Operational Milestones - Vertical Aerospace is on track to meet every communicated target toward Flightpath 2030[16] - The company successfully completed a 15.2-meter battery pack drop test and full-scale thermal runaway propagation test in April 2025[21] - Vertical Aerospace is initiating production with long-range parts purchasing[18] Strategic Partnerships - Bristow upsizing pre-order option to purchase up to 50 more aircraft[41] - Vertical Aerospace announced a partnership with Bristow on June 12, 2025, to provide a "Ready-to-fly" model to Vertical's customers[45] Financial Status - As of June 30, 2025, Vertical Aerospace had £62 million / $85 million in cash and cash equivalents[54] - After a July 2025 fundraise of £52 million / $69 million (gross proceeds), the company's cash position was £104 million / $137 million as of August 5, 2025[54] - Post-July fundraise, Vertical is funded through to the middle of 2026[54] Order Book - Vertical Aerospace has pre-orders for up to 200 aircraft[40] - Avolon has placed orders for at least 100 aircraft and up to 250 aircraft[40] - Other partners have placed orders for up to 500 aircraft, up to 100 aircraft, up to 100 aircraft, up to 50 aircraft, and up to 50 aircraft[40]