DigiTimes 转述 8 天前 Aviation Week 对 Vertical Aerospace CEO 采访：持续经营警告与稀释担忧均为旧闻，无新增利空

As Tesla showcases the new "flying" capability of its next-generation Roadster electric sports car, Vertical Aerospace, a key player in the flying-car sector, is facing regulatory delays and tightening operating funds. The UK electric vertical takeoff and landing (eVTOL) company says its Valo air taxi continues to hit development milestones, but liquidity constraints, a depressed share price and financing-related dilution are raising questions about whether it can secure certification by 2029.

CEO Stuart Simpson told Aviation Week that investors are undervaluing the company's technological progress.
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Simpson said the team completed a piloted transition flight during the Farnborough International Airshow in July and is preparing for a critical design review (CDR). The company also appointed former Airbus executive Fabrice Bregier as chairman.
He stressed that Vertical has completed all of its committed work and milestones, while actual spending has come in below initial estimates.
However, Vertical warned in an interim financial filing released in August that significant uncertainty surrounds its ability to continue as a going concern. Without additional capital, its existing liquidity and financing facilities are expected to fund operations only through the third quarter of 2027, leaving a substantial gap ahead of its target of completing certification in 2029.
Although Vertical has recently secured financing commitments, Simpson acknowledged that the company is reluctant to draw heavily on its equity financing facilities while its share price remains weak. The central concern is shareholder dilution.
He said the facilities are technically available, but the company must assess whether using them is worth the associated dilution at current valuations.