Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Akanksha Bakshi

Vertical Aerospace Partners With Molicel To Power VX4 Aircraft

Vertical CAA EASA NYSE Vertical Aerospace Ltd United Kingdom

Vertical Aerospace Ltd (NYSE:EVTL) established a strategic partnership with E-One Moli Energy Corp (Molicel), a manufacturer of lithium-ion cells, to supply high-power cylindrical cells for VX4 eVTOL aircraft.
With this partnership, Vertical has secured the supply of battery cells to develop the VX4 through to certification and entry into service, working with Molicel to increase supply as the VX4 is brought into mass production.
The battery system will be certified concurrently with the European Union’s Aviation Safety Agency (EASA) and the UK’s Civil Aviation Authority (CAA), with Vertical targeting 2025 for entry into service.
Price Action: EVTL shares are trading higher by 0.68% at $2.93 on the last check Wednesday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Justice Department Orders DEA to Halt Airport Searches Because of 'Significant Issues' With Cash Seizures

Justice Department Orders DEA to Halt Airport Searches Because of 'Significant Issues' With Cash Seizures

The DEA paid one airline employee tens of thousands of dollars to snoop on travel itineraries and flag passengers for searches.

WATCH: Pieces Of Russian ICBM Rain Down On Ukraine Territory After Retaliatory Launch

WATCH: Pieces Of Russian ICBM Rain Down On Ukraine Territory After Retaliatory Launch

While a 21-second clip was released online that shows a Russian ICBM missile attacking Ukraine territory there are various reports as to whether an intermediate or medium range artillery was used in the attack.

International Business Times

Brazil’s former president Jair Bolsonaro charged with plotting coup d’état

Brazil’s former president Jair Bolsonaro charged with plotting coup d’état

Police accuse 37 people of crimes including conspiracy and trying to tear down one of world’s largest democracies

The Guardian - US

Tennessee man involved in Capitol riot guilty of plot to kill federal agents

Tennessee man involved in Capitol riot guilty of plot to kill federal agents

Edward Kelley created ‘kill list’ of officials who investigated his role in January 6 attack, justice department says

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

RFK Jr sexual assault accuser says she chose to speak out after Super Bowl ad

RFK Jr sexual assault accuser says she chose to speak out after Super Bowl ad

Eliza Cooney, who worked as Kennedy babysitter, speaking ‘not to upend the confirmation … but for the public record’

The Guardian - US

Putin says Russia fired experimental ballistic missile at Ukraine

Putin says Russia fired experimental ballistic missile at Ukraine

It comes after Russian Foreign Ministry says a United States anti-missile base in Poland is now ‘a priority target’

The Independent UK

Related Stories

Top stories on inkl right now

Justice Department Orders DEA to Halt Airport Searches Because of 'Significant Issues' With Cash Seizures

Justice Department Orders DEA to Halt Airport Searches Because of 'Significant Issues' With Cash Seizures

The DEA paid one airline employee tens of thousands of dollars to snoop on travel itineraries and flag passengers for searches.

WATCH: Pieces Of Russian ICBM Rain Down On Ukraine Territory After Retaliatory Launch

WATCH: Pieces Of Russian ICBM Rain Down On Ukraine Territory After Retaliatory Launch

While a 21-second clip was released online that shows a Russian ICBM missile attacking Ukraine territory there are various reports as to whether an intermediate or medium range artillery was used in the attack.

International Business Times

Brazil’s former president Jair Bolsonaro charged with plotting coup d’état

Brazil’s former president Jair Bolsonaro charged with plotting coup d’état

Police accuse 37 people of crimes including conspiracy and trying to tear down one of world’s largest democracies

The Guardian - US

Tennessee man involved in Capitol riot guilty of plot to kill federal agents

Tennessee man involved in Capitol riot guilty of plot to kill federal agents

Edward Kelley created ‘kill list’ of officials who investigated his role in January 6 attack, justice department says

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

RFK Jr sexual assault accuser says she chose to speak out after Super Bowl ad

RFK Jr sexual assault accuser says she chose to speak out after Super Bowl ad

Eliza Cooney, who worked as Kennedy babysitter, speaking ‘not to upend the confirmation … but for the public record’

The Guardian - US

Putin says Russia fired experimental ballistic missile at Ukraine

Putin says Russia fired experimental ballistic missile at Ukraine

It comes after Russian Foreign Ministry says a United States anti-missile base in Poland is now ‘a priority target’

The Independent UK

Our Picks

“One of the most important guitars in rock and roll history”: George Harrison’s Futurama smashes auction estimate and sets a new record with staggering $1.27 million sale

The oddball electric – which was used during the Beatles’ early years, and saw action in over 300 historic shows – becomes the most expensive electric guitar formerly owned by a Beatle to sell at auction

Keke Palmer: I'm living life on my own terms

Keke Palmer has revealed that she feels proud to be living life "on [her] own terms".

Crypto entrepreneur Justin Sun buys $6 million banana—and plans to eat it unless Elon Musk wants to send it to space

Sun outbid six others for the iconic work.

Paul Simon names the fan-favorite song he’ll never perform again

The folk rock icon said his hearing loss has limited the songs he can perform live

The Independent UK

“We’re doing my first-ever gig with Nirvana on SNL. What I didn’t know was there was a discussion about my guitar like, ‘No, we can’t let him on stage’”: Pat Smear’s first Nirvana appearance almost didn’t happen – because of his guitar

Smear had bought a 1982 Charvel when he was playing with Nina Hagen – but the guitar didn't quite impress the Nirvana troupe

"Worm": Keith Lee shuts down sushi joint

FOB Sushi Bar has closed its Bellevue and Seattle restaurant locations

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play