Vertical Aerospace (EVTL) has released an update.
Vertical Aerospace has unveiled its ambitious ‘Flightpath 2030’ strategy, aiming to lead the electric aviation sector by producing over 200 VX4 units annually by 2030. The company plans to achieve cash break-even by the same year, leveraging partnerships with aerospace giants and its proprietary technology. Vertical’s efforts include certifying its VX4 aircraft by 2028 and scaling production to meet a significant pre-order book from major global airlines.
For further insights into EVTL stock, check out TipRanks’ Stock Analysis page.