Vertical Aerospace, a UK-based company specializing in the development of eVTOL aircraft for electric and sustainable flight, announced its first Capital Markets Day at 2 p.m. EDT. The event includes participation from its leadership team, board of directors, and prominent guests such as Tan Sri Tony Fernandes, founder of AirAsia Group; Patrick Ky, former Director General of EASA; and Professor Scott Galloway.

During the event, Vertical Aerospace shared key information on its progress, including the opening of new manufacturing sites for its VX4 aircraft and batteries, which supports the certification process and early production.

The company confirmed a clear roadmap to achieve certification by 2028 at an estimated cost of $700 million, supported by its focused OEM model, cost clarity, and the regulatory certification framework of the United Kingdom and the European Union.

It also presented updated targets for 2030: achieving gross margins of 20%, generating positive operating cash flow exceeding $100 million, achieving a production rate of more than 225 aircraft per year by the fourth quarter of 2030, and delivering nearly 45,000 battery units by 2035.

These announcements reinforce Vertical Aerospace’s commitment to leading the next era of electric flight, advancing toward certification, profitability, and serial production of its aircraft.

🔗 Live stream of the event at: https://lnkd.in/ei5d5zV4

Source and Credits to Vertical Aerospace

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