Vertical's New VX4 Prototype Completes Phase 1 of Piloted Testing
Vertical Aerospace Ltd. (EVTL)
Company Research
Source: Business Wire
Phase 1 included tethered flights, ground taxi testing and high-powered ground runs, all with a pilot on board.Vertical is now preparing to progress to piloted untethered thrustborne testing, as soon as it receives permission from the UK Civil Aviation Authority (CAA).The VX4 went from its first powered ground test to 'wheels up’ in just one week – three times faster than the previous prototype. LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company pioneering zero-emissions aviation, has achieved another significant milestone. Its latest VX4 has completed the first phase of its piloted flight test programme at the Vertical Flight Test Centre.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240912188188/en/Vertical's Chief Test Pilot flys the latest VX4 prototype during phase one of its flight test programme in September. (Photo: Buiness Wire)During Phase 1
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- Vertical Aerospace Ltd. (NYSE: EVTL) had its price target raised by analysts at Barclays PLC from $0.75 to $2.00. They now have an "underweight" rating on the stock.MarketBeat
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- Europe's flying taxi dreams falter as cash runs short [Yahoo! Finance]Yahoo! Finance
- VX4 Achieves Major Milestone With Launch of Phase 2 of Piloted Flight Testing [Yahoo! Finance]Yahoo! Finance
- VX4 Achieves Major Milestone With Launch of Phase 2 of Piloted Flight TestingBusiness Wire
EVTL
Sec Filings
- 11/21/24 - Form 6-K
- 11/13/24 - Form SC
- 11/12/24 - Form 6-K
- EVTL's page on the SEC website