Strategic Objectives and Milestones
Vertical Aerospace is on track with its 2025 targets, having achieved key milestones such as full-scale piloted wing-borne flights and real-world use cases. They are set to complete piloted transition flight and finalize the assembly of the third VX4 prototype by year-end.
Partnership Expansion
Vertical Aerospace has expanded its partnership with Bristow, increasing the preorder to 100 aircraft and developing a scalable eVTOL operations platform. This partnership aims to offer a turnkey solution for eVTOL operations.
Battery Development and Business Model
The company completed crucial tests on its battery design, which underpins both eVTOL and hybrid aircraft. The proprietary battery model anticipates a high-margin recurring revenue opportunity, with a 50-50 long-term revenue mix between aircraft and battery sales.
Capital Efficiency and Funding
Vertical Aerospace raised approximately $160 million in 2025, ensuring operational agility. The current capital position supports the completion of 2025 flight tests and the build of the third prototype aircraft.
Defense Market Opportunity
Vertical Aerospace demonstrated its aircraft at the Royal International Air Tattoo, highlighting defense applications. The European defense market is expected to grow significantly, presenting a unique opportunity for the company.