Vertical Aerospace (EVTL) investor relations material

Executive summary

• Achieved historic milestones with first two-way piloted transition flights and five days of public demonstrations at Farnborough International Airshow, showcasing aircraft maturity and operational consistency.

• Expanded flight test capacity with a second full-scale prototype and advanced towards certification and industrialization.

• Progressed ecosystem development through partnerships, including Near Earth Autonomy and participation in Honeywell Aerospace-led Project VERTI-GO.

• Secured approximately $100 million in new financing commitments from existing and new investors, strengthening financial position.

• Advanced discussions with the UK Government for up to $30.5 million in grants and support for production facilities, bringing total awarded support to ~$100 million.

Financial highlights

• Announced a financing package expected to provide ~$100 million in gross proceeds from new and existing investors.

• Available cash and equivalents of $134 million as of August 13, 2026, expected to rise to $148 million after all commitments.

• Net cash used in operating activities was $112 million in H1 2026, reflecting investments in flight testing, CDR, manufacturing, and battery programs.

• Aggregate gross proceeds raised since March total $185 million, with $700 million of potential capacity remaining under existing facilities.

• Expected net cash outflows of ~$150 million over the next 12 months, reflecting ongoing investment in certification, manufacturing, and hybrid-electric development.

Outlook and guidance

• Cash runway expected to extend through Q3 2027, with projected net cash outflows from operations of ~$150 million over the next 12 months.

• Critical Design Review targeted by end of 2026 to establish certifiable design baseline.

• Pilot production facility and expanded battery center online in Q3/Q4 2026, with hybrid prototype flight testing in H1 2027 and type certification targeted for 2029.

• Order book updates and new customer announcements anticipated post-CDR, likely towards end of 2026 and into 2027.