Surf Air Mobility

VERTICAL AEROSPACE (NYSE: EVTL) STOCK QUOTE

Last Trade: US$1.14 -0.03 -2.56
Volume: 434,726
5-Day Change: 42.57%
YTD Change: 65.70%
Market Cap: US$252.220M

LATEST NEWS FROM VERTICAL AEROSPACE

Vertical expects to complete final assembly of second, more advanced full-scale VX4 prototype in coming weeks; on track to begin flight test programme ahead of intended public demonstrations at Farnborough and Heathrow. Latest VX4 includes more than 60% components from aerospace technology partners and Vertical’s second-generation propellers and proprietary battery packs. FY23 net cash used in operating activities was £74.7... Read More
LONDON / Feb 22, 2024 / Business Wire / Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, entered into an investment agreement with its founder, majority shareholder and Chief Executive Officer, Stephen Fitzpatrick, in respect of a commitment by Mr. Fitzpatrick to provide up to $50 million of funding to the company in the form of an equity... Read More
Vertical wins further vote of confidence from the UK Government New £8 million grant brings total support to £37 million Award puts the UK at the forefront of novel air technology and urban air mobility Vertical will head a consortium of leading technology organisations and research institutions: the University of Glasgow, the University of Bristol, Cranfield University and Helitune LONDON & NEW YORK / Feb 20, 2024 /... Read More
Founder and CEO Stephen Fitzpatrick commits to invest $50 million equity capital into Vertical Aerospace Initial tranche of $25 million at $10 per share; second tranche of $25 million at a price to be determined Investment extends projected cash runway into Q2 2025 and will support the continued development of the certification aircraft design Vertical is engaged in discussions for further capital pending the flight test... Read More
LONDON & NEW YORK / Dec 01, 2023 / Business Wire / Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announced that it received a notice from the New York Stock Exchange (the "NYSE") on November 28, 2023, indicating that the company is not currently in compliance with the NYSE continued listing standard requiring a minimum average closing... Read More
Company Issues Shareholder Letter LONDON & NEW YORK / Nov 09, 2023 / Business Wire / Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the third quarter ended September 30, 2023. The Company has also issued a shareholder letter discussing its operating results and management... Read More
Preliminary investigation into August 9 incident swiftly completed, identifying the root cause to be a single component Vertical successfully concluded its remote thrustborne flight test campaign in July 2023 Certification timelines unchanged, with more advanced prototype aircraft in production and expected to be flying in early 2024 LONDON & NEW YORK / Aug 31, 2023 / Business Wire / Vertical Aerospace (Vertical) [NYSE:... Read More
Company Issues Shareholder Letter LONDON & NEW YORK / Aug 03, 2023 / Business Wire / Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the six months ended June 30, 2023. The Company has also issued a shareholder letter in conjunction with the filing of its first half-year results,... Read More
Kakao Mobility pre-orders up to 50 VX4 aircraft, adding South Korea to Vertical’s customer launch list market Kakao Mobility has over 30 million registered users for its existing Mobility-as-a-Service ride-hailing and will bring this expertise to create a seamless air-to-ground passenger journey Builds on Vertical’s existing consortium partnership for Korean government-backed K-UAM Grand Challenge LONDON & SEOUL / May 22,... Read More
Company Issues Shareholder Letter LONDON & NEW YORK / May 03, 2023 / Business Wire / Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the first quarter ended March 31, 2023. The Company has also issued a shareholder letter in conjunction with the filing of our first quarter 2023... Read More
LONDON & NEW YORK / Mar 22, 2023 / Business Wire / Vertical Aerospace Ltd . (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a leading aerospace and technology company that is pioneering electric aviation, announces that it has released a shareholder letter to its investor relations website, at investor.vertical-aerospace.com . The Company also filed its Annual Report on Form 20-F for the fiscal year ended December 31,... Read More
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Continues the UK's long tradition of innovation, putting it at the forefront of electric battery development The Vertical Energy Centre (VEC) will support the design, test, manufacture and commercialisation of Vertical’s custom-made battery pack for its VX4 aircraft Creates high tech employment opportunities in the Southwest... Read More
John brings thirty years’ experience of senior executive roles in large, international companies, most recently as CEO of Ferguson plc (formerly Wolseley plc), the FTSE 100 distribution business John has served as CFO of Wolseley plc, Hays plc and Travelex Group, and is currently non-executive director of Ocado Group plc Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering... Read More
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Vertical’s customers are progressing plans for safer, greener, easier flight in Japan’s cities and regions by the mid 2020s Marubeni is making a pre-delivery payment to Vertical to reserve early delivery slots for the first 25 out of 200 VX4 conditional pre-orders Japan will be a major eVTOL opportunity given the market... Read More
David brings over thirty years’ unparalleled experience in the aerospace engineering sector, having previously held senior roles at Leonardo and Bell At Vertical, David will be responsible for the technical development and overall performance of Vertical’s electric aircraft, the VX4 Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today... Read More
Company Issues Shareholder Letter Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the third quarter ended September 30, 2022. The Company has also issued a shareholder letter discussing its operating results and management commentary, which is posted to its investor relations... Read More
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Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, saw its VX4 eVTOL (electric vertical take-off and landing) aircraft take off from the ground for the very first time over the weekend. It becomes the first British company to start flight tests with... Read More
Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the six months ended June 30, 2022. The Company has also issued a shareholder letter discussing its operating results and management commentary, which is posted to its investor relations website at investor.vertical-aerospace.com.... Read More
Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces the appointment of former McLaren Automotive CEO, Mike Flewitt, to the Board of Directors (the “Vertical Board”). An experienced leader in the world of automotive innovation and manufacturing, Mike further strengthens Vertical’s leadership team which draws from industry experts in... Read More
Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation and CAE [NYSE: CAE, TSE: CAE], a market leader in flight simulation and training, today announced that CAE will be the pilot training partner for Vertical’s launch eVTOL aircraft, the VX4. CAE will design and develop a world-class training program and be the exclusive training device provider,... Read More
Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces a partnership with Babcock International (Babcock) [LON: BAB], the aerospace, defence and security company to explore new applications for its VX4 eVTOL aircraft. The VX4 has proven demand in the passenger transportation markets from established airline customers including Virgin... Read More
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Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, announces today that FLYINGGROUP, one of Europe’s leading business jet operators, has conditionally pre-ordered up to 50 VX4 aircraft. FLYINGGROUP, which began operations in Antwerp in 1995, operates from... Read More
Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces that it has confirmed delivery slots and the commitment of associated pre-delivery payments with American Airlines (NASDAQ: AAL). American has reserved delivery slots for the first 50 VX4 aircraft of its initial conditional pre-order of up to 250 aircraft, with an option for an... Read More
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Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces a strategic partnership with E-One Moli Energy Corp (Molicel), a leading manufacturer of lithium-ion cells, to supply high power cylindrical cells for Vertical’s VX4 eVTOL aircraft.... Read More
Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a leading aerospace and technology company that is pioneering electric aviation, announces that it has released a shareholder letter to its investor relations website at investor.vertical-aerospace.com , which includes complete operating results for the full year 2021 and management commentary. The company also filed its Annual Report on Form 20-F for... Read More
Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces further progress on its path to certification, including the appointment of the former European Union Aviation Safety Agency’s (EASA) Certification Director, Trevor Woods, as Director – Regulatory Affairs. Concurrent EASA/CAA validation Vertical is also pleased to announce that... Read More
Vertical Aerospace (Vertical) [NYSE: EVTL] notes Avolon’s announcement today that it has exceeded its whole 500 unit pre-order of Vertical’s VX4 electric aircraft within nine months. Avolon, the world’s second largest aircraft lessor, pre-ordered 500 VX4s in June 2021, and as of today has placed all of these units, as well as an additional 50 aircraft options, with leading global airlines. This has been achieved by placing... Read More
Vertical Aerospace (Vertical) [NYSE: EVTL] notes Avolon’s announcement today that it will partner with AirAsia Aviation Group Ltd (AirAsia), Asia’s leading low-cost airline, to create a transformational ride sharing platform in Southeast Asia, including a non-binding memorandum of understanding to lease a minimum of 100 VX4s, Vertical’s flagship electric aircraft. As announced in June 2021, Avolon, the world’s second largest... Read More
Vertical Aerospace (“Vertical”) (NYSE:EVTL), a leading aerospace and technology company that is pioneering zero-emissions aviation, today announced that it has agreed a joint development program with Leonardo for the design, testing, manufacture and supply of the carbon composite fuselage for Vertical’s VX4 electric aircraft. Vertical and Leonardo will work together on optimising lightweight composite structures, modular... Read More

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