Vertical Wins New UK Government Backing to Transform the Future of Flight
Vertical Aerospace Ltd. (EVTL)
Company Research
Source: Business Wire
Vertical wins further vote of confidence from the UK GovernmentNew £8 million grant brings total support to £37 millionAward puts the UK at the forefront of novel air technology and urban air mobilityVertical will head a consortium of leading technology organisations and research institutions: the University of Glasgow, the University of Bristol, Cranfield University and Helitune LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces it has been awarded £8 million ($10 million) in grant funding by the UK Government, through the Aerospace Technology Institute (ATI) Programme, to develop its next-generation propellers for use on its VX4 aircraft.The project is the third awarded to Vertical by the ATI Programme and brings total UK Government grant funding to £37 million ($47 million). This demonstrates a significant vote of confidence in Vertical’s potential t
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EVTL
News
- Vertical Aerospace makes leadership appointments [Yahoo! Finance]Yahoo! Finance
- Vertical Aerospace makes leadership appointmentsBusiness Wire
- 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
EVTL
Sec Filings
- 5/1/24 - Form 6-K
- 3/29/24 - Form SC
- 3/20/24 - Form 6-K
- EVTL's page on the SEC website