<p>Vertical Aerospace Ltd.是一家全球航空航天和技术公司，正在通过其创新的电动垂直起降（eVTOL）飞机开创电动航空的先河，旨在实现更安全、更清洁和更安静的出行。该公司最近提供了第三季度更新，强调了其飞行测试和商业战略的重大进展。Vertical Aerospace 即将进入其 VX4 飞机的有人驾驶过渡飞行测试阶段，预计在年底前完成全面过渡飞行。该公司还公布了其认证飞机的设计，拥有该领域最大的客舱，旨在提升乘客舒适度和运营灵活性。</p>
<p>关键财务和战略亮点包括优化的运营前景，目标是在 2030 年前生产至少 175 架飞机，并在年底前实现每年超过 225 架的生产速度。Vertical Aerospace 的目标是到 2030 年实现 20% 的毛利率，规模化后预计增至约 40%，并预计到 2030 年实现超过 1 亿美元的正净运营现金流。该公司仍在按计划实现其 2025 年净运营现金流出指导，得益于严格的成本控制和资本效率。</p>
<p>Vertical Aerospace 计划在 2025 年 12 月的伦敦活动上揭晓其新款全尺寸飞机设计。该公司还在向英国/欧洲认证迈进，预计在 2028 年获得认证，预计成本约为 7 亿美元。该公司目前拥有约 8900 万英镑（1.17 亿美元）的现金及现金等价物，预计可资助运营至 2026 年中，未来 12 个月的净现金流出主要用于原型测试和认证开发。</p>
<p>展望未来，Vertical Aerospace 准备通过其先进的 eVTOL 平台重新定义电动航空市场。该公司致力于实现其目标，利用其合作伙伴关系和专有技术来获得认证和商业可行性。凭借清晰的盈利路径以及对安全和效率的关注，Vertical Aerospace 将在航空航天行业取得重大进展。</p>

EVTL

<p>Vertical Aerospace Ltd. 正在推进电动航空，专注于其电动垂直起降（eVTOL）飞机，以实现更安全、更清洁的旅行。该公司正在进入其 VX4 飞机的有人驾驶过渡飞行测试阶段，预计到年底将进行全面飞行。主要目标包括到 2030 年生产 175 架飞机，实现 20% 的毛利率，以及超过 1 亿美元的正净运营现金流。Vertical Aerospace 拥有 8900 万英镑的现金，足以支持运营至 2026 年中期，并计划在 2028 年之前获得英国/欧洲认证。该公司旨在通过其创新技术和合作伙伴关系重新定义电动航空市场</p>

<p>Vertical Aerospace Ltd., a global aerospace and technology company, is pioneering electric aviation with its innovative eVTOL aircraft designed for safer, cleaner, and quieter travel. The company recently provided a third-quarter update, highlighting significant progress in its flight testing and business strategy. Vertical Aerospace is on the brink of entering the piloted transition flight test phase for its VX4 aircraft, with full transition flights anticipated by the end of the year. The company also unveiled the design of its certification aircraft, boasting the largest cabin in its sector, aimed at enhancing passenger comfort and operational flexibility.</p>
<div class="lb-trans"><p>Vertical Aerospace Ltd.是一家全球航空航天和技术公司，正在通过其创新的电动垂直起降（eVTOL）飞机开创电动航空的先河，旨在实现更安全、更清洁和更安静的出行。该公司最近提供了第三季度更新，强调了其飞行测试和商业战略的重大进展。Vertical Aerospace 即将进入其 VX4 飞机的有人驾驶过渡飞行测试阶段，预计在年底前完成全面过渡飞行。该公司还公布了其认证飞机的设计，拥有该领域最大的客舱，旨在提升乘客舒适度和运营灵活性。</p>
</div><p>Key financial and strategic highlights include a refined operational outlook with a target of producing at least 175 aircraft by 2030, and a run-rate of over 225 aircraft annually by the end of that year. Vertical Aerospace aims for a 20% gross margin by 2030, increasing to approximately 40% at scale, and expects to achieve positive net operating cash flow exceeding $100 million by 2030. The company remains on track to meet its 2025 net operating cash outflow guidance, supported by disciplined cost controls and capital efficiency.</p>
<div class="lb-trans"><p>关键财务和战略亮点包括优化的运营前景，目标是在 2030 年前生产至少 175 架飞机，并在年底前实现每年超过 225 架的生产速度。Vertical Aerospace 的目标是到 2030 年实现 20% 的毛利率，规模化后预计增至约 40%，并预计到 2030 年实现超过 1 亿美元的正净运营现金流。该公司仍在按计划实现其 2025 年净运营现金流出指导，得益于严格的成本控制和资本效率。</p>
</div><p>Vertical Aerospace is set to reveal its new full-size aircraft design at a London event in December 2025. The company is also progressing towards UK/European certification, which is expected by 2028, with a forecasted cost of approximately $700 million. The company has approximately £89 million ($117 million) in cash and cash equivalents, projected to fund operations until mid-2026, with expected net cash outflows for the next 12 months primarily allocated to prototype testing and certification development.</p>
<div class="lb-trans"><p>Vertical Aerospace 计划在 2025 年 12 月的伦敦活动上揭晓其新款全尺寸飞机设计。该公司还在向英国/欧洲认证迈进，预计在 2028 年获得认证，预计成本约为 7 亿美元。该公司目前拥有约 8900 万英镑（1.17 亿美元）的现金及现金等价物，预计可资助运营至 2026 年中，未来 12 个月的净现金流出主要用于原型测试和认证开发。</p>
</div><p>Looking ahead, Vertical Aerospace is poised to redefine the electric aviation market with its advanced eVTOL platform. The company is committed to delivering on its targets, leveraging its partnerships and proprietary technology to achieve certification and commercial viability. With a clear path to profitability and a focus on safety and efficiency, Vertical Aerospace is set to make significant strides in the aerospace industry.</p>
<div class="lb-trans"><p>展望未来，Vertical Aerospace 准备通过其先进的 eVTOL 平台重新定义电动航空市场。该公司致力于实现其目标，利用其合作伙伴关系和专有技术来获得认证和商业可行性。凭借清晰的盈利路径以及对安全和效率的关注，Vertical Aerospace 将在航空航天行业取得重大进展。</p>
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Vertical Aerospace 在电动航空领域的进展