Report Also Showed Challenging Cash Position Going Forward In its full-year 2025 report Tuesday, Vertical Aerospace Ltd highlighted significant progress in its Valo eVTOL aircraft development while revealing a challenging cash position that declined from $93 million to $58 million in the first quarter of 2026. The company’s presentation showcased the Valo aircraft as an industry-defining electric vertical-takeoff and -landing vehicle with specifications designed to compete in the emerging urban air mobility market. The aircraft features a maximum speed of 150 mph, capable of traveling from midtown Manhattan to JFK Airport in seven minutes, with a range of 100 miles on electric power and 1,000 miles in hybrid-electric configuration.
