Vertical Aerospace Ltd. develops electric vertical take-off and landing aircraft for the advanced air mobility market. Company news centers on Valo, its piloted four-passenger eVTOL aircraft, including prototype flight testing, transition-flight milestones, certification-focused development, manufacturing preparations, customer demand and supplier agreements for aircraft systems such as transparencies and electric propulsion units.
Updates also cover Vertical's financing activity, including equity raises, convertible financing facilities and liquidity measures used to fund aircraft development, testing, manufacturing capacity and certification work. Recurring disclosures describe its proprietary battery and propeller technology, aerospace supplier network and work with aviation regulators including the UK Civil Aviation Authority and European Union Aviation Safety Agency.
Vertical Aerospace (EVTL) appointed former Leonardo Helicopters US CEO Clyde M. Woltman to its Board of Directors, effective 5 October 2026.
Woltman previously led a $1 billion business at Leonardo Helicopters US, covering operations across the Americas and government and military sales programmes globally. He also held senior roles at Aerojet Rocketdyne and Pratt & Whitney, overseeing defence and aerospace programmes including the F135 propulsion system for the F-35. He is a retired U.S. Marine Corps Colonel.
The appointment follows Fabrice Brégier’s appointment as Board Chair. Vertical said it is progressing Valo towards certification and commercialisation while expanding its platform across hybrid-electric, autonomous and defence applications. Carsten Stendevad and James Keith Brown gave notice of their intention to resign as directors, effective 5 October 2026.
Vertical Aerospace (NYSE: EVTL) received a notice on September 9, 2026, that it does not meet the NYSE’s minimum share-price standard.
The standard requires a $1.00 average closing price over 30 consecutive trading days. Vertical has a six-month cure period and intends to regain compliance. The notice has no immediate listing effect; shares continue trading subject to other listing requirements. Vertical expects no impact on ongoing operations.
Vertical Aerospace (EVTL) opened a Valo assembly centre at Cotswold Airport to build aircraft for certification and early production. The £1.5 million investment adds 60,000 square feet of operational and aircraft assembly space, bringing Vertical's airport footprint to approximately 130,000 square feet. The centre will assemble aircraft for compliance testing as Vertical works with the UK Civil Aviation Authority toward its target of type certification in 2029.
Assembly of the first certification-conforming aircraft is expected to begin in Q4 2027. Following certification, the centre is expected to support initial customer deliveries and is designed to assemble more than 25 Valo aircraft annually during early production.
Vertical Aerospace (EVTL) initiated a review of strategic alternatives, including potential partnerships, and appointed Jefferies as financial advisor on September 24, 2026.
The review covers strategic and financial partnerships to support the next stage of development. Vertical recently secured approximately $100 million in new financing. In 2026, it completed a piloted transition flight in a full-scale tiltrotor electric vertical take-off and landing (eVTOL) aircraft, followed by five consecutive days of piloted transition demonstrations at Farnborough. Vertical remains on track to complete its Critical Design Review by year-end 2026. The review has no completion timetable, and no transaction or other outcome is assured.
Vertical Aerospace (EVTL) has appointed former Airbus Commercial Aircraft chief executive Fabrice Brégier as Chair of its Board of Directors, effective 21 September 2026.
Brégier brings more than 30 years of leadership across Airbus, Eurocopter, MBDA and Palantir Technologies, including overseeing development of the A350 programme and integration of European missile businesses. His appointment comes as Vertical focuses on certification and commercialisation of its all-electric Valo eVTOL aircraft, while extending its platform into hybrid-electric, autonomous and defence applications.
Recent developments include collaboration with Near Earth Autonomy, confirmed interest from the UK Ministry of Defence in hybrid-electric and autonomous capabilities, participation in Honeywell Aerospace-led Project VERTI-GO for airspace integration, and the UK-backed ECLiPSE programme for next-generation battery charging and thermal-management technologies.
Vertical Aerospace (EVTL)/b) will participate in three investor conferences in New York City in September 2026, featuring Chief Executive Officer Stuart Simpson.The company will join the Jefferies Global Industrials Conference on Wednesday, September 9, a Deutsche Bank aviation forum on Thursday, September 10, and the H.C. Wainwright Global Investment Conference from Monday, September 14 to Wednesday, September 16. Management will host investor meetings and discuss Vertical’s strategy, recent progress and milestones, including its hybrid and defence strategy, its Valo eVTOL platform, aerospace partnerships, proprietary technology and one-platform approach for commercial and defence markets.
Vertical Aerospace (NYSE: EVTL) will hold its Annual General Meeting at 1:00 pm BST on September 11, 2026, at its Bristol headquarters, Unit 1, Camwal Court, Chapel St, Bristol BS2 0UW, UK. Shareholders are invited to consider AGM proposals described in the circular attached to a Form 6-K filed with the U.S. SEC on August 18, 2026.
Vertical Aerospace (NYSE: EVTL) issued an H1 2026 business update, highlighting progress toward certification and commercialisation of its Valo eVTOL platform. The company completed piloted transition flights with two full-scale aircraft and flew five consecutive public demonstration days at the Farnborough International Airshow, operating from multiple civil and military airports.
Vertical expanded its ecosystem via a defence-focused partnership with Near Earth Autonomy, participation in Honeywell’s Project VERTI-GO, and launch of the UK-backed ECLiPSE battery and charging programme. It advanced UK manufacturing plans, entered discussions for up to £10 million government support, and signed a non-binding MoU with UK Export Finance.
According to Vertical Aerospace, financing commitments of approximately $100 million and cash and cash equivalents of about $134 million as of August 13, 2026 are expected to provide at least 12 months of runway, against anticipated net cash outflows of roughly $150 million over the next year.
Vertical Aerospace (NYSE: EVTL) announced proposed financing commitments of approximately $100 million from existing and new investors to support certification and commercialisation of its Valo eVTOL aircraft platform.
The package includes $40 million from Mudrick Capital under an existing $50 million convertible note facility (a recently closed $5 million draw plus a planned $35 million accelerated draw by August 12, 2026), a $35 million underwritten equity offering of units at $1.05 per unit expected to close on or about August 11, 2026, and a $25 million issuance from a preferred equity facility with Yorkville Advisors settling on the announcement date. Vertical plans to use the additional capital to advance its Critical Design Review, open an expanded Energy Centre to triple battery production capacity, develop UK production facilities, and retrofit its third prototype for hybrid-electric flight tests in the first half of 2027. The Mudrick component is based on a non-binding agreement in principle and remains subject to definitive documentation.
Vertical Aerospace (NYSE: EVTL) and Portuguese developer VIC Properties have signed a non-binding Memorandum of Understanding to explore introducing electric air mobility services in Portugal, initially focused on Pinheirinho, a 400-hectare luxury estate in Comporta that includes Six Senses Comporta.
Under the MoU, the companies and Vertical’s infrastructure and operating partners will assess Pinheirinho as a potential first electric air mobility resort destination in Portugal, including site and infrastructure planning for future Valo eVTOL operations. The partnership follows Vertical’s collaboration with Héli Air Monaco in the French Riviera and could later extend to other VIC developments.