Vertical Aerospace Introduces Velo, Shares Gain
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Vertical Aerospace (NYSE: EVTL) has launched its new commercial electric aircraft, Valo, in New York City, marking its U.S. tour. The aircraft, designed for electric air travel, aims for certification in 2028 and features a premium cabin with four seats. EVTL shares rose by 2.9% to $5.90. This tour follows Valo's unveiling in London and is part of Vertical's strategy to engage with stakeholders ahead of its entry into service.
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