Vertical Aerospace completes first two-way piloted eVTOL transition flight
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Vertical Aerospace Provides First Quarter Update, Achieves Key Execution Milestones and Advances Toward Certification
May 6, 2026 6:50 AM EDTCompleted full envelope expansion prototype flight test campaign, becoming the first eVTOL to complete a two-way piloted transition a critical technical milestone under civil aviation Design Organisation Approval regulatory oversight Secured financing package of up to $850 million, strengthening liquidity and positioning delivery on technical and operational milestones progressing toward certification, with $50 million in raised equity and $30 million accessed to date On track to complete Critical Design Review (CDR), establishing the certifiable design baseline and formalized partnership network Q1 2026 Business & Strategy Update call today at 08:30 am ET (13:30 BST)
LONDON & NEW YORK--(BUSINESS... More
