship eVTOL, the VA-X4. The VA-X4 is designed to provide for a capacity of five people (one pilot, four passengers) and has a targeted range of over 100 miles, reaching speeds of over 200 mph. Its customers span markets and geographies, including airlines, aircraft lessors, helicopter operators and travel groups, across North and South America, Europe and Japan.
Vertical Aerospace Ltd. is a holding company, which focuses on designing, manufacturing and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility (AAM) market, using cutting edge technology from the aerospace, automotive and energy industries. The firm is an electric vertical takeoff and landing (eVTOL) manufacturer. The firm is developing the transition to carbon free aviation, focused on designing, manufacturing and selling operating emission eVTOL aircraft for use in the advanced air mobility (AAM) market, using the technology from the aerospace, automotive and energy industries. The firm is developing its flagship eVTOL, the VA-X4. The VA-X4 is designed to provide for a capacity of five people (one pilot, four passengers) and has a targeted range of over 100 miles, reaching speeds of over 200 mph. Its customers span markets and geographies, including airlines, aircraft lessors, helicopter operators and travel groups, across North and South America, Europe and Japan.
Flight Test Milestone: Vertical Aerospace is weeks away from completing its piloted transition flight, a major industry milestone, making it the first eVTOL OEM of its size to achieve this under U.K. CAA oversight.
Certification Timeline: The certification process is on track for completion in the second half of 2028, with no plans to accelerate this timeline.
Financial Discipline: Year-to-date spending and cash positions are in line with expectations; full-year 2025 spend is guided at $110–$125 million, about 75% less than main competitors.
Aircraft Design Advantage: The VX4 offers the largest and most versatile cabin in the sector, capable of carrying 4 to 6 passengers, leading to better operator economics and passenger comfort.
Strategic Partnerships: Vertical is in advanced discussions with global industrial partners for investment, aiming to close a transformative deal soon.
Hybrid Powertrain Leadership: Vertical is set to be first-to-market with a hybrid eVTOL, with its third aircraft ready for hybrid testing in 2026 and commercial sales targeted soon after.
Strong Order Book: The company has one of the largest, most diversified order books in the industry, supported by Tier 1 lessors and operators.
