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Vertical gets $10 million UK state eVTOL funding, reflecting big national stakes in eVTOL activity

Vertical eVTOL air taxi

Emerging electric vertical takeoff and landing (eVTOL) aircraft used in air taxi transportation will generate billions of dollars in new activity – a major new boost to national economies that governments don’t want foreign companies to dominate. The most recent example of that defensive reflex of local aerial markets comes from the UK, where national hero Vertical Aerospace has received an additional $10.5 million in state support.

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Vertical’s laconic response to air taxi crash will only add to its woes

Vertical air taxi

Nearly 48 hours after news began circulating that the prototype air taxi by UK advanced air mobility firm Vertical Aerospace suffered an accident, the company is still managing public response in the worst possible way – by acting like a slow-moving, tight-lipped, stodgy, “Mad Men” corporation rather than the creative, quick, and innovative startup it is.

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Vertical, Skyports, Virgin, and others to create full UK AAM ecosystem

AAM UK

A consortium has been formed by UK aviation companies, including Vertical Aerospace, Virgin Atlantic Airways, and Skyports, with the objective of testing and preparing the launch of electric takeoff and landing (eVTOL) flight services, like air taxis, in what members call the world’s first full advanced air mobility (AAM) ecosystem.

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