Vertical Aerospace (EVTL) Company Report

Vertical Aerospace Ltd. (EVTL) announced a long-term partnership with Evolito, effective February 4, 2026, for the supply of electric propulsion units (EPUs) for its commercial eVTOL aircraft, Valo.
Evolito's EPUs are designed to provide extended range, high performance, and built-in redundancy for Valo, with certification targeted for 2028.
Vertical and Evolito plan to jointly certify the EPUs with the UK Civil Aviation Authority (CAA) and concurrently validate with the European Union Aviation Safety Agency (EASA).
Vertical is also developing a hybrid-electric variant of Valo, integrating Evolito's EPUs, with flight testing scheduled to begin in mid-2026.

2 days ago

6-K

Vertical Aerospace Selects Evolito as Electric Propulsion Unit Partner for Valo

EVTL

New Projects/Investments

Product Launch

Vertical Aerospace has selected Evolito as its electric propulsion unit (EPU) partner for its commercial eVTOL aircraft, Valo.
Evolito will supply the EPUs, including electric motors and power electronics, with certification for Valo targeted for 2028.
This partnership adds Evolito to a list of key suppliers for Valo, which already includes Honeywell, Syensqo, and Aciturri, strengthening the aircraft's path to commercialization.
Vertical is also developing a hybrid-electric variant of Valo, integrating Evolito's EPUs, with flight testing scheduled for mid-2026.
Valo currently has approximately 1,500 pre-orders from customers across four continents, including American Airlines and Japan Airlines.

2 days ago

Press Release

Vertical Aerospace Signs New Customer JetSetGo for Valo Aircraft in India

EVTL

New Projects/Investments

Vertical Aerospace (EVTL) has signed a Memorandum of Understanding (MoU) with JetSetGo, an Indian private aviation operator, for the intended purchase of 50 Valo aircraft.
The agreement establishes a strategic collaboration to develop Advanced Air Mobility (AAM) services in India, focusing on route networks, operating models, and regulatory engagement for electric and hybrid-electric aircraft.
JetSetGo will lead market research and operational planning for metro and short-haul regional routes in India, utilizing the Valo platform, particularly its future long-range hybrid-electric variant.
Vertical is targeting type certification of Valo by 2028 under UK and European regulators, with global validations to follow.

2 days ago

Press Release

Vertical Aerospace Ltd. Calls EGM to Vote on Authorized Share Capital Increase

EVTL

Proxy Vote Outcomes

Vertical Aerospace Ltd. (EVTL) has called an Extraordinary General Meeting (EGM) for January 20, 2026, to consider and pass resolutions related to an increase in its authorized share capital.
The company proposes to increase its authorized share capital from US$210,000 to US$1,010,000, which would raise the number of ordinary shares from 200,000,000 to 1,000,000,000, each with a par value of US$0.001.
The Board of Directors unanimously recommends shareholders approve this increase, stating it will provide the company with increased flexibility for future corporate needs and anticipated share issuances.
Only shareholders of record as of the close of business on December 29, 2025, are eligible to receive notice of and vote at the EGM.

Dec 29, 2025, 11:02 AM

6-K

Vertical Aerospace Progresses Towards Full Piloted Transition Flight

EVTL

New Projects/Investments

Vertical Aerospace's full-scale prototype has completed ten flights since receiving its Permit to Fly on November 13, 2025, successfully expanding the majority of the transition envelope.
The company anticipates achieving full piloted transition in early 2026 and has been granted additional regulatory privileges by the UK Civil Aviation Authority (CAA) to approve Flight Conditions and issue its own Permits to Fly.

Dec 19, 2025, 2:49 PM

Press Release

Vertical Aerospace Unveils New Valo eVTOL Aircraft

EVTL

Product Launch

New Projects/Investments

Vertical Aerospace Ltd. (EVTL) unveiled Valo, its new commercial eVTOL aircraft, on December 10, 2025, which is designed to succeed the VX4 prototype.
Valo is targeting airliner-level safety certification in 2028 before entering service, and it is engineered to fly up to 100 miles at speeds of up to 150 mph with zero operating emissions.
The aircraft features a premium cabin for up to 6 passengers and the largest cargo hold in its class, with approximately 1,500 pre-orders already secured.
Vertical Aerospace will build seven certification aircraft in the UK to support final testing, marking the UK's return to commercial aircraft manufacturing.

Dec 10, 2025, 11:00 AM

6-K

Vertical Aerospace Announces UK Electric Air Taxi Network with Skyports and Bristow

EVTL

New Projects/Investments

Product Launch

Vertical Aerospace, in partnership with Skyports Infrastructure and Bristow Group, announced plans to launch the UK's first electric air-taxi network starting in Q1 2029.
The proposed routes, including Canary Wharf to Heathrow, Gatwick, Cambridge, and Oxford, aim to significantly reduce travel times, such as cutting a typical Canary Wharf-to-Heathrow transfer to 12 minutes by air.
This collaboration integrates Vertical's newly unveiled Valo eVTOL aircraft, Skyports' infrastructure, and Bristow's operational expertise.
The Valo aircraft is a piloted, four-passenger Electric Vertical Take-Off and Landing (eVTOL) aircraft designed to fly up to 100 miles at up to 150 mph with zero operating emissions.
Vertical Aerospace has approximately 1,500 pre-orders for Valo and targets producing 175 aircraft by 2030, ramping to 225+ annually by Q4 2030.

Dec 10, 2025, 12:05 AM

Press Release

Vertical Aerospace Secures Long-Term Syensqo Deal for VX4 Composites

EVTL

New Projects/Investments

Vertical Aerospace has entered into a long-term supply partnership with Syensqo to integrate advanced composite and adhesive materials across the entire structure of its VX4 electric vertical take-off and landing (eVTOL) aircraft.
Syensqo's materials will be used on critical parts such as the wing, empennage, pylons, and fuselage, supporting the VX4's durability and structural efficiency.
The VX4's airframe will be manufactured by Aciturri, a leading global aerostructures supplier, facilitating Vertical Aerospace's transition toward full commercial production.
The company targets certification for the VX4 by 2028.
Vertical Aerospace currently has no revenues but significant losses, reflecting its developmental stage.

Dec 8, 2025, 8:07 AM

Morningstar

Vertical Aerospace Insiders and Majority Shareholder Increase Stakes

EVTL

Share Buyback

New Projects/Investments

Vertical Aerospace's Board of Directors and senior leadership team increased their aggregate holdings of ordinary shares by approximately 50% through open-market purchases in November 2025.
Mudrick Capital Management, LP, the company's majority shareholder, also increased its position by 350,000 shares via open-market purchases since November 24, 2025.
These share purchases underscore leadership's strong confidence in the company's long-term value creation and upcoming milestones, including the completion of Phase 4 Transition Flight and the unveiling of its new full-size aircraft on December 10, 2025.
Company founder Stephen Fitzpatrick's directly held shares decreased significantly, representing less than 0.4% of the company's ordinary shares as of November 28, 2025, down from approximately 15% on January 1, 2025.

Dec 1, 2025, 12:00 PM

6-K

Vertical Aerospace Receives Permit to Fly and Commences Final Phase of VX4 Flight Testing

EVTL

New Projects/Investments

Product Launch

Vertical Aerospace (EVTL) has received its Permit to Fly from the UK Civil Aviation Authority (CAA), enabling the commencement of 'Phase 4 – Transition' flight testing for its VX4 prototype.
This phase, the final stage of the VX4 prototype flight-test program, involves the aircraft seamlessly shifting between hover and wingborne flight.
The first flight of this critical phase occurred on November 13, 2025, and the company remains on track to complete transition testing by the end of 2025.

Nov 13, 2025, 12:07 PM

Press Release