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

Honeywell

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Rolls-Royce

Kouros

M12 - Microsoft's Venture Fund

40 North Ventures

American Airlines

Avolon Holdings

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
revenue	70K -	87K 24.29%	132K 51.72%
cost of revenue	66K -	44K 33.33%	64K 45.45%
gross profit	4K -	43K 975%	68K 58.14%
selling and marketing expenses					688 -
general and administrative expenses	2.70M -	3.90M 44.70%	264.37M 6,671.72%	54.89M 79.24%	38.34K 99.93%
selling general and administrative expenses	2.70M -	3.90M 44.70%	264.37M 6,671.72%	54.89M 79.24%	40.90K 99.93%
research and development expenses	5.15M -	9.97M 93.50%	24.29M 143.62%	49.13M 102.25%	65.37K 99.87%
other expenses	-399K -	-2.32M 480.70%	-11.35M 389.94%	-5.91M 47.93%
cost and expenses	7.52M -	11.60M 54.32%	277.37M 2,290.72%	98.11M 64.63%	69.60K 99.93%
operating expenses	7.45M -	11.56M 55.10%	277.31M 2,299.26%	98.11M 64.62%	69.60K 99.93%
interest expense	46K -	802K 1,643.48%	560K 30.17%	15.04M 2,585.71%
ebitda	-7.12M -	-10.84M 52.15%	-276.29M 2,449.23%	-95.42M 65.46%	-101.06K 99.89%
operating income	-7.45M -	-11.52M 54.61%	-277.24M 2,307.63%	-98.11M 64.61%	-101.95K 99.90%
depreciation and amortization	325K -	677K 108.31%	953K 40.77%	2.69M 182.16%	892 99.97%
total other income expenses net	-66K -	-807K 1,122.73%	32.02M 4,067.16%	3.73M 88.34%	19.34K 99.48%
income before tax	-7.51M -	-12.32M 63.99%	-245.22M 1,890.13%	-94.38M 61.51%	-82.61K 99.91%
income tax expense	-30K -	4K 113.33%	560K 13,900%	-18.27M 3,361.61%	22.66K 100.12%
net income	-7.48M -	-12.33M 64.70%	-245.78M 1,894.03%	-76.11M 69.03%	-59.95K 99.92%
weighted average shs out	120.00M -	120.00M 0%	124.13M 3.44%		191.25K -
weighted average shs out dil	120.00M -	120.00M 0%	124.13M 3.44%		191.25K -
eps	-0.06 -	-0.10 60.26%	-1.98 1,880.00%	0 100%	-0.31 Infinity%
epsdiluted	-0.06 -	-0.10 60.26%	-1.98 1,880.00%	0 100%	-0.31 Infinity%

COM:VERTICAL-AEROSPACE

Vertical Aerospace Ltd.

Last Close

4.80

22/11 21:00

Market Cap

193.97M

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