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Investing.com -- Vertical Aerospace (NYSE:EVTL) stock gained 1% in premarket trading after the company announced it had completed phase 3 wingborne testing with its full-scale VX4 prototype, demonstrating stable and efficient flight.
The aircraft exceeded expectations during piloted flight tests covering 250 miles (400 km), collecting over 22 billion data points in the process. The company is now advancing to the final flight test stage - transition - which it aims to complete by the end of this year.
The successful testing represents a significant milestone for Vertical Aerospace as it progresses toward type certification, which the company is targeting for 2028. The completed phase demonstrated the aircraft’s ability to achieve stable and efficient flight while using its wing for lift.
According to the company, the testing progress reflects continued regulator confidence in its development program. Vertical Aerospace plans to share more details about the testing and its certification pathway at its upcoming Capital Markets Day, scheduled for September 17 in New York.
The VX4 is Vertical Aerospace’s flagship electric vertical takeoff and landing (eVTOL) aircraft, designed for urban air mobility applications. The company is positioning itself in the emerging electric air taxi market, which aims to revolutionize short-distance transportation in urban environments.
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