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Vertical Aerospace Selects Hyundai WIA as Landing Gear Partner for Valo
▲ 40 r/DoubleBubbler+1 crossposts

Vertical Aerospace Selects Hyundai WIA as Landing Gear Partner for Valo

Ho-Young Lee, Vice President of Hyundai WIA (centre-left), with members of the Hyundai WIA and Vertical Aerospace teams in front of Valo.

May 21, 2026

  • Hyundai WIA to supply advanced lightweight landing gear system for Valo aircraft
  • Agreement strengthens Vertical’s supplier ecosystem as the Company advances toward certification and scaled production

Vertical Aerospace a global aerospace and technology company that is pioneering electric aviation, today announced a new long-term partnership with Hyundai WIA, a subsidiary of Hyundai Corporation and a leading mobility and manufacturing company, to supply the landing gear system for Valo, Vertical’s electric vertical take-off and landing (eVTOL) aircraft.

Under the agreement, Hyundai WIA will develop and manufacture a bespoke landing gear system for Valo, with end-to-end design and production responsibility. Stirling Dynamics, a UK-based engineering company with more than 30 years’ experience supporting certified aircraft programmes, will support Hyundai WIA as a key design partner.

Hyundai WIA’s lightweight, technically mature landing gear solution, combined with decades of advanced manufacturing and mobility experience, makes the company a strong partner for Vertical’s next-generation aircraft.

The partnership further strengthens Vertical’s supplier ecosystem as the Company advances toward certification and commercialization of Valo.

Vertical has now secured key suppliers across major aircraft systems, including Honeywell (flight control and aircraft management systems), Aciturri (airframe structures), Evolito (electric propulsion units), Syensqo (composite materials), and Isoclima (transparencies). The Hyundai WIA agreement marks another important step in establishing a world-class aerospace supply chain for scaled production.

Stuart Simpson, CEO of Vertical Aerospace, said: “As we advance toward certification and industrialization, securing world-class suppliers remains central to our strategy. Hyundai WIA brings deep expertise in advanced manufacturing and high-integrity systems, further strengthening the industrial foundation supporting Valo’s path to commercial service.”

Ho-Young Lee, Vice President of Hyundai WIA, said: “We are proud to partner with Vertical Aerospace on the Valo programme and support the development of next-generation electric aviation. We look forward to working closely with Vertical and Stirling Dynamics to deliver a robust, innovative landing gear solution that meets the highest safety standards and performance.”

The announcement follows Vertical’s successful completion of two-way piloted transition flight, a key technical milestone validating the aircraft’s technology and core operating mode.

Vertical is now progressing toward Critical Design Review (CDR), which establishes the certifiable design baseline and enables the build and test of certification-conforming aircraft. Completion of CDR will lock key design elements, supply chain configuration and certification partner selection ahead of full-scale certification testing and commercial production.

About Hyundai WIA

Founded in 1976, HYUNDAI WIA has been developing and producing cutting-edge products in automobile parts, mobility solutions, aerospace and defense industry solutions to become a global leader in the comprehensive machinery mobility industry.

Stirling Dynamics

Stirling Dynamics is an advanced engineering company that provides high-end engineering products and services and is renowned for its specialist landing gear design services to certified platforms and the Advanced Air Mobility sector. With over three decades of experience the company has accumulated a wealth of knowledge on multiple aircraft and marine platforms, delivered to civil and military programmes around the globe.

u/Hot_Raise_8540 — 15 hours ago
▲ 26 r/trading212

Invinity Energy Systems (AIM: IES, OTC: IESVF): Not a bad start to the day… up over 44% today!!! 😁

Following news of being selected for the world’s largest vanadium flow battery project in Switzerland.

https://www.londonstockexchange.com/news-article/IES/invinity-selected-to-design-gwh-scale-vfb-system/17602099

Another relatively small, yet promising British European company flagged up in advance on the Trading 212 sub by Double Bubbler! 😁

u/_DoubleBubbler_ — 18 hours ago
▲ 34 r/EnSilica

EnSilica Enabled AST SpaceMobile may be EnSilica’s EDGE AI Chip End User

As some may recall in July 2024 EnSilica were awarded a new supply order from a new customer for an edge artificial intelligence processing chip¹. Prior to yesterday it was not known who this new customer was, however based on recent announcements by AST SpaceMobile I am now of the opinion that AST are the end user, even if not EnSilica’s direct customer. In the same way as EnSilica designed the AST5000 chip as a sub-contractor for their partner Cadence Design Systems (i.e. Cadence being EnSilica’s customer in the supply chain and AST SpaceMobile the end user).

Kudos to u/ride_the_tasty_waves for helping me potentially piece this together, as until their post yesterday on the r/ASTSpaceMobile sub I was not aware of AST SpaceMobile’s plans for in orbit Edge AI processing. In a recent article² from MorningStar covering AST’s latest business update it stated…

AST is ’Developing AI edge computing and AI spectrum management features for on-orbit capabilities, with BlueBird integration targeted by year-end’.

It seems plausible and probable in my opinion that EnSilica are involved given their relationship having designed the AST5000 chip along with the Edge AI chip tape out timings stated by EnSilica³. Who the equivalent of Cadence Design Systems is in the supply chain I do not know, however hopefully that will become clear in time.

I suspect that the Edge AI chip was originally intended for all Block2 BlueBird satellites, as in the constellation satellites also featuring the AST5000 chip. I say this because the chip’s tape out was originally scheduled for early 2025 before ‘customer delays’ led to it being scheduled for initially the second half of 2025 and now before the end of May 2026.

All things going well the chip is now taped out, has met operational targets during validation and is now scheduled for full production. I eagerly await confirmation from EnSilica that this is the case. However even if it has slipped into EnSilica’s next financial year beginning 1st June 2026, it seems that would simply be just a bump in the road as EnSilica continues its ascent towards hopefully becoming ‘Europe’s premier end-to-end application specific chip designer and a highly profitable ‘fabless’ semiconductor business’.⁵

¹ https://www.londonstockexchange.com/news-article/ENSI/new-supply-order-for-edge-ai-chip/16567093

² https://www.morningstar.com/news/business-wire/20260511685431/ast-spacemobile-provides-business-update-and-first-quarter-2026-results

³ https://www.londonstockexchange.com/news-article/ENSI/trading-update/16976576

⁴ https://www.londonstockexchange.com/news-article/ENSI/project-progress-update-and-new-contract-awards/17306865

⁵ https://www.ensilica.com/wp-content/uploads/2025/11/272132-EnSilica-AR-WEB-version-2.pdf

u/_DoubleBubbler_ — 19 hours ago
▲ 42 r/InvinityEnergySystems+2 crossposts

Invinity Selected to Design World’s Largest GWh-Scale Vanadium Flow Battery System

Invinity Selected to Design GWh-Scale VFB System

Strategic Partnership with FlexBase to Develop World's Largest Flow Battery

Invinity Energy Systems plc (AIM: IES), a leading global manufacturer of utility-grade energy storage, is delighted to note FlexBase Group's announcement that, following an in-depth competitive selection process that reviewed proposals from flow battery manufacturers from across the world, it has selected Invinity to design a GWh-scale vanadium flow battery ("VFB") for deployment at the Technology Centre Laufenburg.

Situated in the Swiss municipality of Laufenburg, which is located on the Switzerland-Germany border, the project will feature an AI datacentre and technology campus, integrated with a VFB of up to 1.5 GWh capacity - believed to be the world's largest to date. Invinity's battery solution, which FlexBase will look to expand to 2.1 GWh in subsequent phases, will be used to support the integration of renewable energy onto the site and provide stabilisation to the grid.

The project broke ground in May 2025 and is currently under construction. Invinity will now proceed with the engineering phase of the project, which is expected to take place during 2026 and into 2027 and will generate engineering revenue for the Company, subject to the achievement of various development milestones. Following the successful conclusion of the engineering design phase, a purchase order for the battery system is anticipated to be received, allowing Invinity to initiate phased manufacturing of datacentre-optimized VFB modules for integration into the project.

Further announcements will be made in due course as the project progresses.

Marcel Aumer, Group CEO, Chairman of the Board and Founder of FlexBase Group said:

"Invinity has proven to be the strongest partner by presenting the most compelling overall package with the lowest life-cycle costs (LCOS). Invinity's vanadium flow technology is perfectly suited for our project due to its safety - particularly its non-flammability - its cycle stability, and its flexibility in application."

Pascal Wyss, Chief Innovation Officer at FlexBase said:

"In Invinity, we have found a partner that not only possesses market-ready and internationally proven technology but has also impressed us with innovative, modular solutions perfectly tailored to FlexBase. We look forward to working with the Invinity team to advance the vision of a sustainable energy future."

Jonathan Marren, Chief Executive Officer at Invinity said:

"Having just delivered the biggest vanadium flow battery in the UK, Invinity now enters the engineering phase of what will be the world's largest vanadium flow battery to date. Our longstanding focus on continually building our expertise in flow battery technology has been recognized with the award of this phase of the contract and I am extremely proud of the efforts of the Invinity team in getting us to this position."

Stay up to date with news from Invinity. Join the distribution list for the Company's monthly investor newsletter here.

londonstockexchange.com
u/_DoubleBubbler_ — 12 hours ago
▲ 182 r/ASTSpaceMobile+1 crossposts

ASTS AI Edge Computing

Background details - ASTS is using Nokia RAN’s for satellite to terrestrial gateway connections.  Nokia is using the NVIDIA CUDA platform as part of the 1 Billion Dollar investment deal they did with Nvidia for their AI-RAN’s software development.  They are currently testing with T- Mobile and other MNO’s, it’s not part of any ASTS gateways currently.

On the last EC Abel mentioned “AI Edge” improvements/compute that can efficiently integrate spectrum to predict traffic based on location.

To me, from a solution standpoint I think it makes sense to predict traffic on one platform, NVIDIA CUDA, so both the RAN and the satellite can be in sync and more easily optimized.  Although it would be possible for ASTS to develop a solution and deploy to their satellite standalone.  My understanding is the ASIC chip manages bandwidth on each satellite; this is the first I heard about AI and traffic prediction and I’m not sure what their approach would be if they develop their own solution.   

Would love to hear everyone thought’s on this.

 

https://www.nvidia.com/en-us/edge-computing/space-computing/

 

 

u/_DoubleBubbler_ — 1 day ago
▲ 12 r/InvinityEnergySystems

European renewable projects with batteries set to grow more than 450% by 2030

Reposting for the new sub…

LONDON, May 11 (Reuters) - Europe’s co-located renewable power and battery capacity is expected to surge ​more than 450% by 2030, with Germany the ‌most attractive country to build projects, a report by Aurora Energy Research showed on Monday.

Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here.

  • Renewable projects such as wind ​and solar in Europe are increasingly being developed ​with battery storage alongside them which allows generators ⁠to store power rather than sell it at ​a loss when there is excess on the system, ​and then discharge the power when prices recover.
  • Europe’s co-located renewable capacity reached 6.3 GW in 2025, led by solar-plus-storage which made ​up over 60% of deployments, the report said.
  • This ​is expected to grow to around 35 GW by 2030.
  • Germany was ‌ranked ⁠as the most attractive region for these projects due to higher expected returns on investment, followed by Britain and Bulgaria.
  • Spain, Hungary and France were flagged as ​markets to watch ​amid ongoing ⁠regulatory reform.
  • Across Europe, negative price hours surged in 2025, with Spain, the Netherlands ​and Germany each exceeding 500.
  • Curtailment- when output ​from renewable ⁠plants is curbed to protect the grid when supply exceeds demand - is forecast to rise from over 10 ⁠terawatt ​hours in 2024 to around ​33 TWh by 2030, the report said.
  • The report covered Europe’s 20 main ​power markets.

Reporting By Susanna Twidale; Editing by Kirsten Donovan.

reuters.com
u/_DoubleBubbler_ — 1 day ago
▲ 28 r/EnSilica+1 crossposts

Automotive Silicon in the Era of AI, Functional Safety, and Cybersecurity

Automotive silicon design is entering a phase where functional safety, cybersecurity and artificial intelligence (AI) can no longer be treated as separate concerns. In connected, software-defined vehicles, safety outcomes depend not only on protection against random hardware faults, but also on resilience to malicious interference and software vulnerabilities. As a result, many of the decisions that determine system safety are now made at the silicon architecture level.

Read the full article by Enrique Martinez-Asensio, Functional Safety Manager at EnSilica…

https://www.edn.com/automotive-silicon-in-the-era-of-ai-functional-safety-and-cybersecurity/

Enrique Martinez-Asensio is functional safety manager at EnSilica. He has more than 35 years of experience in the semiconductor industry, having worked on mixed-signal IC design and technical support and management in several semiconductor companies.

edn.com
u/_DoubleBubbler_ — 3 days ago
▲ 11 r/InvinityEnergySystems

Invinity “Superbattery Delivered” in UK First

Reposting for the new sub…

Invinity has completed delivery of its 20.7 MWh Copwood VFB Energy Hub in East Sussex, set to become Europe’s largest VFB installation when it enters service later this year. 

Tuesday 12 May 2026

Invinity Energy Systems has completed the delivery of 20.7 MWh of Vanadium Flow Batteries to the Copwood VFB Energy Hub (Copwood) in East Sussex, set to become Europe’s largest vanadium flow battery (VFB) installation when it enters service later this year. The project pairs 90 vanadium flow batteries – a form of long‑duration energy storage (LDES) – with a 3 MW solar array to enable more home-grown, low‑cost solar power to be used when Britain actually needs it – in the evenings, overnight and at peak demand. It will reduce reliance on comparatively more expensive fossil fuel generation, primarily in the form of imported natural gas.

Read the full article…

https://invinity.com/invinity-super-battery-delivered-uk-first/

And the corresponding London Stock Exchange announcement…

https://www.londonstockexchange.com/news-article/IES/invinity-delivers-europe-s-largest-vfb/17586997

invinity.com
u/_DoubleBubbler_ — 3 days ago
▲ 37 r/EnSilica

Some guidance for posts on the EnSilica sub…

To ensure the sub remains a useful and readily accessible store of notable community and company knowledge on EnSilica please can I remind people that we have a Weekly Discussion thread for less notable matters.

For example as a community I would suggest that we don’t want the sub’s prime post slots taken up by speculation about short term share price movements or overly frequent posts about the current share price.

Thanks,

DB

reddit.com
u/_DoubleBubbler_ — 4 days ago
▲ 18 r/InvinityEnergySystems

Energy Storage: How an Invinity Energy Systems’ Vanadium Flow Battery Works

Source: https://invinity.com/how-vanadium-flow-batteries-work/

Invinity’s products employ proprietary technology with a proven track record of global deployments delivering safe, reliable, economical energy storage. Here’s how our vanadium flow batteries work.

The fundamentals of VFB technology are not new, having been first developed in the late 1980s. In contrast to lithium-ion batteries which store electrochemical energy in solid forms of lithium, flow batteries use a liquid electrolyte instead, stored in large tanks. In VFBs, this electrolyte is composed of vanadium dissolved in a stable, non-flammable, water-based solution.

Vanadium is a non-toxic, widely-available metal that is typically used for making steel more ductile, strengthening titanium and even as a dietary supplement. Vanadium is produced globally, either from primary mining operations or by secondary processing of wastes from power generation or steel manufacturing. Significant vanadium reserves are present in the USA, Canada, China, Brazil and South Africa.

Inside the VFB, two separate tanks of vanadium electrolyte with different charges are connected to a central fuel cell stack.  Electrolyte from the tanks is pumped through the fuel cell stack, where an ion exchange occurs across a membrane. When this exchange occurs, a reversible electrochemical reaction takes place, allowing electrical energy to be stored and subsequently returned. The technology relies on the ability of vanadium to exist in four different oxidation states (V2+, V3+, V4+ and V5+), each of which holds a different electrical charge.

Invinity’s approach is novel in that we employ patented materials and cell structures within a fully-integrated turn-key product architecture. These technologies allow our products to achieve exceptional levels of reliability at competitive cost.

Inherent to Invinity’s VFB technology is the stability of the vanadium chemistry itself. Unlike technologies that rely on different elements to make up the positive and negative sides of the battery, vanadium’s ability to exist in different oxidation states allows VFBs to use that metal as both the positive and negative “couple” inside the battery cell. This eliminates many of the common modes by which traditional battery chemistries become contaminated and degrade over time.

Similarly, because the vanadium is dissolved in a stable, water-based solution, fire risk is dramatically mitigated in the VFB. Invinity has worked with leading fire safety experts to assess the risk a fire in or near our products. The results of that assessment: VFBs are substantially safer to operating personnel and first responders, as compared with other battery technologies.

Finally, Invinity’s VFBs are shipped to site in a 100% complete turn-key configuration – a first for the industry. That means that every battery we ship, to every customer, has been built, tested and certified to stringent quality standards before it leaves the factory. This yields faster installation, lower commissioning costs and far more reliable performance in service.

u/_DoubleBubbler_ — 4 days ago
▲ 12 r/InvinityEnergySystems

Ofgem LDES Eligibility Assessment Outcome Summary - 21 Vanadium Flow Battery Projects

Reposting key content to the new Invinity Energy Systems sub…

As part of rebuilding the sub’s reference material here is a summary of the 21 eligible Long Duration Energy Storage (LDES) projects involving Vanadium Flow Batteries (VFBs). Of the 171 projects submitted under Ofgem’s Window 1 of the LDES cap and floor scheme 77 were found to be eligible, of which 21 of these include VFBs. They are…

Frontier Power: Astwood - 200MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Ayr - 200MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Botley -200MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Bramford 1 - 200MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Bramford 2 - 200MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Busby - 150MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Grange Lane - 99MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Hockcliffe - 200MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Legacy - 65MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Market Harborough - 200MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Navenby - 200MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Norwich - 85MW Vanadium Flow Battery / Zinc Battery (Track 2)
Frontier Power: Pelham - 200MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Weaver - 120MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Willington - 90MW Vanadium Flow Battery / Zinc Battery (Track 1)
Frontier Power: Wymondley - 200MW Vanadium Flow Battery / Zinc Battery (Track 1)

3R Energy: Hagshaw LDES - 500MW Vanadium Flow Battery (Track 1)
3R Energy: Spirebush LDES (part of HEC-WE project) - 200MW Vanadium Flow Battery (Track 1)
Centrica: LDES Barry - 50MW Vanadium Flow Battery (Track 1)
Centrica: LDES Roosecote - 50MW Vanadium Flow Battery (Track 1)
Eku Energy: Sturts Farm BESS - 50MW Vanadium Flow Battery (Track 1)

While I haven’t looked at each listed project individually, it appears reasonable to conclude that these 21 projects are the 21 projects referred to by Invinity in their London Stock Exchange announcement on 23rd September 2025. Within that they confirm ‘21 project bids, submitted by four developers and representing a total of approximately 16.7 GWh of Invinity's Endurium™ battery technology’. ‘All but one of the confirmed eligible projects are in Track 1 of the Scheme which are deliverable by 2030. Track 2 projects are deliverable by 2033.’

It should also be noted that ‘The Company cautions that due to the competitive nature of this process, there is no guarantee any, and highly unlikely that all, of these project bids will ultimately be successful under the Scheme. However, Invinity's management team continue to believe that the Company is well positioned to secure a level of orders which could be highly material to Invinity's future trading.’

Note: For Frontier Power’s proposed projects the Ofgem LDES Eligibility Assessment Outcome document (link below) does not confirm the power output split in MW by VFB or ZB, just the proposed total.

https://www.ofgem.gov.uk/sites/default/files/2025-09/LDES Eligibility Assessment Outcome.pdf

reddit.com
u/_DoubleBubbler_ — 5 days ago
▲ 9 r/InvinityEnergySystems

Beyond Lithium and the Rise of Long Duration Energy Storage - Wolfe Power Club Podcast

Reposting from the old sub… An interesting video from early 2026 and worth signposting on the sub for its depth and breadth of discussion regarding the changing energy storage market and the potential for Invinity Energy Systems in the months and years ahead.

Chapters
0:00 Introduction
1:53 How Flow Batteries Work
5:33 Invinity's Core Mission
9:22 Invinity’s Impact in Next 10 Years
13:42 Why Long-Duration Storage Wins
22:28 Cost Drops and Technology Breakthroughs
29:24 Resolving Net Zero Financing
35:56 What Real Projects Reveal?
41:04 Unlocking Grid-Scale Storage
48:08 Careers in Energy Storage
50:54 Role in Leadership and Modern Pentathlon
57:50 One UK Policy Move for Clean Energy

youtu.be
u/_DoubleBubbler_ — 5 days ago
▲ 49 r/EnSilica

EnSilica: 1,000 Cool EnSilicats and counting now. A milestone to celebrate!!!

EnSilica (🇺🇸 ENSIF, 🇬🇧 ENSI, 🇪🇺 F0Z) is growing in more ways than one!

This time last year the EnSilica sub did not even exist and many people would not have known the name EnSilica outside the world of semiconductor design or possibly the AST Sp🅰️ceMob, thanks to EnSilica having designed the crucial and groundbreaking AST5000 chip at the heart of AST’s new constellation satellites.

Yet, thanks to the dedication of EnSilica’s staff and the notable progress they have achieved including recently winning business with another satellite constellation operator for their largest contract on record, together with a little help from myself raising awareness in the last year or so, their following is growing rapidly.

And while the growth in sub members to over 1,000 is impressive in such a short time for what is currently a small cap company, I am pleased to say that the growth in EnSilica’s share price in the last year, at over 251% is even more impressive.

Onwards to over £5 / $6.79 by 2030 hopefully…

https://www.reddit.com/r/EnSilica/comments/1t2gv86/ensilica_ensif_ensi_f0z_why_this_semiconductor/

u/_DoubleBubbler_ — 7 days ago
▲ 107 r/EnSilica+1 crossposts

Trading 212: Many thanks to Borislav, Ivan and the team for reviewing the EnSilica (ENSI) shareholding limit! 🫶

45,000 EnSilica (ENSI) shares maximum now. That’s quite a change from 1,383.

Many thanks to Borislav, Ivan and the team for reviewing the limit. 🫶

u/_DoubleBubbler_ — 8 days ago
▲ 48 r/Lunr+1 crossposts

Intuitive Machines (LUNR): A Simply Wall St ‘Weekly Pick’

With other seven million users reported for Simply Wall St this is very welcome coverage. I must admit I am a great fan of SWS given its broad worldwide coverage of listed companies as opposed to platforms such as FinViz which last time I checked was largely focused on North America in my opinion.

When I get time I will update the narrative given the various developments since it was first written last October. However here’s the link to the narrative I wrote for anyone curious…

https://simplywall.st/community/narratives/us/capital-goods/nasdaq-lunr/intuitive-machines/dj58i2a8-update-for-intuitive-machines

u/_DoubleBubbler_ — 9 days ago
▲ 24 r/DoubleBubbler

Double Bubbler: Not my best decision in hindsight… LUNR is over $34 after hours!

As some may recall, I sold my ‘Less than $10k to $1 million’ challenge holding in Intuitive Machines (LUNR) in early April, as I expected greater momentum with Vertical Aerospace (EVTL) after their successful full piloted transition news.

How wrong was I, in the short term at least, with LUNR up almost 50% since and EVTL barely in the green based on currently reported prices in Trading 212. Thankfully I retained all my LUNR shares outside of the challenge given my overall perspective on this prospective space prime.

Had I kept my LUNR challenge shares I would have comfortably doubled my starting capital by now. One of life’s lessons it seems, but the challenge is still doing well overall and up about 68% in the ten months since I began the challenge.

doublebubbler.com
u/_DoubleBubbler_ — 9 days ago
▲ 11 r/Vertical_Aerospace

Dómhnal Slattery To Leave Vertical Aerospace

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

Director Changes

On May 10, 2026, Dómhnal Slattery provided notice to the Board of Directors (the “Board”) of Vertical Aerospace Ltd. (the “Company”) of his intention to resign as Chairman and member of the Board, and subsequently agreed with the Board for his resignation to take effect on May 12, 2026.

Having overseen the achievement of key Company operational and financial milestones, including the recent historic two-way piloted transition flight and closing of a financing package totaling up to $850 million, Mr. Slattery has decided that now is the appropriate time to step down and focus on other business interests. 

Mr. Slattery has served as a member of the Board and its Chairman since January 2025, after previously serving as its Chairman from January 2022 to August 2023. The Board thanks Mr. Slattery for his leadership and contribution to the Company’s progress during the period of his service, and wishes him the very best in his future endeavors.

With effect from May 12, 2026, the Board has appointed Ben Story to serve as its interim Chairman pending the appointment of a permanent Chairman. Mr. Story, who has served on the Board since April 2024, is a former member of the Executive Leadership Team at Rolls-Royce Holdings plc, where he led strategy, M&A and major transformation initiatives. He also previously spent over two decades in investment banking, including as Head of UK Investment Banking at Citigroup, and served on the Board of Transport for London. Mr. Story is currently Chair of Digital Catapult, an innovation organization established by Innovate UK, an agency of the UK Government.

Read the full 6K…

https://www.sec.gov/Archives/edgar/data/1867102/000110465926059355/tm2614337d1_6k.htm

sec.gov
u/_DoubleBubbler_ — 9 days ago