financetom
Business
financetom
/
Business
/
Why Is Vertical Aerospace Stock Gaining Today?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Why Is Vertical Aerospace Stock Gaining Today?
May 27, 2025 10:14 AM

Vertical Aerospace Ltd. ( EVTWF ) shares are trading higher on Tuesday.

The firm launched the first-ever piloted wing-borne takeoff of an electric vertical aircraft in open European airspace.

The company’s VX4 prototype took to the skies from Cotswold Airport in the UK, demonstrating controlled flight using wing-generated lift.

Approved by the UK Civil Aviation Authority, the flight marks a critical milestone on the path to commercial certification of the VX4 aircraft.

Also Read: Vertical Aerospace Unfairly Undervalued, Says Bullish Analyst

The flight collected over 30,000 in-flight data points and showed that the aircraft performed in line with simulations.

Chief Test Pilot Simon Davies operated the aircraft during the historic flight and described the experience as technically impressive and emotionally rewarding.

“The VX4 was not only safe but was an absolute pleasure,” Davies noted, praising the smooth controls and low noise levels.

Vertical is currently the only firm globally flying a winged eVTOL prototype under a Design Organisation Approval issued by the CAA.

The approval is a key step toward securing a Type Certificate required for commercial operations.

The CAA collaborates with the European Union Aviation Safety Agency to streamline the VX4 certification across jurisdictions.

The wingborne flight phase is the third in Vertical’s testing program. It allows the VX4 to fly like a traditional aircraft using aerodynamic lift instead of rotor thrust.

The company plans to complete a full-piloted transition flight—shifting between vertical takeoff and horizontal cruise—in the second half of 2025.

The achievement received recognition from the UK government, with Jonathan Reynolds, Secretary of State for Business and Trade, calling it a “fantastic milestone” for the UK aerospace sector.

Government initiatives like the Aerospace Technology Institute and Future Flight Challenge support the project, which advances sustainable flight and UK innovation.

According to Benzinga Pro, EVTL stock has lost over 14% in the past year.

Price Action: EVTL shares are trading higher by 10.22% to $5.93 at last check Tuesday.

Read Next:

What’s Going On With Harmony Gold And MAC Copper Stock Today?

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Urban Edge Properties' Q4 Adjusted FFO Rises, Revenue Declines; 2025 Guidance Issued
Urban Edge Properties' Q4 Adjusted FFO Rises, Revenue Declines; 2025 Guidance Issued
Feb 12, 2025
07:47 AM EST, 02/12/2025 (MT Newswires) -- Urban Edge Properties ( UE ) reported Q4 adjusted funds from operations Wednesday of $0.34 per diluted share, compared with $0.31 a year earlier. Two analysts surveyed by FactSet expected $0.24. Revenue for the quarter ended Dec. 31 was $116.4 million, compared with $116.6 million a year earlier. An analyst surveyed by FactSet...
Mr. Cooper Group Q4 Earnings Increase
Mr. Cooper Group Q4 Earnings Increase
Feb 12, 2025
07:52 AM EST, 02/12/2025 (MT Newswires) -- Mr. Cooper Group ( COOP ) reported Q4 earnings Wednesday of $3.13 per diluted share, up from $0.69 a year earlier. Analysts polled by FactSet expected $2.64. Total revenue for the quarter ended Dec. 31 was $654 million. Analysts surveyed by FactSet expected sales of $582 million. Mr. Cooper ( COOP ) shares...
Wabtec forecasts 2025 profit below estimates on soft freight demand
Wabtec forecasts 2025 profit below estimates on soft freight demand
Feb 12, 2025
Feb 12 (Reuters) - U.S. rail locomotive maker Wabtec forecast 2025 profit largely below analysts' estimates on Wednesday, as the industry tackles weak demand for new locomotives due to a slowdown in freight activity. The company expects its 2025 adjusted profit per share in the range of $8.35 to $8.75, compared with analysts' average expectations of $8.62, according to data...
Dominion Energy's Q4 Operating Earnings Rise as Revenue Declines
Dominion Energy's Q4 Operating Earnings Rise as Revenue Declines
Feb 12, 2025
07:46 AM EST, 02/12/2025 (MT Newswires) -- Dominion Energy ( D ) reported Q4 operating earnings Wednesday of $0.58 per share, up from $0.29 a year earlier. Operating revenue for the quarter ended Dec. 31 was $3.40 billion, down from $3.53 billion a year earlier. Analyst estimates were not immediately available for comparison. Dominion Energy ( D ) narrowed its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved