Key Takeaways Vertical Aerospace announced it would sell $60 million worth of shares at $5 each, sending shares tumbling. The ...

British firm Vertical Aerospace advances zero-emissions aviation with its VX4 aircraft that travels 100 miles per charge, ...

The flying taxi that's been ordered by American Airlines has completed its first test flight. The piloted test of the VX4 is the first in a series of planned tests, Vertical Aerospace said Monday.

Air taxi maker Vertical Aerospace said on Friday that American Airlines Group Inc has agreed to make pre-delivery payments for 50 electric vertical takeoff and landing (eVTOL) aircraft, lifting ...

Vertical Aerospace is developing an electric plane capable of taking up to four passengers on trips of at least 100 miles. Last year, American Airlines signed on as an interested customer, and ...

In the Offering, Vertical sold 12,000,000 ordinary shares at $5.00 per ordinary share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 ...

Despite a similar announcement with American Airlines back in July leading to a lot of the excitement in the major stock surge, Vertical Aerospace shows no signs the pre-delivery agreement ...

Source: Vertical Aerospace Q1'22 shareholder letter Vertical now has a diverse order book with airlines, aircraft lessors and a business aviation jet operator.

American Airlines-backed electric air taxi developer Vertical Aerospace has been approved for concurrent type certification by European and UK aviation regulators.

Vertical Aerospace had last year reported pre-orders for up to 1,350 aircraft worth US$5 billion from customers including American Airlines and Virgin Atlantic.

American made a $25 million investment in Vertical Aerospace. Last month, United Airlines similarly made a $10 million predelivery payment with Archer Aviation for 100 electric flying taxis.