Air-Taxi Plan for Paris at Risk of Missing Olympics Deadline [BNN Bloomberg (Canada)]
Vertical Aerospace Ltd. (EVTL)
Company Research
Source: BNN Bloomberg
The VoloCity copter, which seats a pilot and one passenger, can still be ready for commercial service by the July 26 start of the Games, Chief Executive Officer Dirk Hoke said in an interview. But the challenge of bringing an all-new aircraft into service while meeting stringent safety requirements by then has become an increasingly uphill quest. “Until the last moment when I get the stamp, anything can happen,” Hoke said in an interview in Paris. “We won't know whether we fly with commercial operations” or just the pilot and possibly a non-paying guest. The German air-taxi pioneer is working as quickly as it can to be ready, with daily discussions between Volocopter and the European Union Aviation Safety Agency, Hoke said. The company has also sent representatives to work with suppliers, who are making parts that also need to be approved for the first time. The prospect of visitors whipping across Paris from venue to venue in the helicopter-like craft has added a futuristic bu
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- Owning 70% in Vertical Aerospace Ltd. (NYSE:EVTL) means that insiders are heavily invested in the company's future [Yahoo! Finance]Yahoo! Finance
- Vertical Aerospace Announces Release of Shareholder Letter and Filing of Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
- Vertical Aerospace Announces Release of Shareholder Letter and Filing of Annual Report on Form 20-FBusiness Wire
- Why The Inventor Of The Predator Drone's Electric Aircraft Startup Is Stumbling [Forbes]Forbes
- Vertical Enters Into Investment Agreement With Founder and CEO, Stephen Fitzpatrick Committing to Provide up to $50 Million of FundingBusiness Wire
EVTL
Sec Filings
- 3/29/24 - Form SC
- 3/20/24 - Form 6-K
- 3/14/24 - Form 20-F
- EVTL's page on the SEC website