Vertical Aerospace ($EVTL) Opens Vertical Energy Centre; Most Advanced UK Aerospace Battery Facility
March 14, 2023 – TheNewswire - Vertical Aerospace (NYSE: EVTL) has opened the Vertical Energy Centre (VEC), which is the UK's most advanced aerospace battery facility, in Bristol England.
The facility is home to a 50-strong battery team developing proprietary technology that will transform what has been possible with battery technology to date. Vertical's battery systems are being tested for use in eVTOL aircraft and have undergone a wide range of testing, including temperature, emissions, and vibration testing.
The Vertical Energy Centre is part of Vertical's strategy to pioneer zero-emissions aviation, and the company has recently secured £14m in funding to further develop its battery technology in partnership with the UK government and University College London.
Stephen Fitzpatrick, Founder and CEO of Vertical, stated: “Delivering the electric aircraft of the future requires innovation at its best which is why we are championing UK electric battery development. Our world-class team in Bristol will be pushing new boundaries to design battery systems fit for electrifying our future.”
Founded in 2016, Vertical Aerospace is pioneering electric aviation. Vertical has a leading pre-order book for more than 1,400 aircraft from a diverse global customer base, creating multiple potential near term and actionable routes to market.
Shares of Vertical Aerospace trade on the NYSE under the ticker symbol EVTL. For more information visit www.greenstocknews.com
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