Vertical Aerospace Signs Strategic MoU with AHQ Group and Saudi National Industrial Development Centre to Accelerate AAM in the Kingdom
Vertical Aerospace Ltd. (EVTL)
Company Research
Source: Business Wire
MoU sets up collaboration on industrial development, commercial deployment and investment opportunities for Advanced Air Mobility in Saudi ArabiaVertical believed to be the only eVTOL OEM actively assessing both in-country manufacturing and investment opportunities with a Ministerial body in the KingdomPartnership aligned to the Kingdom’s Vision 2030 and Vertical’s global scale-up strategy LONDON, RIYADH, Saudi Arabia & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (“Vertical” or the “Company”) [NYSE:EVTL], a global aerospace and technology company pioneering electric aviation, today announced the signing of a strategic three-party Memorandum of Understanding (“MoU”) with Abdel Hadi Abdullah Al-Qahtani & Sons Group of Companies (Tariq Al-Qahtani & Brothers) (“AHQ Group”), a leading Saudi industrial conglomerate, and the Saudi National Industrial Development Centre (“NIDC”), part of the Ministry of Industry and Mineral Resources.This press release features multimedia. View the full
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EVTL
Sec Filings
- 2/5/26 - Form 6-K
- 1/20/26 - Form 6-K
- 1/12/26 - Form SCHEDULE
- EVTL's page on the SEC website