Vertical Aerospace Ltd. (NYSE:EVTL ) Full Year 2024 Earnings Conference Call March 11, 2025 8:30 AM ET Company Participants Charlotte Cowley – Director-Strategic Finance Stuart Simpson – Chief Executive Officer Si Davies – Chief Test Pilot Conference Call Participants Savi Syth – Raymond James Austin Moeller – Canaccord Genuity Edison Yu – Deutsche Bank Sameer Joshi – H.C.
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, has successfully completed the second stage of piloted thrustborne testing of its full scale VX4 prototype. The company is now preparing for a new chapter in its history, with the VX4 entering the penultimate phase of flight testing: wingborne flight. This phase will mark a defining moment in the VX4's development, pushing beyond the lim.
After losing some value lately, a hammer chart pattern has been formed for Vertical Aerospace (EVTL), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
LONDON & NEW YORK--(BUSINESS WIRE)--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 immediate effect. Mr. Slattery brings over three decades of global aviation industry expertise to Vertical and rejoins the Board having previously served as Chairman from January 2022 to August 2023 during which time Vertical built its industry leadi.
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering electric aviation, has taken another significant step in its testing programme by successfully completing its first piloted thrustborne flight manoeuvres. The milestone was achieved after the business received approval from the UK Civil Aviation Authority (CAA) to expand its Permit to Fly, enabling Vertical to progress from p.
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering electric aviation, has entered into definitive documents and received shareholder approval for a transaction that includes up to $50 million in new committed funding. Today's announcement marks the significant advancement of the agreement in principle, announced in November, aimed at strengthening Vertical's balance sheet by.
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company pioneering electric aviation, today announced the signing of a term sheet among the Company, its majority shareholder Stephen Fitzpatrick, and its primary creditor Mudrick Capital Management. This term sheet secures a commitment to $50 million in new funding, strengthening Vertical's financial position. The funding will support the company's newly launched Flightpath 2030 St.
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants — ticker symbol EVTLW — to purchase 1/10th of an ordinary share of Vertical Aerospace Ltd. (the “Company”) from the NYSE. Trading in the warrants will be suspended immediately. Trading in the Company's ordinary shares — ticker symbol EVTL — will continue on the NYSE. NYSE Regulation has determined that the.
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company pioneering zero-emissions aviation, has seen its latest full scale VX4 prototype achieve piloted, untethered vertical take-off and landing for the first time as Phase 2 of its flight test programme begins. The VX4 prototype, powered by industry-leading battery packs delivering up to 1.4 MW of peak power, surpassed expectations in hover performance, control, and stability. Te.
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, today announces "Flightpath 2030," its strategy for market leadership before the end of the decade. As Vertical advances its piloted flight test programme, which has entered into Phase 2, "Flightpath 2030" sets a clear route for the company's journey from prototype to production. This strategic plan bu.