$EVTL

Vertical Aerospace (EVTL) received a notice from the NYSE for not meeting the $1 minimum average closing share price over 30 days. The company plans to regain compliance within a six-month cure period. The notice has no immediate impact on trading or operations. Vertical develops eVTOL aircraft with 1,500 pre-orders from global customers.

Vertical Aerospace (NYSE: EVTL) opened a new Aircraft Assembly Centre to build certification and early production aircraft. The facility, supported by a £1.5 million investment, will assemble over 25 Valo eVTOL aircraft annually. The company plans to announce a full-scale production site later this year and aims for Type Certification in 2029.

Vertical Aerospace (NYSE: EVTL) is exploring strategic alternatives, including partnerships, to advance its development. The company has hired Jefferies as its financial advisor. Vertical recently completed key flight milestones and secured $100 million in financing. It aims to complete critical design review by year-end 2026.

Vertical Aerospace (EVTL) reported Q2 2026 progress, securing $100M in financing, extending cash runway to Q3 2027. Certification delayed to 2029. Key milestones include Farnborough demos, pre-orders, and facility openings. Management highlighted technical and financial advancements.

Vertical Aerospace (EVTL) discussed Q2 progress on its VX4 eVTOL platform, including adding a second flight-test aircraft and hybrid-electric integration testing. It expects hybrid-electric flight testing in H1 2027 and VX4 type certification in 2029. Vertical announced a ~$100M financing package, had ~$134M cash as of Aug. 13, 2026, and expects cash runway into Q3 2027.

Mudrick Capital Management and affiliated funds reported in an SEC Schedule 13D that they beneficially own 214,698,010 ordinary shares of Vertical Aerospace Ltd., 64.2% on a partially diluted basis. The filing says Vertical issued $35 million more in Convertible Senior Secured Notes and amended the conversion price from $3.50 to $1.30 per share. Mudrick also received board nomination and consent rights.

Vertical Aerospace (NYSE: EVTL) issued an H1 2026 business update and will host a conference call at 08:30 ET. It reported piloted transition flights with two full-scale aircraft, five consecutive Farnborough public eVTOL days, and ecosystem expansion via Near Earth Autonomy and Honeywell’s Project VERTI-GO. It said it has about $134m cash, ~$100m financing commitments, and expects 12 months runway, with a £10m UK production-facility support discussion.

Vertical Aerospace, a NYSE-listed eVTOL “flying taxi” maker, secured a $100m financing package. It plans a design review, to open an energy center for battery production, and to retrofit its third prototype for hybrid-electric flight testing in 1H 2027. The deal includes $40m from Mudrick Capital, $25m from Yorkville Advisors, and $35m from other investors, plus plans for a UK production facility.

Vertical Aerospace said it secured about US$100 million in financing commitments to support certification and commercialization of its Valo aircraft. Funding includes US$40 million from Mudrick Capital via a convertible note draw, US$35 million via an equity unit offering at US$1.05 per unit, and US$25 million from Yorkville Advisors Global preferred equity. The capital is aimed at design review, battery capacity expansion, and prototype hybrid-electric testing.

Vertical Aerospace (EVTL) raised $35 million, according to the article, and the piece discusses its recent results and progress update webcast for the eVTOL program. It notes investor concerns about limited cash runway and the need to complete a transition flight with the prototype aircraft.