Vertical Aerospace

I'm, uh, really happy to have Michael Zverenko with me.

Michael is the, uh, Chief Strategy, Commercial and Strategy Officer with, uh, Vertical Aerospace.

Um, he's based over in, uh, the UK.

He has a great background from, uh, Rolls-Royce.

Um, so they're gonna be a really safe and, and thoughtful operator of this aircraft, but also give us that ability to deploy into different markets in reasonable succession.

Mm-hmm.

Um, and then, you know, if you, if you were, as, as you've said, you're not a first adopter, you will feel more comfortable about getting on an aircraft where you recognize the airline logo on the side than getting on an aircraft that is operated by Vertical Aerospace that has never operated aircraft before.

Mm-hmm.

Vertical is opening its new assembly centre.

Vertical Aerospace has opened the UK's first air taxi assembly centre in the Cotswolds in Gloucestershire.

The £1.5 million facility adds 60,000 square feet of assembly and operational space to their existing site, to build the aircraft called the VALO, V-A-L-O, and the next phase of certification.

I love a bit of eVTOL.

So Enterprise Britain was really established by a group of British entrepreneurs, investors, spearheaded by our two co-chairs, which are Brent Hoberman, who's the founder of LastMinute.com, now runs Founders Forum and First Minute Capital.

and Steve Fitzpatrick, who was the founder of OVO Energy, Colusa, and Vertical Aerospace.

They had been having this series of conversations with other British entrepreneurs and investors that were all having very similar themes, which was, we're seeing this kind of doom and gloom narrative about the UK.

We're hearing all these stories about investors and entrepreneurs who are leaving the country, who are choosing to grow their companies elsewhere.

John's going to be bringing us an update on progress with Boeing's key program, the 777X, and some of the company's recent successes and potential setbacks.

And Don will be talking about developments at the UK's vertical aerospace.

But first, there's been a notable aerospace sector development for Airbus in the UK, where the airframer builds wings for its aircraft range over at its Broughton plant in North Wales.

The shift in single aisle customer demand to larger aircraft is reflected in the popularity of the A321neo, which now accounts for three quarters of the entire A320 family backlog of about 7,600 aircraft.

Yeah, that's right.

On the road again.

So after flying visits to Dresden and Prague over the last fortnight, this week it's off to Kemble in the Cotswolds in the UK to see Vertical Aerospace.

Vertical has been at Kemble Airfield, which is also known as Cotswold Airport, for a while now.

And then I want to get to one we haven't talked about in a little while anyway.

Somebody from Facebook is wondering about Vertical Aerospace.

It's a name we used to talk about quite a bit, and we have not covered it in a while.

We haven't covered any of these EVA tool stocks in a little while.

And I'm going to give it full screen because it's ugly.

This is a really hard one.

Vertical Aerospace, EVTL.

We've not had this one on the channel in a long time.