Vertical Aerospace Ltd. engages in designing, manufacturing, and selling electric aircraft. It offers VX4, an electric vertical take-off and landing vehicle. The company was founded in 2016 and is headquartered in Bristol, the United Kingdom.

Vertical Aerospace Ltd.

Vertical is a British aerospace tech company that's pioneering electric aviation through designing and building the UK's first all-electric, vertical take-off and landing aircraft (eVTOL). A quieter, faster, more sustainable way to travel between urban destinations. 

The way forward, is up.

Mudrick Capital Management

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Vertical Aerospace

Lift off!  

We’re delighted to announce that Vertical has successfully flown our full-scale electric aircraft at Cotswold Airport, reaching our target speed of 40kts (just over 40mph or 70 kmh) through a series of rigorous, remotely-piloted ‘thrustborne’ test flights. The only full-scale eVTOL aircraft in the UK, the VX4 lifted, hovered, flew and landed, powered solely by the cutting-edge battery-powered propulsion system.  

This is a very proud moment and a huge milestone for Vertical and our team, whose enormous dedication and hard work has made this possible. We’d also like to thank Civil Aviation Authority for their support over the flight test campaign, and our industrial partners for their shared belief and vision in the future of electric aviation.  
 
We are planning further flight tests over the coming months which we will continue to share, as well as developing our second prototype aircraft which will feature even more advanced technology.  
Watch the video below:  
#VerticalAerospace #ThrustborneFlight #VX4

3 prototypes. 300+ people. Thousands of hours of dreaming, designing, testing, building, manufacturing.

In our final approach towards the assembly of our second VX4 aircraft, we're reminded of the progress and work that has brought us to this point.

Building on our lessons from all three previous flying prototypes, AC2 will be our most advanced aircraft yet.

Vertical has been awarded £8 million ($10 million) in grant funding by the UK Government, through the Aerospace Technology Institute (ATI) Programme, to develop our next-generation propellers for the VX4 eVTOL aircraft.  

This R&D project is a groundbreaking step towards the next generation of propeller technologies that will operate with low noise, high loads and the highest safety standards. We’re proud to be leading a consortium of world-leading academic institutions to help us research, design and develop the propellers including the University of Glasgow, the University of Bristol and Cranfield University, and Helitune.  

The project is the fourth awarded to Vertical by the ATI Programme and brings total UK Government grant funding to £37 million ($47 million). 

Read more below.

#eVTOL #VX4

✈️ BUILD MILESTONE ✈️

The wing has been successfully attached to Aircraft 2, our advanced second-generation aircraft being built at GKN Aerospace’s Global Technology Centre in Bristol.

The manufacture is rapidly progressing, with further upcoming milestones to be announced.

We were thrilled to host a successful Supply Chain Community event at GKN Aerospace's GTC this past Wednesday, with a fantastic turnout of 45 representatives from 26 leading companies in attendance. 

Our senior team Jenny Harcourt, Eduardo Dominguez Puerta and David King gave updates on the progress of our prototypes, thanking our partners for their support and collaboration, with an opportunity to see the AC2 being built at the facility. 

Vertical’s chief test pilot Justin Paines outlined the exciting flight test campaigns for our second-generation prototype aircraft (AC2) and our intended plans for the Farnborough Air Show in July 2024. 

Thank you to everyone who attended and contributed to making this event a resounding success!

Round-the-clock action is fully underway in building our advanced, second-generation VX4 aircraft at our manufacturing facility at GKN Aerospace’s Global Technology Centre.

Key components are arriving daily, as we gear up towards spring flight tests.

The build team are expertly navigating the installation of thousands of components, all of which have been designed to produce Vertical's most effective aircraft yet.



#VX4 #eVTOL 
#aerospacemanufacturing

Everyday journeys. Elevated. 

London, one of our home cities, is where the VX4 will fly. We're working to connect Londoners with Heathrow, one of the world's busiest airports. You'll avoid congestion and navigate key transport hubs quickly; the convenience of a taxi, but speedier. 

With a cruise speed of up to 150mph, the VX4 will be the ultimate A to B. 

Where would you love to see our electric aircraft fly? Let us know in the comments below! 👇

#eVTOL #AAM #futureofflight

Welcome to our new online home.

We've recently refreshed our website and brand to showcase Vertical and our brilliant aircraft.

Explore the site to get to know the VX4 and learn more about Vertical here: vertical-aerospace.com


A huge thanks to all involved, especially Fiasco Design

Today we’re announcing a $50 million of committed funding into Vertical from our Founder and CEO, Stephen Fitzpatrick. This follows a successful 2023 where the business achieved several ambitious goals and technical milestones, including flying our thrustborne test campaign, receiving our DOA from the CAA, and building a complete battery powertrain with Molicel cells at our Vertical Energy Centre.   
 
The new investment will support the development of our certification aircraft into 2025, as we near the completion of our significantly enhanced second-generation VX4 prototype that is being built at our partner GKN Aerospace's Global Technology Centre.   
 
The UK has a rich history in aviation, and with our world-class team, industrial partners and continued support from regulators we remain on track to deliver a transformational aircraft that will pioneer electric aviation. With flight tests resuming from the spring, and intended public demonstrations across the summer, we can’t wait to show the world what the VX4 can do.   
 
Read the full story here: https://lnkd.in/ezRBKsKB

Hacia un futuro más sostenible

Hemos comenzado 2024 sumando otro importante hito para nuestra compañía. Hemos firmado un memorando de entendimiento (MOU) con Vertical Aerospace, empresa pionera en el mundo en la implementación de aeronaves eléctricas de despegue y aterrizaje vertical (eVTOL).

Los eVTOL (Electric Vertical Take-Off and Landing, por sus siglas en inglés) son un nuevo modelo innovador de transporte aéreo, parecido a un helicóptero en diseño y tamaño, pero que utilizan una tecnología sostenible, ya que su principal fuente de energía es la eléctrica. Este futuro modelo de transporte, que cada vez está más cerca del presente, ofrecerá una alternativa, sostenible, silenciosa y asequible para que podamos movernos en tramos cortos y de una forma responsable, una vez hayamos llegado a nuestro destino.
Con este acuerdo, nuestra aerolínea demuestra una vez más su compromiso por un futuro más sostenible, ya que la utilización de la energía eléctrica en la aviación evitará la emisión de gases contaminantes y reforzará la apuesta por el consumo de energía limpia.

#ElVueloQueSueñas #Iberojet #Aerolínea #SomosÁvoris
Ávoris Corporación Empresarial

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
account payables	703K -	846K 20.34%	6.71M 693.74%	4.45M 33.67%	3.73M 16.34%
accumulated other comprehensive income loss		-938K -	-186.81M 19,815.67%	-249.90M 33.77%	86.76M 134.72%
cash and cash equivalents	1.03M -	839K 18.46%	212.66M 25,246.84%	62.93M 70.41%	48.68M 22.64%
cash and short term investments	1.03M -	839K 18.46%	212.66M 25,246.84%	122.81M 42.25%	48.68M 60.36%
common stock			16K -	16K 0%	17K 6.25%
deferred revenue			33.51M -		13.14M -
deferred revenue non current
deferrred tax liabilities non current
goodwill	1.47M -	1.47M 0%	1.47M 0%
goodwill and intangible assets	2.06M -	2.03M 1.46%	4.21M 107.29%	2.05M 51.33%	1.02M 50.29%
intangible assets	587K -	557K 5.11%	2.73M 391.02%	2.05M 25.12%	1.02M 50.29%
inventory
long term debt	947K -	846K 10.67%	1.58M 86.76%	2.65M 67.41%	1.98M 25.26%
long term investments
net debt	137K -	6.49M 4,637.96%	-210.72M 3,346.31%	-59.77M 71.64%	-46.06M 22.93%
net receivables	1.14M -	2.80M 146.39%	6.09M 117.47%	11.70M 92.13%	21.35M 82.57%
other assets
other current assets
other current liabilities	668K -	1.56M 133.38%	10.73M 588.26%	16.54M 54.13%	907K 94.52%
other liabilities
other non current assets	-1K -			-2K -
other non current liabilities	607K -	88K 85.50%	118.87M 134,978.41%	119.77M 0.75%	113.47M 5.26%
othertotal stockholders equity		5.05M -	498.48M 9,761.07%	257.20M 48.40%	257.70M 0.20%
preferred stock				344.75M -
property plant equipment net	2.75M -	2.48M 9.61%	3.80M 53.10%	5.81M 52.85%	6.27M 7.93%
retained earnings		-5.05M -	-250.12M 4,848.03%	-344.75M 37.83%	-394.26M 14.36%
short term debt	219K -	6.48M 2,860.73%	362K 94.42%	516K 42.54%	643K 24.61%
short term investments				59.89M -
tax assets
tax payables		207K -	7.14M 3,351.69%	857K 88.01%	981K 14.47%
total assets	7.31M -	8.88M 21.61%	233.33M 2,526.10%	151.24M 35.18%	84.08M 44.40%
total current assets	2.50M -	4.37M 74.91%	225.32M 5,054.84%	143.38M 36.37%	76.79M 46.44%
total current liabilities	1.59M -	8.89M 459.06%	51.32M 477.33%	21.51M 58.09%	18.42M 14.37%
total debt	1.17M -	7.33M 528.64%	1.94M 73.51%	3.16M 62.77%	2.62M 17.11%
total investments				59.89M -
total liabilities	3.14M -	9.82M 212.44%	171.77M 1,648.63%	143.92M 16.21%	133.86M 6.99%
total liabilities and stockholders equity	7.31M -	8.88M 21.61%	233.33M 2,526.10%	151.24M 35.18%	84.08M 44.40%
total non current assets	4.81M -	4.51M 6.10%	8.01M 77.47%	7.86M 1.90%	7.29M 7.21%
total non current liabilities	1.55M -	934K 39.90%	120.45M 12,796.04%	122.41M 1.63%	115.45M 5.69%
total stockholders equity	4.16M -	-938K 122.54%	61.56M 6,663.01%	7.32M 88.11%	-49.78M 780.23%

COM:VERTICAL-AEROSPACE

Vertical Aerospace Ltd.

Last Close

4.80

22/11 21:00

Market Cap

193.97M

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Volume Today

69.25K

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