Vertical Aerospace Ltd.

Vertical Aerospace Appoints Defence Technology Pioneer and Former FLIR CEO Andrew Teich to Its Board of Directors

Vertical Aerospace appointed Andrew Teich, former FLIR Systems President and CEO, to its Board of Directors effective immediately. Teich brings over 40 years of defence technology experience, including growing FLIR from roughly $60 million to more than $6 billion in market value, along with expertise in U.S. Department of War programmes, advanced sensing, AI, autonomous systems and UAV technologies directly relevant to Vertical's defence and dual-use applications. This is the fourth senior aerospace and defence appointment in recent weeks, joining Chair Fabrice Brégier and directors Clyde Woltman and Marc Fontaine, as Vertical advances Valo towards certification and pursues a strategic alternatives review with Jefferies as advisor.

•7d ago

Vertical Aerospace Further Strengthens Board With Appointment of Former Airbus Executive Marc Fontaine, CEO of Helsing France

Vertical Aerospace appointed Marc Fontaine, CEO of Helsing SAS and a 20+ year Airbus veteran, to its Board of Directors effective 21 October 2026. He is the third senior aerospace and defence appointment in recent weeks, following former Airbus Commercial Aircraft CEO Fabrice Brégier as Chair and former Leonardo Helicopters U.S. CEO Clyde Woltman as director. Fontaine cited Valo's certification path and its hybrid-electric-capable architecture for defence and dual-use applications, and emphasized that funding certification and commercialization — with Jefferies as retained financial advisor on a strategic-alternatives review — is the priority. Vertical has roughly 1,500 pre-orders of Valo from customers including American Airlines, Avolon, Bristow, GOL and Japan Airlines.

•19d ago

Vertical Aerospace Strengthens Supplier Network With ANH Structure and Northrop Grumman LITEF

Vertical Aerospace signed long-term supplier agreements with ANH Structure for Valo's bespoke pilot and passenger seating and with Northrop Grumman LITEF for the LCR-110 inertial reference system. Both suppliers bring EASA/FAA certification credentials, supporting the eVTOL's path toward certification and serial production under Vertical's 'one platform' strategy spanning four- and six-passenger and hybrid-electric variants. Vertical cites roughly 1,500 Valo pre-orders across four continents, including American Airlines, Avolon, Bristow, GOL and Japan Airlines; the announcement strengthens the industrial ecosystem but includes no financial terms.

•24d ago

Vertical Aerospace Opens New Valo Assembly Centre to Build Certification and Early Production Aircraft

Vertical Aerospace opened a dedicated Aircraft Assembly Centre at its Cotswold Airport Flight Test Centre, backed by a £1.5 million investment and adding 60,000 square feet of space. The facility will build certification-conforming Valo aircraft (first assembly expected Q4 2027) and retrofit a prototype for hybrid-electric flight testing in H1 2027, with capacity for more than 25 aircraft annually during early production. Certification with the UK CAA remains targeted for 2029, and plans for a separate full-scale production site are expected in Q4 2026; Vertical cites roughly 1,500 pre-orders including American Airlines, Avolon, Bristow, GOL and Japan Airlines.

•1mo ago

Vertical Aerospace Provides H1 2026 Business Update

Vertical Aerospace achieved a major milestone by completing piloted transition flights with two full-scale aircraft and conducting five days of public eVTOL demonstrations at the Farnborough International Airshow. The company strengthened its balance sheet with approximately $100 million in new financing commitments, bringing total cash and equivalents to $134 million as of August 13. Management expects at least 12 months of runway based on current liquidity and planned draws, while targeting a Critical Design Review by year-end.

•2mo ago

Vertical Aerospace Announces Financing Commitments of Approximately $100 Million to Advance Certification and Commercialisation

Vertical Aerospace announced approximately $100 million in financing commitments to support the certification and commercialization of its Valo eVTOL aircraft. The financing structure includes a $35 million equity offering priced at $1.05 per unit, a $25 million preferred equity issuance, and a $40 million commitment from Mudrick Capital through its existing convertible note facility. Capital will be directed toward the Critical Design Review, expansion of battery production capacity, and development of hybrid-electric flight capabilities, pending definitive agreements for the Mudrick component.

•2mo ago

VIC Properties and Vertical Aerospace Explore Electric Air Mobility as Pinheirinho Estate Looks Beyond Traditional Transportation Infrastructure

Vertical Aerospace signed a Memorandum of Understanding with VIC Properties to explore the introduction of electric air mobility services at the Pinheirinho estate in Portugal. The partnership will assess the 400-hectare estate, home to Six Senses Comporta, as a potential location for Vertical's Valo aircraft operations and infrastructure. This collaboration follows Vertical's existing work with Héli Air Monaco and aims to integrate advanced air mobility into luxury hospitality developments.

•3mo ago

Vertical Aerospace Caps Landmark Week at Farnborough, Accelerating the Path to Commercial Electric Aviation

Vertical Aerospace completed the first public transition flight of its eVTOL aircraft at the Farnborough Airshow, demonstrating the viability of its technology in a real-world setting. The company announced advanced discussions with the UK Government for a support package of up to £10 million to anchor production facilities, alongside a separate £3.4 million program to develop next-generation charging technology. Additionally, Vertical expanded its ecosystem through new customer agreements with Sigma Air Mobility and VIC Properties, and regulatory collaborations with Saudi Arabia's GACA and Honeywell's Project VERTI-GO.

•3mo ago

Vertical Aerospace to Develop High-Power Charging Technology to Enable Commercial Electric Aviation

Vertical Aerospace will lead the UK Government-backed ECLiPSE programme to develop next-generation high-power charging and thermal management technologies for electric aircraft. The project represents a total investment of approximately £3.4 million, including up to £1.75 million in government funding, and is designed to reduce infrastructure costs and accelerate aircraft turnaround. Vertical also announced advanced discussions for a separate package to anchor its first full-production site in the UK, which includes a potential £10 million grant and would bring total government support to roughly £48 million ($64 million).

•3mo ago

Vertical Aerospace and Saudi Arabia's General Authority of Civil Aviation Sign Strategic Agreement Advancing Air Mobility Certification and Regulatory Framework

Vertical Aerospace signed MoUs with Saudi Arabia's General Authority of Civil Aviation (GACA) and Cluster2 Airports Company to support type certification validation and prepare for eVTOL operations in the Kingdom. The agreements align with Saudi Arabia's Vision 2030 goal to unlock US$100 billion in aviation investment and expand connectivity, positioning Vertical to participate in the region's emerging Advanced Air Mobility market. Vertical holds c.1,500 pre-orders globally for its Valo aircraft and continues to build a network of regulatory and infrastructure alliances.

•3mo ago

Vertical Aerospace and Honeywell Aerospace Join EU Funded Initiative to Safely Integrate eVTOLs into European Airspace

Vertical Aerospace joined Project VERTI-GO, a major European collaboration alongside Honeywell Aerospace designed to accelerate the safe integration of electric aircraft into everyday airspace. The program, analogous to the FAA's eVTOL Integration Pilot Program in the U.S., will utilize simulations and flight demonstrations to develop the operational framework for commercial advanced air mobility. Flight demonstrations will include Vertical's eVTOL aircraft operating between Malaga and Marbella in Spain, involving regulators and infrastructure partners.

•3mo ago

UK Government pledges broad package to anchor Vertical’s first full-scale production sites in the UK

Vertical Aerospace announced advanced discussions with the UK Government for a support package to anchor its first full-scale production sites in the UK, including a conditional £10M grant and export finance cooperation. The agreement brings total direct UK government backing to approximately £48M and involves cross-government engagement from the Ministry of Defence and Innovate UK to facilitate the transition to industrial scale-up. The project is projected to create 700 direct jobs by 2030 and contribute up to £3B in annual Gross Value Added by 2035, with a final site decision expected before year-end.

•3mo ago

Vertical Aerospace Makes History With First Public eVTOL Transition Flight at Farnborough International Airshow

Vertical Aerospace completed the first public transition flight of its eVTOL prototype at the Farnborough International Airshow, successfully switching from helicopter mode to wingborne cruise and back. CEO Stuart Simpson stated the demonstration proves electric aviation is moving from promise to commercial reality, while UK aerospace officials highlighted the sector's momentum. The milestone follows recent commercial progress, including a strategic partnership with Near Earth Autonomy and a new customer agreement with Sigma Air Mobility.

•3mo ago

Vertical Aerospace Announces New Customer Sigma Air Mobility

Vertical Aerospace signed a Memorandum of Understanding with Sigma Air Mobility, a member of the Luxaviation Group, regarding the intended purchase of its Valo eVTOL aircraft. The agreement establishes a framework for collaboration on operations and commercial readiness, leveraging Luxaviation's 50+ years of experience and global network of over 200 aircraft. Vertical holds approximately 1,500 conditional pre-orders and continues to advance toward the Critical Design Review for the Valo aircraft.

•3mo ago

Vertical Aerospace to Fly First eVTOL Public Demonstration Flights at Farnborough International Airshow

Vertical Aerospace plans to conduct the first public eVTOL demonstration flights at the Farnborough International Airshow, featuring its Valo prototype and full-scale commercial model. The demonstrations follow the UK CAA's recent expansion of Vertical's Permit to Fly, authorizing operations away from its test center and marking a key step toward certification and commercial service. The company holds approximately 1,500 conditional pre-orders and targets a Critical Design Review by the end of 2026, with industrialization activities ramping up in the third quarter.

•3mo ago

Vertical Aerospace and Near Earth Autonomy Partner to Equip Valo Aircraft for Uncrewed Defense and Commercial Operations

Vertical Aerospace signed a Memorandum of Understanding with Near Earth Autonomy to integrate autonomous flight systems into its Valo aircraft, targeting uncrewed defense and commercial operations. The partnership leverages Honeywell Aerospace’s Anthem digital cockpit to facilitate advanced autonomy, with Vertical developing a hybrid-electric Valo variant capable of 1,000 miles range and payloads up to 1,100 kg. CEO Stuart Simpson emphasized that the partnership moves the company into the strategic defense market, utilizing a common aircraft architecture to serve commercial and government customers.

•3mo ago

Vertical Aerospace Shares Business Update Ahead of Farnborough International Airshow

Astronics Corporation (ATRO) was selected by Vertical Aerospace (EVTL) to supply the low-voltage power distribution system for the Valo eVTOL aircraft. Vertical Aerospace announced it has received an expanded Permit to Fly from the UK CAA, authorizing its first public demonstration flights, and has re-baselined its certification timeline to target type certification in 2029. The customer currently holds approximately 1,500 conditional pre-orders with an estimated value of $6 billion, providing potential long-term demand for Astronics' systems.

•3mo ago

Vertical Aerospace’s Final Full-Scale Prototype Completes First Piloted Flight

Vertical Aerospace’s final full-scale prototype completed its maiden piloted flight on June 5, 2026, conducted by test pilot Paul Stone. This aircraft doubles the company’s flight testing capacity and will progress through thrustborne, wingborne, and transition phases before being retrofitted for hybrid-electric testing. The milestone precedes the Critical Design Review (CDR), which will establish the certifiable design baseline for the Valo eVTOL and pave the way for pre-production assembly.

•5mo ago

Vertical Aerospace Selects Hyundai WIA as Landing Gear Partner for Valo

Vertical Aerospace has selected Hyundai WIA as the supplier for the landing gear system on its Valo eVTOL aircraft, marking a significant step in securing its global supply chain. Hyundai WIA will handle end-to-end design and manufacturing, supported by UK engineering firm Stirling Dynamics as a key design partner. This agreement follows Vertical’s successful piloted transition flight and precedes the Critical Design Review, which will lock the certifiable design baseline ahead of full-scale testing.

•5mo ago

Vertical Aerospace Provides First Quarter Update, Achieves Key Execution Milestones and Advances Toward Certification

Vertical Aerospace achieved a critical technical milestone by completing the first two-way piloted transition of an eVTOL aircraft under UK CAA oversight, validating its core architecture. The company secured a financing package of up to $850 million, providing over 12 months of runway as it progresses toward certification and Critical Design Review. Management ended the quarter with $96 million in cash and expects net cash outflows of $180 million to $200 million over the next year.

•6mo ago