Technology & Innovation
Vertical Aerospace Expected to Generate £9 Billion Revenue by 2035
Frontier Economics study projects Vertical Aerospace’s £9 billion revenue by 2035, supporting UK jobs and contributing £3 billion annually to the economy.
This article is based on an official report released by Frontier Economics and commissioned by Vertical Aerospace.
A new economic impact study released in December 2025 suggests that the United Kingdom’s electric aviation sector is poised to become a significant contributor to the national economy. The report, titled “Next-Gen Aviation: Made in the UK” and conducted by Frontier Economics, uses Bristol-based Vertical Aerospace as a primary case study to demonstrate the financial viability of electric Vertical Take-Off and Landing (eVTOL) aircraft.
Commissioned by Vertical Aerospace, the findings argue that zero-emission aviation is transitioning from a future ambition to a current economic driver. The data highlights substantial potential for high-value job creation and export-led growth, particularly within the South West of England’s historic aerospace cluster.
The Frontier Economics report outlines aggressive growth targets for Vertical Aerospace over the next decade. According to the study’s projections, the company’s annual revenues could approach £9 billion by 2035. A significant portion of this revenue is expected to come from international markets, with the report estimating that approximately 90% of sales will be exports.
Beyond direct revenue, the report calculates the broader economic benefits for the UK:
The study emphasizes the role of “next-generation” aviation in sustaining the UK’s skilled manufacturing base. Vertical Aerospace currently employs 479 people. However, the report projects that direct employment at the company will rise to approximately 2,200 Full-Time Equivalent (FTE) roles by 2035.
Frontier Economics notes that these roles command a “wage premium,” with salaries at the company reportedly reaching up to twice the average for the region and the wider sector. This data is presented as evidence that the shift to green aviation supports high-quality employment rather than just volume.
In an effort to highlight the “Made in the UK” aspect of the industry, the report analyzes procurement data from 2022 to 2024. It finds that over 60% of Vertical Aerospace’s procurement was retained within the UK. This domestic spending reportedly supported roughly 720 additional jobs in the Bristol area and generated £21 million in local spending during that period.
“Vertical’s activities are well-aligned with the UK government’s priorities for industrial strategy, innovation, clean growth and defence… With sustained investment and supportive policy, Vertical could help shape the next generation of global aviation.”
, Andrew Leicester, Executive Director for Public Policy at Frontier Economics
The release of this data comes as the UK aviation industry works to align with the government’s “Jet Zero” strategy, which mandates net-zero aviation emissions by 2050. This strategy relies on three pillars: system efficiencies, Sustainable Aviation Fuels (SAF), and Zero-Emission Flight (ZEF).
The Frontier Economics report positions Vertical Aerospace within the ZEF pillar, arguing that new entrants are essential for modernizing regional hubs like the South West. This aligns with previous findings from the government-backed FlyZero project, which identified a “once-in-a-generation” opportunity for the UK to capture the global zero-emission aircraft market.
The Push for Policy Support
While the projected figures of £9 billion in revenue and £3 billion in GVA are impressive, we note that they remain projections contingent on certification timelines and market adoption. The timing of this report is likely strategic. By quantifying the return on investment for the taxpayer, specifically the £800 million in potential tax revenue, Vertical Aerospace is building a case for continued or increased government support.
As the industry faces high capital costs associated with certification and scaling manufacturing, demonstrating a tangible “ripple effect” in the local supply chain is a critical lever for securing grants and favorable policy frameworks. The report effectively argues that supporting eVTOLs is not just an environmental decision, but a necessary industrial strategy to prevent the UK’s aerospace sector from stagnating.
Sources: Frontier Economics
Report: Vertical Aerospace Projected to Generate £9 Billion in Revenue by 2035
Economic Projections and Export Potential
Workforce and Regional Impact
Supply Chain Localization
Strategic Context: The “Jet Zero” Landscape
AirPro News Analysis
Sources
Photo Credit: Vertical Aerospace
Technology & Innovation
Joby Aviation and Metropolis Develop 25 US Vertiports for eVTOL Launch
Joby Aviation partners with Metropolis Technologies to retrofit parking garages into 25 vertiports across US cities, supporting a 2026 eVTOL commercial launch.
This article is based on an official press release from Joby Aviation.
Joby Aviation has announced a significant infrastructure partnership with Metropolis Technologies to develop a network of 25 vertiports across the United States. The collaboration aims to repurpose existing parking infrastructure into “mobility hubs” to support the commercial launch of electric vertical takeoff and landing (eVTOL) aircraft.
According to the company’s announcement, the partnership will leverage Metropolis’s extensive portfolio of parking facilities to create takeoff and landing sites in key metropolitan areas. By retrofitting existing structures rather than building new terminals from the ground up, Joby intends to accelerate the deployment of its air taxi service, which is currently targeting a commercial launch in 2026.
The initiative addresses one of the most critical challenges in the Urban Air Mobility (UAM) sector: the “last mile” connection. The integration of ground and air travel is designed to offer passengers a seamless transition from their vehicles to Joby’s aircraft, utilizing advanced artificial intelligence to streamline the process.
The core strategy of this partnership involves identifying and upgrading sites within Metropolis’s network, which expanded significantly following its recent acquisition of SP+. With access to over 4,200 parking facilities, the companies plan to select prime locations in high-density urban centers such as Los Angeles, San Francisco, and New York City.
Joby Aviation stated that this retrofit approach offers a distinct advantage over constructing standalone vertiports. By utilizing the top decks of existing parking garages, the partners can reduce upfront construction costs and navigate zoning requirements more efficiently. These sites will be designed to meet the Federal Aviation Administration’s (FAA) Engineering Brief 105A, which outlines the specific design standards for vertiport geometry, marking, and load-bearing capacity.
“For air taxis to deliver on their promise of seamless urban travel, they must connect directly with the existing ground transportation ecosystem. By leveraging existing parking infrastructure… we can maximize the value of those sites without needing to build infrastructure from scratch.”
, JoeBen Bevirt, Founder and CEO of Joby Aviation
Beyond physical infrastructure, the partnership emphasizes the integration of Metropolis’s proprietary technology. The company utilizes AI-powered computer vision to manage facility access and payments. In the context of air travel, this technology aims to facilitate a “drive-in, fly-out” experience. According to the release, cameras will recognize a passenger’s vehicle upon entry, automatically processing parking fees and initiating the check-in process for their flight. This system is intended to eliminate the need for physical tickets, gates, or kiosks, aligning with the industry’s push for a frictionless passenger experience.
“The real world is the next frontier for AI… We are taking the data and recognition capabilities we’ve built in our network and extending it to air travel, creating the seamless, personalized, and magical experience that is the foundation of the Recognition Economy.”
, Alex Israel, CEO of Metropolis Technologies
While the construction of full vertiports is a longer-term project targeting 2026, the partnership includes immediate operational steps. Metropolis subsidiary Bags Inc. will begin providing VIP baggage handling services for Blade Urban Air Mobility, a partner of Joby Aviation, in New York City. This service will support flights between Manhattan and major airports such as JFK and Newark.
Los Angeles has been identified as a primary market for the initial vertiport rollout. The companies are currently evaluating downtown parking structures that can be adapted to support high-frequency air taxi operations. This focus on Los Angeles aligns with Joby’s broader strategy to establish a foothold in regions with high traffic congestion, where the time-saving value of eVTOL aircraft is most apparent.
We observe that this partnership represents a divergent strategy in the race for UAM infrastructure. While competitors like Archer Aviation have partnered with Atlantic Aviation to electrify existing private aviation terminals (FBOs), Joby is betting on bringing aircraft closer to the consumer’s daily commute via parking garages.
The “retrofit” model proposed by Joby and Metropolis may offer scalability advantages. Parking garages are ubiquitous in city centers, whereas private air terminals are typically located on the periphery at airports. If successful, this approach could allow Joby to penetrate dense urban cores more deeply than competitors relying solely on airport-based infrastructure.
However, we note that retrofitting parking decks presents its own engineering challenges, particularly regarding the structural reinforcement required to handle the weight and dynamic loads of landing aircraft, as well as the installation of high-voltage charging infrastructure in older buildings.
Transforming Parking Garages into Mobility Hubs
Integration of AI Technology
Immediate Rollout and Strategic Markets
AirPro News Analysis
Frequently Asked Questions
Sources
Photo Credit: Joby Aviation
Technology & Innovation
Vertical Aerospace Targets Full VX4 Transition Flight in Early 2026
Vertical Aerospace advances VX4 flight tests with 10 piloted flights completed; full transition now targeted for early 2026 amid regulatory updates.
This article is based on an official press release from Vertical Aerospace and includes analysis based on publicly available financial filings.
On December 19, 2025, Vertical Aerospace released a significant operational update regarding the flight testing of its full-scale VX4 prototype. According to the company, the engineering team has successfully completed 10 piloted test flights since receiving a “Permit to Fly” from the UK Civil Aviation Authority (CAA) in November. While the company reports expanding the majority of the flight envelope, the critical milestone of full piloted transition, switching completely from vertical hover to wing-borne cruise, has not yet been achieved.
The Bristol-based eVTOL (electric vertical take-off and landing) manufacturer stated that weather constraints and limited testing windows have pushed the target for full transition into early 2026. This update comes shortly after the company unveiled “Valo,” its production-intent aircraft, earlier this month.
Since resuming flight activities on November 13, 2025, Vertical Aerospace reports that the VX4 prototype has undergone rigorous testing to validate its handling and safety systems. The press release highlights that the aircraft has successfully performed acceleration and deceleration maneuvers and tested various tilt positions for its rotors.
According to Vertical Aerospace, the Test-Flights campaign has achieved several specific technical milestones:
The testing program has successfully validated the in-flight deployment and stowing of rear propellers, propeller spin-up during wing-borne flight, and “prop-hold” functionality.
The company notes that the “majority of the transition envelope” has now been expanded, leaving only the final 10% of the tilt transition untested. The completion of this final phase is required to demonstrate the aircraft’s ability to fly purely on wing lift, a defining characteristic of viable eVTOL technology.
Alongside the flight test updates, Vertical Aerospace announced a regulatory achievement involving the UK Civil Aviation Authority (CAA). The Regulations has granted the company new privileges allowing it to approve its own “Flight Conditions” and issue Permits to Fly for specific scenarios.
In the press release, the company framed this development as a signal of regulatory confidence in their design and engineering processes. This authorization is expected to streamline future testing phases by reducing the administrative lead time required for certain flight approvals. It is important for industry observers to distinguish between the aircraft currently undergoing testing and the product Vertical Aerospace intends to bring to market. The operational update refers specifically to the VX4 prototype, which serves as a testbed for data gathering. However, the commercial future of the company rests on “Valo,” the production model unveiled around December 10, 2025.
While the VX4 validates the core physics and control laws, Valo features a redesigned airframe, updated wing architecture, and an under-floor battery system. The delay in the VX4’s full transition means that critical aerodynamic data needed to finalize Valo’s Certification profile, targeted for 2028, will not be fully available until the prototype completes its envelope expansion in 2026.
The delay of the full transition flight places Vertical Aerospace behind its primary United States competitors in terms of technical milestones. Competitors such as Joby Aviation and Archer Aviation successfully completed full piloted transition flights earlier in 2025. Furthermore, the European market saw a significant contraction earlier this year with the reported insolvency of Lilium in February 2025, highlighting the capital-intensive nature of the sector.
Financial-Results sustainability remains a key focus for Vertical Aerospace. According to the company’s Q3 2025 Business & Strategy Update, Vertical reported a cash position of approximately $117 million. Based on current burn rates, the company projects this capital will fund operations until mid-2026.
With certification slated for 2028, this creates a “funding gap” that the company will need to address. The shift of the transition milestone to 2026 may influence investor sentiment, as the market often looks to technical achievements as validation for further capital injection.
What is the difference between the VX4 and Valo? When will Vertical Aerospace achieve full transition? What is the company’s current financial runway?
Vertical Aerospace Updates VX4 Flight Test Progress; Full Transition Targeted for Early 2026
VX4 Flight Testing Achievements
Regulatory Developments
Strategic Context and Market Position
AirPro News Analysis: The VX4 vs. Valo Distinction
AirPro News Analysis: Financial and Competitive Landscape
Frequently Asked Questions
The VX4 is the current full-scale prototype used for flight testing and validation. Valo is the recently unveiled production-intent aircraft that Vertical Aerospace plans to manufacture commercially, featuring design improvements based on VX4 data.
The company has rescheduled the full piloted transition flight, where the aircraft switches from vertical lift to wing-borne flight, for early 2026, citing weather and scheduling constraints.
As of the Q3 2025 update, Vertical Aerospace holds approximately $117 million in cash, which is projected to sustain operations until mid-2026.
Sources
Photo Credit: Vertical Aerospace
Technology & Innovation
Eve Air Mobility Completes First Flight of Full-Scale eVTOL Prototype
Eve Air Mobility conducted a successful first flight of its full-scale eVTOL prototype in Brazil, validating key systems ahead of 2027 certification.
This article is based on an official press release from Eve Air Mobility.
On December 19, 2025, Eve Air Mobility achieved a critical milestone in the development of its electric vertical take-off and landing (eVTOL) aircraft. The company, a subsidiary of Brazilian aerospace giant Embraer, successfully conducted the first flight of its full-scale prototype at the Embraer test facility in Gavião Peixoto, São Paulo, Brazil.
This uncrewed hover flight validates the fundamental architecture of the aircraft, which utilizes a “Lift + Cruise” configuration distinct from the tilt-rotor designs favored by some competitors. According to the company’s official statement, the test confirmed the functionality of the electric propulsion system and the 5th-generation fly-by-wire controls, performing exactly as computer models had predicted.
While Eve Air Mobility is entering the flight-test phase later than some of its primary rivals, the successful deployment of a full-scale prototype signals the company’s transition from design to execution. With a target Entry into Service (EIS) set for 2027, Eve is leveraging Embraer’s industrial backing to accelerate its Certification program.
The test conducted in Gavião Peixoto was a dedicated hover flight. This specific profile is designed to test the vertical lift capabilities of the aircraft before attempting forward wing-borne flight. The prototype utilized eight dedicated vertical lift rotors to maintain a stable hover, allowing engineers to assess aerodynamic performance and control laws in real-world conditions.
Johann Bordais, CEO of Eve Air Mobility, emphasized the significance of the event in a statement released by the company:
“Today, Eve flew… This flight validates our plan, which has been executed with precision to deliver the best solution for the market.”
Following this successful hover test, the company plans to expand the flight envelope throughout 2026. This will involve transitioning from vertical lift to forward flight, powered by the rear pusher propeller, and testing the aircraft’s fixed wing for cruise efficiency.
The prototype flown represents the configuration intended for commercial certification. Unlike “tilt-rotor” designs that rotate propellers to switch between lift and cruise modes, Eve has opted for a separated “Lift + Cruise” architecture. This design choice prioritizes mechanical simplicity and potentially lower maintenance costs. According to technical specifications released by Eve Air Mobility, the aircraft features:
At AirPro News, we observe that Eve’s successful first flight places it in a unique position within the “race to market.” While competitors like Joby Aviation and Archer Aviation have already logged significant flight hours with full-scale prototypes, including transition flights, Eve’s strategy appears to be one of deliberate, industrial-scale preparation over speed.
The “Lift + Cruise” design philosophy suggests a focus on reliability and operating economics. By avoiding the complex tilting mechanisms found in competitor aircraft, Eve may offer operators a vehicle with fewer moving parts and lower direct maintenance costs. Furthermore, Eve’s relationship with Embraer provides immediate access to a global service and support network, a logistical hurdle that independent Startups must build from scratch.
Despite being arguably the “tortoise” in terms of flight testing timelines, Eve holds the industry’s largest backlog of Letters of Intent (LoI), totaling nearly 3,000 aircraft. This massive order book indicates strong market confidence in Embraer’s ability to deliver a certifiable product.
Looking ahead, Eve Air Mobility has outlined a rigorous schedule for the next two years. The company intends to build five additional conforming prototypes in 2026 to accelerate data collection. These aircraft will be used to accumulate the hundreds of flight hours required for certification authorities.
Luiz Valentini, CTO of Eve, noted the disciplined approach to the upcoming testing phase:
“The prototype behaved as predicted by our models… We will expand the envelope and progress toward transition to wingborne flight in a disciplined manner.”
The company is targeting Type Certification from Brazil’s ANAC in 2027, with concurrent validation sought from the FAA (USA) and EASA (Europe). Commercial deliveries are scheduled to begin immediately following certification.
Eve Air Mobility Successfully Completes First Flight of Full-Scale eVTOL Prototype
Flight Details and Technical Validation
Aircraft Specifications: The “Eve-100”
AirPro News Analysis: The Strategic Landscape
Future Roadmap: Certification and Service
Frequently Asked Questions
Sources
Photo Credit: Embraer
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