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Vertical Aerospace (NYSE: EVTL) — Company Overview, News & Financial Data

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Company profile

Vertical Aerospace

Vertical Aerospace (NYSE:EVTL) specializes in developing electric vertical takeoff and landing aircraft (eVTOL), aiming to revolutionize urban air mobility (UAM). The company is focused on creating environmentally friendly, efficient aircraft to offer a new mode of city-to-city transportation, reducing urban congestion and emissions. Vertical Aerospace's projects include the development of the VA-X4, an eVTOL aircraft designed to carry passengers quietly and safely over dense urban areas. Objectives include securing regulatory certifications, partnering with leading aerospace and technology companies, and launching commercial operations to transform short-haul travel. Vertical Aerospace's innovative approach to aviation technology positions it as a key player in the future of urban transportation.

Snapshot

Public USOwnership
2016Year founded
371Employees
Bristol, United KingdomHead office
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Global footprint

Operations

Products and/or services of Vertical Aerospace

  • VA-X4: An electric vertical takeoff and landing aircraft (eVTOL) designed for urban air mobility, targeting zero emissions and a quiet flight experience.
  • Pilot Training Program: Developing comprehensive training for pilots to safely operate eVTOL aircraft, emphasizing the transition to electric aviation.
  • Aircraft Maintenance Solutions: Creating sustainable and efficient maintenance programs for eVTOL fleets, focusing on safety and longevity.
  • Urban Air Mobility Ecosystem Development: Working with cities and regulators to build the infrastructure and regulatory framework for urban air mobility.
  • Advanced Battery Technology: Innovating in battery technology to extend the range and efficiency of electric aircraft.
  • Partnerships with Airlines and Airports: Collaborating with leading airline and airport operators to integrate eVTOL services into existing transportation networks.

Vertical Aerospace executive team

  • Stuart SimpsonCEO & Executive Director
  • John MaloneyPrincipal Financial & Accounting Officer
  • Stephen FitzpatrickFounder
  • Mark Vincent HigsonChief Operating Officer
  • Michael CervenkaChief Commercial, Strategy & Technology Officer
  • Juan Carlos SacristanChief Data & Information Officer
  • Samuel EmdenHead of Investor Affairs
  • Sanjay VermaChief Legal & Corporate Affairs Officer
  • Justin BatesHead of Communications
  • Ollie RobertsChief People Officer

Key financials

Reported results for Vertical Aerospace, in GBP.

Market cap
72M
Revenue (TTM)
0
P/E ratio
—
EPS (diluted, TTM)
-0.5
Dividend yield
—
Profit margin
0.0%
Vertical Aerospace annual revenue and income
Fiscal year endRevenueOperating incomeNet income
0-127.4M232.9M
0-61.2M-781.2M
0-101.9M-59.9M
0-98.1M-94.4M