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Vertical Aerospace
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Short description

Developer of an autonomous eVTOL

Founded in 2016
Founded in

Company type Public Public (EVTL)
Company type

Industry Group transportation & logistics

Sector aviation

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom Bristol, United Kingdom
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Updated by Sunena Gupta at on 03/14/2024

Edited by Cleantech Group on 01/02/2025

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Date Company
10/26/2021

Gol Gol

Brazilian airline Gol and transport operator Grupo Comporte have committed to purchasing or leasing up to 250 VA-X4 eVTOL aircraft.

Confirmed by Gol
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Partnerships
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Date Partner Type
07/10/2022
E-One Moli Energy E-One Moli Energy
E-One Moli Energy will supply high-performance battery cells for the VX4 eVTOL aircraft.
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Confirmed by E-One Moli Energy
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IPO INFORMATION

Date

12/16/2021

IPO status

Listed

IPO Type

SPAC

Amount

$300M

Initial shares

Ticker symbol

EVTL

Exchange listed

NYSE

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Description

Vertical Aerospace goes public via SPAC merger with Broadstone Acquisition Corp. in a deal valued at $2.2 billion.

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Date Investors Type Amount
11/27/2024 Mudrick Capital Management Mudrick Capital Management (1)
Post-money valuation of
Funding is part of broader $10 million transaction including debt-to-equity conversion to support continued business operations and further commercialization strategy
 PIPE $50,000,000
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