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An update from Vertical Aerospace ( (EVTL) ) is now available.
Vertical Aerospace announced the reappointment of Dómhnal Slattery as Chairman of its Board of Directors on January 14, 2025. Slattery, who led the company to significant achievements including building an industry-leading order book and listing on the New York Stock Exchange, brings over three decades of aviation expertise. His return is expected to bolster Vertical’s efforts to lead the eVTOL sector by the end of the decade, aligning with its Flightpath 2030 strategy. The company has recently strengthened its financial position with $180 million, including $50 million in new funding, and has achieved a significant milestone by becoming the second firm globally to achieve piloted thrustborne flight with a full-scale vectored thrust eVTOL aircraft.
More about Vertical Aerospace
Vertical Aerospace is a global aerospace and technology company pioneering electric aviation. The company is creating a safer, cleaner, and quieter way to travel with its VX4, a piloted, four-passenger Electric Vertical Take-Off and Landing (eVTOL) aircraft with zero operating emissions. Vertical Aerospace collaborates with leading aerospace firms like GKN, Honeywell, and Leonardo while developing proprietary technology in batteries and propellers to deliver advanced and safe eVTOL solutions.
YTD Price Performance: -26.19%
Average Trading Volume: 198,855
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $560.5M
See more data about EVTL stock on TipRanks’ Stock Analysis page.
