Companies · United Kingdom

Vertical Aerospace

Vertical Aerospace (NYSE: EVTL), which says it is headquartered in Bristol, is developing Valo, a piloted four-passenger eVTOL. On July 13, 2026 Vertical said it now expects type certification in 2029, after previously targeting 2028. That date is a target, and no type certificate has been issued. The same update says an expanded UK CAA permit to fly was received on July 10, 2026. A permit to fly is not a type certificate. Vertical also said it has about 1,500 conditional pre-orders.

Illustration, not a photograph: stylized line drawing of a generic aircraft of this type, not the Vertical AerospaceIllustration
Illustration, not a photograph. No licensable photo of the Vertical Aerospace yet.
Status
Active
Updated
Where the source places it
Bristol, United Kingdom

Vehicles

Certificates

VehicleDocumentStandingDateWhat the source saysSources
Type certificate
Target, not issued
On July 13, 2026 Vertical said it now expects type certification of Valo in 2029, after previously targeting 2028. Vertical said the path runs under the UK CAA and EASA. The 2029 date is a target. No type certificate has been issued.
Permit to fly (not a type certificate)
Issued
Vertical said the UK CAA expanded its permit to fly on July 10, 2026, allowing the first public demonstration flights away from Cotswold Airport. A permit to fly is not a type certificate.

Funding and orders

DateKindPartiesAmountWhat the source saysSources
Pre-order
Conditional
Vertical Aerospace
Vertical Aerospace Valo (formerly VX4)Named by Vertical: American Airlines, Avolon, Bristow, GOL and Japan Airlines, among others
About 1,500 aircraft; Vertical estimates the pre-order value at about $6 billion
Vertical said on July 13, 2026 that it had about 1,500 conditional pre-orders for Valo, which it valued at about $6 billion, across four continents. Vertical said some customer obligations are expected to be fulfilled through third parties. Conditional pre-orders are not firm orders. No type certificate has been issued.

Sources