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.
IPO Year: 2021
Exchange: NYSE
Website: https://www.vertical-aerospace.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/27/2025 | $15.00 | Buy | D. Boral Capital |
2/7/2025 | $12.00 | Buy | H.C. Wainwright |
7/23/2024 | $1.00 → $1.50 | Hold → Buy | Deutsche Bank |
6/9/2023 | $2.00 | Hold | Canaccord Genuity |
7/27/2022 | Mkt Perform | Raymond James | |
4/11/2022 | $9.00 | Hold | Deutsche Bank |
1/18/2022 | $7.00 | Underweight | Barclays |
Vertical Aerospace (Vertical) (NYSE:EVTL) ("Vertical" or the "Company"), a global aerospace and technology company that is pioneering electric aviation, today announces the closing of its previously announced underwritten public offering (the "Offering") for total gross proceeds of $60 million, before deducting underwriting discounts and commissions and other offering expenses. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250711134179/en/The piloted VX4 prototype during recent flight testing In the Offering, Vertical sold 12,000,000 ordinary shares at $5.00 per ordinary share. In addition, the Company has granted the underwrit
Vertical Aerospace (Vertical) (NYSE:EVTL) ("Vertical" or the "Company"), a global aerospace and technology company that is pioneering electric aviation, today announced that it has priced its underwritten public offering of $60 million of the Company's ordinary shares at a public offering price of $5.00 per ordinary share (the "Offering"). In connection with the Offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 ordinary shares. The Offering is expected to close on or about July 10, 2025, subject to customary closing conditions. Deutsche Bank Securities and William Blair are acting as joint bookrunners for the Offering. Vertical
Vertical Aerospace (Vertical) (NYSE:EVTL) ("Vertical" or the "Company"), a global aerospace and technology company that is pioneering electric aviation, today announced that it has commenced an underwritten public offering of $60 million of the Company's ordinary shares (the "Offering"). In connection with the Offering, the Company has granted the underwriters a 30-day option to purchase up to an additional $9 million of ordinary shares. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. Deutsche Bank Securities and William Blair are acting as joint bo
Mark Higson joins as Chief Operating Officer, Steve Vellacott joins as VP, Airworthiness & Head of Design Organisation, and Eric Samson named VP Programme-Hybrid Strengthened leadership team will support operational, commercial, and technological advancements as Vertical accelerates towards global certification and commercialisation Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering electric aviation, today announced the addition of key executives to its leadership team as the Company accelerates through its Flightpath 2030 goals. Stuart Simpson, CEO of Vertical Aerospace, said: "These appointments further reinforce our leadershi
Vertical Aerospace Ltd. ("Vertical" or the "Company") (NYSE:EVTL), a global aerospace and technology company pioneering electric aviation, today announces it will hold its Annual General Meeting ("AGM") at 3:00 pm GMT on August 5, 2025 at their Bristol Headquarters, Unit 1, Camwal Court, Chapel St, Bristol BS2 0UW, United Kingdom. Shareholders are invited to consider proposals detailed in the Company's circular to shareholders, providing notice of the AGM to the Company's shareholders, and including a letter to the Company's shareholders and a form of proxy card in connection with the proposals sought to be adopted by the AGM, which is attached as an exhibit to a current report on Form 6-
Strategic partnership will accelerate global eVTOL adoption by combining Vertical's category leading aircraft with Bristow's global vertical lift operational and safety track record and experience "Ready-to-fly" model provides Vertical's customers with turnkey access to aircraft, pilots, maintenance, and insurance – lowering barriers to entry Bristow places pre-order for up to 50 VX4, with option to purchase up to 50 more Companies exploring Maintenance, Repair and Overhaul (MRO) services, including battery swapping and field maintenance solutions Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company pioneering electric aviation, and Bristow Group
Former MI5 Director General and Lord Chamberlain brings extensive experience of working at the highest levels of public service Appointment follows Vertical's announcement of its hybrid-electric programme and comes as the Government sets out its Strategic Defence Review Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering electric aviation, today announced the appointment of Lord Andrew Parker to its Board of Directors, strengthening the company's leadership in defence, national security, and government affairs. The appointment is effective as of 2 June 2025. This press release features multimedia. View the full release here: https
First-ever piloted wingborne flight of a winged eVTOL in European open airspace Landmark flight follows approval from the UK Civil Aviation Authority, an important step on its path toward certification and commercial operation 30,000 in-flight parameters and data points measured, with the aircraft flying as expected On track to complete piloted transition flight in 2H 2025 Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering electric aviation, today announced it has made European aviation history with the first-ever piloted wingborne flight of a winged electric vertical take-off and landing (eVTOL) aircraft in open airspace. T
On pace to achieve full-scale, piloted wingborne flight with all-electric prototype in Q2 Announces 1,000-mile hybrid-electric VTOL programme to serve defence, logistics and wider commercial applications Signs new long-term partnership with Honeywell to certify and produce critical elements of the VX4's flight control and aircraft management systems Board strengthened with three new directors with deep capital markets expertise Maintains industry-leading capital efficiency1 Q1 2025 results call today at 08:30 am ET (13:30 BST) Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering electric aviation, today provided an operating u
Integrating hybrid-electric propulsion capabilities into Vertical's next-generation aircraft prototype, unlocking multi-billion-dollar opportunities including defence, logistics and wider commercial applications Actively discussing use cases and defence special mission applications with government agencies and potential customers New long-range variant will be adapted from the all-electric VX4, targeted for certification to the highest safety standards in 2028 Uniquely positioned to capture deep share of global market with exportable, scalable offering Vertical Aerospace ("Vertical") (NYSE:EVTL) today announced it is developing a hybrid-electric vertical-take-off-and landing (VTOL)
D. Boral Capital initiated coverage of Vertical Aerospace Group with a rating of Buy and set a new price target of $15.00
H.C. Wainwright initiated coverage of Vertical Aerospace Group with a rating of Buy and set a new price target of $12.00
Deutsche Bank upgraded Vertical Aerospace Group from Hold to Buy and set a new price target of $1.50 from $1.00 previously
Canaccord Genuity initiated coverage of Vertical Aerospace Group with a rating of Hold and set a new price target of $2.00
Raymond James initiated coverage of Vertical Aerospace Group with a rating of Mkt Perform
Deutsche Bank initiated coverage of Vertical Aerospace Group with a rating of Hold and set a new price target of $9.00
Barclays initiated coverage of Vertical Aerospace with a rating of Underweight and set a new price target of $7.00
Former MI5 Director General and Lord Chamberlain brings extensive experience of working at the highest levels of public service Appointment follows Vertical's announcement of its hybrid-electric programme and comes as the Government sets out its Strategic Defence Review Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering electric aviation, today announced the appointment of Lord Andrew Parker to its Board of Directors, strengthening the company's leadership in defence, national security, and government affairs. The appointment is effective as of 2 June 2025. This press release features multimedia. View the full release here: https
On pace to achieve full-scale, piloted wingborne flight with all-electric prototype in Q2 Announces 1,000-mile hybrid-electric VTOL programme to serve defence, logistics and wider commercial applications Signs new long-term partnership with Honeywell to certify and produce critical elements of the VX4's flight control and aircraft management systems Board strengthened with three new directors with deep capital markets expertise Maintains industry-leading capital efficiency1 Q1 2025 results call today at 08:30 am ET (13:30 BST) Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering electric aviation, today provided an operating u
James Keith Brown, Kris Haber, and Carsten Stendevad join Vertical's Board of Directors New directors bring business development expertise, a deep understanding of capital markets, and experience scaling growth-stage companies Appointments build on recent steps to strengthen Vertical's Board as the company seeks to capitalise on its recent progress and accelerates towards certification and commercialisation Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering electric aviation, today announce the appointment of three highly-accomplished executives to its Board. The new Board members will support driving Vertical's financial and comme
Former Volocopter Chief Test Pilot, with over 28 years flight test experience, joins Vertical Vertical now among the few eVTOL companies in the world with multiple test pilots to have flown full-scale eVTOLs His appointment comes at a pivotal moment as Vertical advances its piloted flight test programme and begins assembly of a third full-scale prototype to increase flight test capabilities Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering electric aviation, is today announcing the appointment of Paul Stone as a Test Pilot. His arrival makes Vertical one of the very few eVTOL companies in the world to have two test pilots with exp
Mr. Slattery brings over three decades of aviation expertise including founding and scaling two of the leading global aviation finance firms: Avolon and SMBC Aviation Dómhnal rejoins Vertical's Board having previously led the business in building its industry leading order book and listing on the New York Stock Exchange Vertical announces Chair appointment as it continues to deliver against its Flightpath 2030 strategy to lead the eVTOL sector by the end of the decade Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering electric aviation, announces the appointment of Dómhnal Slattery as Chairman of its Board of Directors with imme
Vertical Issues Shareholder Letter Vertical Aerospace Ltd. ("Vertical" or the "Company") (NYSE:EVTL, EVTLW))), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the first half of the year ended June 30, 2024. Vertical has also issued a shareholder letter in conjunction with the filing of its first half-year results, which is posted to its investor relations website at investor.vertical-aerospace.com. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240917135638/en/The new VX4 prototype, which has completed Phase 1 of piloted flight tests. (Photo: Business Wire)
Stuart Simpson, Vertical Aerospace's CFO and seasoned FTSE100 executive, appointed to CEO as company moves to pivotal phase of certifying its VX4 aircraft and commercialisation. Founder and current CEO, Stephen Fitzpatrick, continues his role as Board member, focused on business strategy and delivering on the company's vision. Ben Story, who brings 30 years of fundraising, business strategy and leadership experience from roles at Rolls-Royce, Citi and Transport for London, appointed to Vertical's Board. Vertical Aerospace Ltd. ("Vertical" or the "Company") (NYSE:EVTL, EVTLW))), a global aerospace and technology company that is pioneering zero emission aviation, has made several l
Company Issues Shareholder Letter Vertical Aerospace Ltd. ("Vertical" or the "Company") (NYSE:EVTL, EVTLW))), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the six months ended June 30, 2023. The Company has also issued a shareholder letter in conjunction with the filing of its first half-year results, which is posted to its investor relations website at investor.vertical-aerospace.com. Stephen Fitzpatrick, Vertical Founder and CEO, said: "We have seen fantastic momentum at Vertical in the first half of 2023 across our testing, certification, and commercial efforts. We have conducted our first untethered flight
John brings thirty years' experience of senior executive roles in large, international companies, most recently as CEO of Ferguson plc (formerly Wolseley plc), the FTSE 100 distribution business John has served as CFO of Wolseley plc, Hays plc and Travelex Group, and is currently non-executive director of Ocado Group plc Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering zero-emissions aviation, today announces it has strengthened its executive leadership team with the appointment of John Martin as Chief Financial Officer (CFO). John joins Vertical after a successful thirty year career in senior operational and financial management r
David brings over thirty years' unparalleled experience in the aerospace engineering sector, having previously held senior roles at Leonardo and Bell At Vertical, David will be responsible for the technical development and overall performance of Vertical's electric aircraft, the VX4 Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering zero-emissions aviation, today announces it has further strengthened its executive leadership team with the appointment of David King as Chief Engineer. David joins in February 2023 and will be responsible for the technical development and overall performance of the Vertical's VX4 electric aircraft, super
Vertical Aerospace Ltd. ("Vertical" or the "Company") (NYSE:EVTL), a global aerospace and technology company pioneering electric aviation, today announces it will hold its Annual General Meeting ("AGM") at 3:00 pm GMT on August 5, 2025 at their Bristol Headquarters, Unit 1, Camwal Court, Chapel St, Bristol BS2 0UW, United Kingdom. Shareholders are invited to consider proposals detailed in the Company's circular to shareholders, providing notice of the AGM to the Company's shareholders, and including a letter to the Company's shareholders and a form of proxy card in connection with the proposals sought to be adopted by the AGM, which is attached as an exhibit to a current report on Form 6-
Vertical Aerospace (Vertical) (NYSE:EVTL), a global aerospace and technology company that is pioneering zero emission aviation, announces that it expects to share a business update pre-market on Tuesday, 13 May. Vertical will host a webcast at 08:30 am ET (13:30 BST) the same day to discuss the update. The call will be hosted by Stuart Simpson, Vertical's CEO and he will be joined by other members of the leadership team. To access the webcast, visit Vertical's Investor Relations website: https://investor.vertical-aerospace.com/events-and-presentations/events/. If unable to attend the webcast, to listen by phone, please dial +1 (646) 307-1963 or +1 800 715-9871; Conference ID 5515222. A r
Vertical Aerospace Ltd. ("Vertical" or the "Company") (NYSE:EVTL, EVTLW))), a global aerospace and technology company that is pioneering zero emission aviation, announces it will hold its Annual General Meeting (AGM) at 12:30pm London Time on September 16th 2024 at their Bristol Headquarters, Unit 1, Camwal Court, Chapel St, Bristol BS2 0UW. Shareholders are invited to consider several proposals detailed in the Company's circular to shareholders, providing notice of the AGM to the Company's shareholders, and including a letter to the Company's shareholders and a form of proxy card in connection with the proposals sought to be adopted by the AGM, which is attached as an exhibit to a curren
- Partnership includes Avolon, Corporación América Airports, GOL, Grupo Comporte and Vertical Aerospace - Partnership will explore infrastructure requirements to make eVTOL operations a reality in Brazil this decade A partnership of global leaders in aviation and airports announces its intention to explore the infrastructure requirements to bring eVTOL passenger flight to Brazil within this decade. The partnership includes: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220602005460/en/Partnership between Avolon, Corporación América Airports, GOL, Grupo Comporte and Vertical Aerospace will explore and define vertiport design an
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