Vertical Aerospace to Share Business Update
November 06 2024 - 8:30AM
Business Wire
Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE:
EVTL; EVTLW), a global aerospace and technology company that is
pioneering zero emission aviation, announces that it expects to
share a business update pre-market on Tuesday, 12 November.
Vertical will host a webcast at 08:30 am ET (13:30 GMT) the same
day to discuss the update. The call will be hosted by Stuart
Simpson, Vertical’s CEO and he will be joined by other members of
the leadership team.
To access the webcast, visit Vertical’s Investor Relations
website:
https://investor.vertical-aerospace.com/events-and-presentations/events/.
If unable to attend the webcast, to listen by phone, please dial
+1 646 307-1963 or +1 0800 715 987; Conference ID 8922591.
A replay of the webcast will be available on the company website
following the event.
About Vertical Aerospace
Vertical Aerospace is a global aerospace and technology company
pioneering electric aviation. Vertical is creating a safer, cleaner
and quieter way to travel. Vertical’s VX4 is a piloted, four
passenger, Electric Vertical Take-Off and Landing (eVTOL) aircraft,
with zero operating emissions. Vertical combines partnering with
leading aerospace companies, including GKN, Honeywell and Leonardo,
with developing its own proprietary battery and propeller
technology to develop the world’s most advanced and safest
eVTOL.
Vertical has 1,500 pre-orders of the VX4, with customers across
four continents, including Virgin Atlantic, American Airlines,
Japan Airlines, GOL and Bristow. Headquartered in Bristol, the
epicentre of the UK’s aerospace industry, Vertical was founded in
2016 by Stephen Fitzpatrick, founder of the OVO Group, Europe’s
largest independent energy retailer. Vertical’s experienced
leadership team comes from top tier automotive and aerospace
companies such as Rolls-Royce, Airbus, GM and Leonardo. Together
they have previously certified and supported over 30 different
civil and military aircraft and propulsion systems.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995 that relate to our current expectations and views of future
events. We intend such forward-looking statements to be covered by
the safe harbour provisions for forward-looking statements
contained in Section 27A of the Securities Act and Section 21E of
the Exchange Act. Any express or implied statements contained in
this press release that are not statements of historical fact may
be deemed to be forward-looking statements, including, without
limitation, statements regarding the design and manufacture of the
VX4, the features and capabilities of the VX4, business strategy
and plans and objectives of management for future operations,
selection of suppliers, certification and the commercialization of
the VX4 and our ability to achieve regulatory certification of our
aircraft product with any of our intended regulators on any
particular timeline or at all, our ability and plans to raise
additional capital to fund our operations, the differential
strategy compared to our peer group, expectations surrounding
pre-orders and commitments, our future results of operations and
financial position and expected financial performance and
operational performance, liquidity, growth and profitability
strategies, our plans to mitigate the risk that we are unable to
continue as a going concern, our plans for capital expenditures, as
well as statements that include the words “expect,” “intend,”
“plan,” “believe,” “project,” “forecast,” “estimate,” “may,”
“should,” “anticipate,” “will,” “aim,” “potential,” “continue,”
“are likely to” and similar statements of a future or
forward-looking nature. Forward-looking statements are neither
promises nor guarantees, but involve known and unknown risks and
uncertainties that could cause actual results to differ materially
from those projected, including, without limitation the important
factors discussed under the caption “Risk Factors” in our Annual
Report on Form 20-F filed with the U.S. Securities and Exchange
Commission (“SEC”) on March 14, 2024, as such factors may be
updated from time to time in our other filings with the SEC. Any
forward-looking statements contained in this press release speak
only as of the date hereof and accordingly undue reliance should
not be placed on such statements. We disclaim any obligation or
undertaking to update or revise any forward-looking statements
contained in this press release, whether as a result of new
information, future events or otherwise, other than to the extent
required by applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241106391217/en/
Media Justin Bates Head of Communications
justin.bates@vertical-aerospace.com +44 7878 357 463 Investor
Relations Samuel Emden Head of Investor Affairs
samuel.emden@vertical-aerospace.com +44 7816 459 904
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