| Ticker: | EVTL |
| Current Price: | $0.35 |
| % Daily Change: | -6.44% |
| Volume (1,000s): | 2,189.37 |
| Average Volume (1,000s): | 2,668.35 |
| Market Cap (M): | $59.50 |
| 1/2/2024 Price: | $11.41 |
| Change Since Inception: | -96.93% |
Vertical Aerospace Ltd.
Camwal Court
Unit 1 Chapel Street
Bristol, BS2 0UW
United Kingdom
Vertical Aerospace Ltd. is currently changing the way people move through cities from its headquarters in Bristol, United Kingdom. Since its founding in 2017 by Stephen Fitzpatrick, the company has focused on creating a sustainable future for the aviation industry. By developing electric vertical take-off and landing (eVTOL) technology, the team provides a quiet, carbon-free alternative to traditional air travel and congested ground transportation.
At the heart of the company’s innovation is the VX4, a zero-emissions aircraft designed to transport a pilot and four passengers. This electric vehicle reaches speeds of up to 200 miles per hour and covers distances over 100 miles on a single charge. In addition to its impressive performance, the VX4 operates at noise levels far below those of a conventional helicopter. Because of this quiet operation, the aircraft can navigate urban environments without disrupting the daily lives of residents.
To scale this technology globally, Vertical Aerospace maintains a network of strategic partnerships with industry giants like American Airlines, Virgin Atlantic, and Rolls-Royce. These collaborations help the company refine its proprietary battery systems and navigate the complex process of aircraft certification. Along with these professional alliances, the firm holds an extensive pre-order book from customers around the world. As a result of these milestones, Vertical Aerospace continues to lead the movement toward accessible and environmentally friendly urban air mobility.