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

The company will use the net proceeds for research and development, improving testing and certification, and general ...

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

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.

NYSE: EVTL], a global aerospace and technology company pioneering electric aviation, today announces that it expects to share a business update pre-market on Tuesday, 5 August.

To do this, Vertical Aerospace received regulatory approval in the form of a “Permit to Fly” from the Civil Aviation Authority ... American Airlines, Japan Airlines and Air Asia and recently announced ...

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, saw its VX4 eVTOL (e. ... American Airlines, ...

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 ...

vertical aerospace Delays Plague Vertical Aerospace eVTOL Certification The company, which has pushed its target to 2026, expects industrywide certification ‘timeline corrections.’ ...

Vertical has c.1,500 pre-orders of the VX4, with customers across four continents, including American Airlines, Japan Airlines, GOL and Bristow. Certain customer obligations are expected to be ...

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.

Vertical intends to use the net proceeds from the Offering to fund its research and development expenses as Vertical continues to develop its aircraft and its expenditures in the expansion of its ...