Vertical Aerospace Ltd. (EVTL)

Company

Vertical Aerospace Ltd. (EVTL)

SPAC: Broadstone Acquisition Corp. (BSN)

StatusDec 17, 2021
  1. 0%SPAC/IPOIPOSep 2020
    0%SPAC/IPOIPOSep 2020
  2. 25%LOILOI
    25%LOILOI
  3. 50%AgreementDealJun 2021
    50%AgreementDealJun 2021
  4. 75%Merger voteVote
    75%Merger voteVote
  5. 100%MergerMergerDec 2021
    100%MergerMergerDec 2021
9M6M

Merger · Dec 2021

SPAC/IPO details
1 unit consists of 1 share + 1/2 Warrant
Prospectus volume (424B4)IPO closed (8-K)300 m USD30,000,000 Units · 10 USD/Unit

Vertical Aerospace is a global aerospace and technology company pioneering electric aviation. Vertical is creating a safer, cleaner and quieter way to travel. Vertical’s VX4 is a piloted, four passenger, Electric Vertical Take-Off and Landing (eVTOL) aircraft, with zero operating emissions. Vertical combines partnering with leading aerospace companies, including GKN, Honeywell and Leonardo, with developing its own proprietary battery and propeller technology to develop the world’s most advanced and safest eVTOL.

Vertical has c.1,500 pre-orders of the VX4, with customers across four continents, including American Airlines, Japan Airlines, GOL and Bristow. Headquartered in Bristol, the epicentre of the UK’s aerospace industry, Vertical’s experienced leadership team comes from top tier automotive and aerospace companies such as Rolls-Royce, Airbus, GM and Leonardo. Together they have previously certified and supported over 30 different civil and military aircraft and propulsion systems.

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