Vertical Aerospace Shares Rise After Two-Way Air Taxi Flight Completion

Dow Jones

04/16

By Christopher Kuo

Shares of Vertical Aerospace rose after the company completed a two-way piloted transition flight with its electric air taxi.

Shares of the UK-based company developing electric vertical takeoff and landing aircraft, or eVTOLs, jumped 19% Thursday to $3.18. Its shares are down 41% year-to-date.

The company said its test pilot took off vertically in an eVTOL, transitioned to horizontal cruising flight and landed vertically. This is a key hurdle to clear for eVTOLs, which are designed to take off like helicopters and cruise like passenger jets.

Vertical said its Valo aircraft is moving into the next certification stage, with a target certification year of 2028.

The eVTOL industry has become increasingly competitive, as U.S. companies like Joby Aviation and Archer Aviation race to develop air taxis that will ferry passengers within and between cities. California-based Joby plans to launch commercial eVTOL flights in Dubai later this year.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

April 16, 2026 11:02 ET (15:02 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Its shares are down 41% year-to-date. \n</p>\n<p>\n  The company said its test pilot took off vertically in an eVTOL, transitioned to horizontal cruising flight and landed vertically. This is a key hurdle to clear for eVTOLs, which are designed to take off like helicopters and cruise like passenger jets. \n</p>\n<p>\n  Vertical said its Valo aircraft is moving into the next certification stage, with a target certification year of 2028. \n</p>\n<p>\n  The eVTOL industry has become increasingly competitive, as U.S. companies like <a href=\"https://laohu8.com/S/JOBY\">Joby Aviation</a> and <a href=\"https://laohu8.com/S/ACHR\">Archer Aviation</a> race to develop air taxis that will ferry passengers within and between cities. California-based Joby plans to launch commercial eVTOL flights in Dubai later this year. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n   Write to Christopher Kuo at chris.kuo@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 16, 2026 11:02 ET (15:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4603","symbol_name":"無人機概念股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2627214933","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2627214933","pubTimestamp":1776351720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Vertical Aerospace rose after the company completed a two-way piloted transition flight with its electric air taxi.Shares of the UK-based company developing electric vertical takeoff and landing aircraft, or eVTOLs, jumped 19% Thursday to $3.18. 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