Vertical Aerospace has successfully closed its previously announced underwritten public offering, raising total gross proceeds of $60 million, before deducting underwriting discounts, commissions, and...
Eamonn Brennan has been appointed as an adviser to the board of Vertical Aerospace.Brennan has previously served as director general of Eurocontrol, the organisation responsible for coordinating and m...
Vertical Aerospace, designer and developer of the VX4 eVTOL (electric vertical takeoff and landing craft), has moved a step closer to the maiden flight of its second prototype after the partially-buil...
The UK Department for Transport (DfT) has unveiled its Future of Flight Action Plan, highlighting how ‘flying taxis and routine emergency service drones should be a reality by 2028’. The joint plan be...
Vertical Aerospace, designer of the VX4 eVTOL (electric vertical takeoff and landing craft), has confirmed its ambition to display its second prototype aircraft during this year’s upcoming Farnborough...
Vertical Aerospace, designer and developer of the VX4 eVTOL (electric vertical takeoff and landing craft), has received £8 million ($10 million) in grant funding from the UK government via the Aerospa...
UK eVTOL developer Vertical Aerospace has secured $50 million after CEO and founder Stephen Fitzpatrick committed to invest the equity capital into the company. The investment prepares the platform fo...
Vertical Aerospace has reported a net operating loss of £22million for the three months ended September 30, 2023, compared to a net operating loss of £19million in the prior year period. As of Septem...
Vertical Aerospace (Vertical) has concluded its remote thrustborne flight test campaign in July 2023, as the first full-scale VX4 prototype reached its target speed of 40kts (70 kmph), demonstrating “...
Vertical Aerospace (Vertical) has concluded its remote thrustborne flight test campaign in July 2023, as the first full-scale VX4 prototype reached its target speed of 40kts (70 kmph), demonstrating “...
The experimental prototype of Vertical Aerospace crashed during a test flight on August 9 at Cotswold Airport, to Vertical’s flight test center. “The aircraft was remotely piloted and there were no in...
Vertical Aerospace successfully completed an initial flight test campaign of its full-scale prototype. The prototype lifted, hovered, flew and landed using the aircraft’s propulsion system and battery...
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