Mentioned:
A publicly traded company is rolling out a new type of electric vertical takeoff and landing aircraft. And they’ve just completed a piloted flight in the United Kingdom.
What’s happening:
- Vertical Aerospace (NYSE: EVTL) has successfully completed their first piloted flight for their full-scale prototype electric vertical takeoff and landing aircraft in the United Kingdom
Why it matters:
- Vertical Aerospace has publicly stated that their full-scale prototype electric vertical takeoff and landing aircraft is their most advanced prototype with a 20% higher power-to-weight ratio than their previous prototype designs and next generation low-noise propellers
Going deeper:
- The United Kingdom Civil Aviation Authority just recently issued Vertical Aerospace a Permit to Fly after ground testing and aircraft safety validation
- Vertical Aerospace has landed multiple pre-orders from large aviation companies globally for their flagship electric vertical takeoff and landing aircraft known as Valo including purchase commitments from both American Airlines and Japan Airlines
