08:47 AM EDT, 07/10/2024 (MT Newswires) -- Vertical Aerospace ( EVTL ) said Wednesday that the UK Civil Aviation Authority has expanded the scope of its design organization approval, enabling the company's engineers to independently verify compliance in additional technical areas like flight control, avionics and electrical systems.

This streamlines the certification process, the company said.

Shares of Vertical Aerospace ( EVTL ) declined more than 1% in premarket activity on Wednesday.

Price: 0.8801, Change: -0.01, Percent Change: -1.09