Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, will host its Capital Markets Day today in New York City, beginning at 2:00 p.m. ET.
The event will provide key updates on the Company’s Flightpath 2030 business strategy, certification and manufacturing progress, and financial outlook. A live webcast for the event is available here
Initial Production Facilities Secured
Vertical will announce its first manufacturing sites to support certification and early production:
•Aircraft assembly at expanded Cotswold Airport site – New facility adjacent to existing Flight Test
Centre will have capacity to produce 25+ VX4 aircraft annually and brings Vertical’s total footprint at Cotswold Airport to ~100,000 sq ft.
• Battery production at expanded Avonmouth site – Adjacent to Vertical’s existing Energy Centre, this new 30,000 sq ft battery facility will triple capacity for battery production. This facility will provide
production capacity into 2030 and brings Vertical’s total Energy Centre footprint to ~45,000 sq ft.Locating both facilities alongside existing operations reduces integration risk, drives efficiency, and enables
a seamless ramp from prototype through certification and initial production aircraft. Vertical continues to progress site selection for its full-rate production and battery facilities, with locations in the UK and beyond under consideration and a final decision expected in 2026, ready to meet Vertical’s subsequent manufacturing
ramp up.
Efficient and Cost-Effective Certification Path
Vertical will reaffirm its plan to certify the all-electric VX4 by 2028, requiring $700 million in funding to reach this
milestone.
Due to its focused OEM business model, low operating costs relative to the industry, efficient manufacturing plans and greater clarity of supplier costs, the Company is able to project requirements to reach certification by 2028. The approach of the UK Civil Aviation Authority (UK CAA) and European Union Aviation Safety Agency
(EASA), who are collaborating on eVTOL certification safety standards, front-loads the certification process and minimizes late-stage surprises or delays, providing greater confidence to Vertical’s plans and timelines.
