What Happened
Global Aerospace Company Explores Partnerships For Next Phase
Vertical Aerospace has initiated a review of strategic alternatives, including potential partnerships, to support its next phase of development. The company has retained Jefferies as its financial advisor and will continue its operations, certification program, and commercial commitments during the review. Vertical Aerospace recently completed a piloted transition flight and has approximately 1,500 pre-orders for its Valo aircraft, with customers across four continents. This development was reported in a Form 6-K filing with the US Securities and Exchange Commission, as reported by Unknown Source.