Vertical is already working with a new, as yet unidentified, actuator developer for the production Velo.
Credit: Vertical Aerospace
The decision by South Korea’s Hanwha Aerospace to terminate a contract to supply actuators to electric air taxi developer Vertical Aerospace was mutually agreed to and a new supplier is onboard, the UK startup says. Hanwha revealed in an Aug. 2 regulatory filing that it had canceled the 455 billion...
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