Although it’s well known that no good news ever arrives on a Friday after the close.
It looks like it’s extending the runway well into 2027, but with a lot of dilution. 🤷
Hi Everyone
If you had a choice of these two restaurants to go, which would you choose?
Thanks
OR… a better one with the similar vibe?
EDIT: Thanks guys. Youve decided for me that neither is the best choice, I’ll keep looking 🤗🤗
Nice quote
“am deeply sceptical of eVTOL startups. The sector has spent years selling inflated order books, heroic valuations and urban mobility fantasies while burning billions.
That is why Vertical Aerospace’s Farnborough International Airshow display stood out.
The aircraft today performed convincingly in public and showed capabilities that several better funded competitors are still struggling to demonstrate. It was impressively quiet in conventional flight, although hover exposed the obvious problem: significant noise, downwash and outwash. The idea that these machines will soon operate casually between apartment blocks remains largely fantasy.
Vertical brought a flying aircraft to Farnborough. Much of the eVTOL industry is still flying PowerPoint. Vertical still has to survive certification. “
If you read the whole thread, you will see that there is a tremendous amount of skepticism about the whole industry.
Mark Moore tried to find fault with the Vertical Flight and pretty much got his ass handed to him (in a professional manner we) by the responses.
Nice interview w the chief designer.
“During the Monday flight, the aircraft appeared to move smoothly through an approach in forward flight to a vertical landing. However, one of the four forward tilt-propellers tilted up a moment earlier than the other three, the broadcast showed.
Vertical told me the aircraft’s flight control software “commanded the inner left tilt earlier than usual in response to a sudden large gust of wind.”
“When we looked at the data, this was the normal and correct response to a change in conditions in landing,” a spokesperson said via email. “As a number of people have observed, the aircraft stayed incredibly stable throughout. This is a testament to the aircraft’s ability to operate safely and comfortably in unexpected circumstances.”
Adding fuel to the move, H.C. Wainwright analyst Amit Dayal reaffirmed his Buy rating on the stock and lifted his price target to $15, pointing to the company’s commercialization progress and the scalability of its eVTOL business model — a note that landed the day before today’s session and primed investors for a positive open
It is racing against its US rival Joby Aviation, which has also switched from conventional to vertical flight in public tests from New York’s JFK airport to Manhattan. Other rivals that are further behind are Eve, owned by Brazilian jet maker Embraer, and the US startup Archer Aviation – as well as several Chinese companies.