Vertical Aerospace signed a long-term supplier agreement with Astronics for power distribution systems for its Valo eVTOL, reducing execution risk. However, the company remains unprofitable with significant cash burn and won't generate earnings until 2032. Substantial shareholder dilution is expected as the company raises capital, with share coun...

Vertical Aerospace has achieved significant milestones in its eVTOL aircraft development, including manufacturing its first proprietary all-electric Valo battery and initiating testing of a next-generation hybrid-electric system with 1,000-mile range capability. With $850 million in secured financing and a market cap of $300 million, the company ...

The eVTOL sector is bifurcating between vertically integrated air taxi operators (Joby, Archer) and pure-play OEM manufacturers (Vertical Aerospace). In today's high-interest-rate environment, the capital-light B2B manufacturing model appears better positioned than the cash-intensive TaaS airline model, despite the latter commanding higher market...

The article compares Vertical Aerospace, a U.K.-based eVTOL start-up that surged on Trump administration drone support, with RTX Corp., an established defense contractor. While Vertical Aerospace shows progress toward certification by 2028, it remains unprofitable with no revenue and is burning $112 million annually, requiring $800 million in new...

United Airlines CEO Scott Kirby expressed safety concerns about eVTOL operations in crowded airport airspace, casting doubt on a key revenue model for the industry. This is particularly problematic for Archer Aviation, which has a conditional purchase agreement with United that could be at risk. In contrast, Delta's continued support for Joby Avi...