New York, Jan 25, 2026, 04:46 EST — Market closed
- Vertical Aerospace shares ended Friday 2.6% lower at $5.60, setting a cautious tone ahead of Monday’s reopening.
- The company is promoting its Valo electric air-taxi concept in New York, working alongside partners Bristow and Skyports.
- Recent SEC filings revealed not just cash on hand but also an expanded authorised share pool, signaling ongoing funding risk.
Vertical Aerospace Ltd shares closed Friday 2.6% lower at $5.60, on volume of around 1.1 million shares. The stock has dropped close to 7% in the last five trading days. (StockAnalysis)
The shift shines a spotlight on a well-known dilemma in early-stage electric aviation: balancing visibility with funding. Investors demand clear evidence from testing and certification, while tracking cash flow as carefully as the progress of the aircraft itself.
Vertical has worked to broaden its audience while keeping its balance-sheet options flexible. That mix can attract attention, but it also raises sharper questions about shareholder treatment in the upcoming financing round.
The company announced it has deployed Valo — its electric vertical take-off and landing aircraft (eVTOL) — in New York. It’s collaborating with Bristow Group and Skyports Infrastructure to explore routes linking Manhattan and JFK airport. CEO Stuart Simpson described New York as “a natural next step.” Bristow CEO Chris Bradshaw highlighted “sustainable aviation concepts,” while Skyports chief Duncan Walker mentioned plans for “a wide range of journeys.” (Bristow Group Inc.)
A Jan. 20 SEC filing revealed shareholders approved raising the authorised share capital ceiling to 1 billion ordinary shares, up from 200 million. This limit sets the maximum shares the company can issue before needing another shareholder vote. (SEC)
Vertical reported having roughly £69 million ($93 million) in cash and cash equivalents as of Dec. 31, 2025, in a separate filing on Jan. 12. The company noted that this number is preliminary and unaudited. (SEC)
Peers lost ground late in the week. Joby Aviation and Archer Aviation both dropped roughly 4% on Friday, with Eve Holding sliding about 2%, underscoring how vulnerable the eVTOL sector remains to shifts in risk appetite.
The downside is clear-cut. Delays in testing or certification could swiftly sour sentiment, while a capital raise priced below market—or involving warrants—would probably stoke worries about dilution again.
In the coming week, all eyes will be on any new updates regarding funding plans following the authorised-share vote, along with whether Vertical’s New York expansion will lead to stronger commercial deals. The next major macro event is the Federal Reserve meeting on Jan. 27–28, with the rate decision scheduled for Jan. 28. (Federalreserve)