Vertical Aerospace Ltd. is a global aerospace and technology company focused on designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility market. The company develops its flagship aircraft, Valo, which is intended to transport a pilot and up to six passengers over distances of up to 100 miles at cruise speeds of 150 mph. Vertical Aerospace Ltd. leverages technology from the aerospace, automotive, and energy industries to create aircraft that produce minimal noise and zero operating emissions during flight.

Vertical Aerospace Ltd. generates revenue primarily through the sale of its eVTOL aircraft, including the all-electric Valo and a complementary hybrid-electric variant designed to extend payload and range capabilities. The company also plans to derive revenue from aftermarket services such as battery management, pilot training, licensing, and general aircraft maintenance under its Aircraft Services business. Additionally, Vertical Aerospace Ltd. intends to monetize operational data generated by its highly digital aircraft through Vertical Cloud Services, offering equipment health monitoring and fleet optimization solutions to operators.

The company operates through the following segments: eVTOL aircraft development and production.

• The eVTOL aircraft development and production segment encompasses the design, engineering, testing, certification, manufacturing, and sale of electric and hybrid-electric vertical takeoff and landing aircraft. This includes the development of proprietary systems such as the battery pack and propeller design, as well as integration of components supplied by strategic partners like Evolito for electric propulsion units, Honeywell for flight controls, Dassault Systems for digital twin technology, Syensqo for composite materials, and Aciturri for aerostructures. The segment also involves flight testing programs to achieve certification from aviation authorities including the UK Civil Aviation Authority (CAA) and the European Union Aviation Safety Agency (EASA), with plans for concurrent validation by other global regulators such as the FAA, JCAB, and ANAC.

Vertical Aerospace Ltd. positions itself as one of the few eVTOL designers and original equipment manufacturers actively pursuing certification from both the CAA and EASA with a winged vehicle, which it believes provides a competitive advantage in safety and performance standards aligned with large commercial airliners. The company differentiates itself through its strategic partnerships with industry leaders such as Honeywell, Syensqo, Aciturri, Dassault Systems, Evolito, Molicel, and CAE, which enable access to advanced technologies and scalable manufacturing capabilities. Vertical Aerospace Ltd. emphasizes its focus on certification to airliner-level safety targets, its experienced leadership team with backgrounds in aerospace and advanced automotive industries, and its asset-light business model that leverages external expertise to reduce capital intensity while maintaining control over design and integration.

Vertical Aerospace Ltd. serves a diverse customer base that includes commercial airlines, aircraft leasing companies, business aviation operators, tourism groups, mobility platforms, existing helicopter operators, and new entrants in the advanced air mobility market. The company has secured pre-orders and strategic partnerships with specific customers such as American Airlines, Marubeni, Bristow, Iberojet, Avolon, FLYINGGROUP, Kakao Mobility, JetSetGo, and Héli Air Monaco, which have committed to purchasing its aircraft subject to certain conditions. Vertical Aerospace Ltd. also identifies potential applications in defense, logistics, air ambulance services, emergency medical transport, and cargo operations, particularly for its hybrid-electric variant designed for extended range and higher payload capacity.