Vertical Aerospace rises on long-range hybrid air-taxi plans

Vertical Aerospace

12/05/2025 13:50

** U.S.-listed shares of UK-based air-taxi maker Vertical Aerospace M000.F up 7.9% to $4.6 premarket

** Co plans long-range hybrid-electric variant of its air-taxi VX4, to widen market reach

** Co says new variant targeted to have a range of up to 1,000 miles - a tenfold increase from its electric predecessor

** 4 of 6 brokerages rate the stock "buy", one "hold" and one "sell"; their median PT is $12 - LSEG

** As of last close, stock down 65.7% YTD

(Reporting by Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com))