Vertical Aerospace

After the initial funding wave, investors grow leery of unfulfilled promises by startups.

The UK regulator also struck an agreement with the European Union Aviation Safety Agency to closely cooperate on type certification.

Vertical Aerospace has dropped plans to perform flight demonstrations at the Farnborough Airshow, citing a need to prioritize its flight test program.

Chief technology officer Michael Cervenka argues that the Bristol-based company can punch above its weight because of key decisions made early.

Rolls-Royce and Vertical Aerospace have agreed to exit their contract for the supply of electric propulsion units.

The AAM Stock Composite rose 4.3% last week, boosted by a better than 10% increase in EHang.

Uncrewed helicopter manufacturer and aerial intelligence company SwissDrones has secured $10 million in Series B funding.

The CEO of Lilium says the company may have to leave Germany if it cannot secure government funding for development and certification of its Lilium Jet.

Published on May 2, the UK Aircraft Accident Investigation Branch (AAIB) report confirms company statements immediately following the Aug. 9 incident.

Vertical Aerospace has announced the appointment of Stuart Simpson as new CEO, replacing founder Stephen Fitzpatrick, who will join the company’s board of directors.

A widening gap between the well-capitalized and poorly capitalized startups suggests that not all the publicly traded players will make it to entry into service

The AAM Stock Composite was mostly flat during the week ending April 5, logging a 0.75% increase compared to a 0.9% decrease in the S&P 500.

The AAM Stock Composite rose by around 9% during the week ending March 22, boosted by a continued rally in shares of EHang.

Certifying electric engines; Call for UK hydrogen funding; More eVTOLs for USAF; and the UK’s future flight road map.

UK startup Vertical Aerospace said it expects its second full-scale VX4 eVTOL vehicle prototype to be completed in “the coming weeks.”

Skyports Infrastructure is to develop the UK’s first vertiport testbed at Bicester Motion, a former Royal Air Force airfield in Oxfordshire.

Startup Vertical Aerospace has won an £8 million ($10 million) grant from the UK government to develop next-generation propellers for its VX4 eVTOL air taxi .

The AAM Stock Composite rose 6% during the week ending Feb. 9.

Uber Elevate co-founder says some companies are better positioned for success than others.

Aviation Week ranks the 15 leading companies in the nascent eVTOL market.

The AAM Stock Composite declined 2% during the week ending Jan. 26, underperforming major equity markets and building on a weak start to 2024.

Vertical Aerospace CEO Stephen Fitzpatrick took action this week to reassure viability of his company by committing up to $50 million in additional capital.

Vertical Aerospace has announced that its founder and CEO Stephen Fitzpatrick will invest a further $50 million in equity capital.

The AAM Stock Composite had a rocky start to the new year, slumping nearly 9% across the first four trading days of 2024.

The AAM Stock Composite rose 14% during 2023, in line with the Dow Jones Industrial Average’s performance.