JWG

Vertical Expands Presence in Asia-Pacific With VX4 Aircraft Pre-order From Leading South Korean Mobility Firm Kakao Mobility

Retrieved on: 
Monday, May 22, 2023

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces that South Korean mobility technology company, Kakao Mobility, has pre-ordered up to 50 of Vertical’s VX4 aircraft, adding South Korea to Vertical’s list of customer launch markets.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces that South Korean mobility technology company, Kakao Mobility, has pre-ordered up to 50 of Vertical’s VX4 aircraft, adding South Korea to Vertical’s list of customer launch markets.
  • Kakao Mobility, the largest Mobility-as-a-Service (MaaS) platform in South Korea with more than 30 million registered users, is the mobility subsidiary of South Korean internet giant, Kakao Corporation.
  • Kakao Mobility runs the country’s most popular taxi-hailing app, Kakao T, providing taxi-hailing, designated driver booking, parking space search, and Kakao Navi app providing real-time traffic information services.
  • South Korea is one of the largest economies in the world and is home to globally leading technology companies.

Vertical Aerospace and Babcock International Partner to Explore New Variants for the VX4

Retrieved on: 
Monday, July 18, 2022

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces a partnership with Babcock International (Babcock) [LON: BAB], the aerospace, defence and security company to explore new applications for its VX4 eVTOL aircraft.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces a partnership with Babcock International (Babcock) [LON: BAB], the aerospace, defence and security company to explore new applications for its VX4 eVTOL aircraft.
  • With todays announcement, Vertical and Babcock will set up a Joint Working Group (JWG) to explore how to use the VX4 in new applications such as aerial EMS and cargo transportation.
  • By reducing the medical response time, Babcock not only saves lives, but also significantly minimises the long-term effects of injuries.
  • I am delighted that Vertical Aerospace will be able support Babcock, a trusted provider of emergency response services, in their efforts to decarbonise their operations.

Vertical Enters the Business Aviation Market With Aircraft Pre-Order From FLYINGGROUP

Retrieved on: 
Friday, July 15, 2022

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, announces today that FLYINGGROUP, one of Europes leading business jet operators, has conditionally pre-ordered up to 50 VX4 aircraft.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, announces today that FLYINGGROUP, one of Europes leading business jet operators, has conditionally pre-ordered up to 50 VX4 aircraft.
  • Todays announcement represents Verticals first commercial agreement within the business aviation market, a further demonstration of the significant market demand for the VX4.
  • Stephen Fitzpatrick, Founder & CEO, Vertical Aerospace, said We are delighted to partner with FLYINGGROUP to change the way people travel throughout the business aviation market.
  • FLYINGGROUP takes care of the entire management of its customers business aircraft, including maintenance, CAMO, certification, crew management, charter sales and flight operations.

Vertical Enters the Business Aviation Market With Aircraft Pre-order From FLYINGGROUP

Retrieved on: 
Friday, July 15, 2022

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, announces today that FLYINGGROUP, one of Europes leading business jet operators, has conditionally pre-ordered up to 50 VX4 aircraft.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, announces today that FLYINGGROUP, one of Europes leading business jet operators, has conditionally pre-ordered up to 50 VX4 aircraft.
  • Todays announcement represents Verticals first commercial agreement within the business aviation market, a further demonstration of the significant market demand for the VX4.
  • Stephen Fitzpatrick, Founder & CEO, Vertical Aerospace, said We are delighted to partner with FLYINGGROUP to change the way people travel throughout the business aviation market.
  • FLYINGGROUP takes care of the entire management of its customers business aircraft, including maintenance, CAMO, certification, crew management, charter sales and flight operations.

Regulatory Reporting Solutions Market to Total US$ 15.5 Bn By 2031 Driven Surging Adoption of Cloud-Based Reporting Solutions: FMI

Retrieved on: 
Monday, October 25, 2021

DUBAI, U.A.E., Oct. 25, 2021 /PRNewswire/ -- As per a recent survey published by FMI, the global regulatory reporting solutions market is expected to surpass US$ 15.5 Bn by 2031.

Key Points: 
  • DUBAI, U.A.E., Oct. 25, 2021 /PRNewswire/ -- As per a recent survey published by FMI, the global regulatory reporting solutions market is expected to surpass US$ 15.5 Bn by 2031.
  • Surging application across insurance, asset management, and investment industries is propelling the demand for regulatory reporting solutions.
  • Regulatory reporting solutions are gaining traction as it assists in risk & compliance management and provides real-time data analysis with scalability and flexibility attributes.
  • High cost of installations and maintenance of regulatory reporting software is hampering regulatory reporting software sales across low-income economies.

Regulatory Reporting Solutions Market to Total US$ 15.5 Bn By 2031 Driven Surging Adoption of Cloud-Based Reporting Solutions: FMI

Retrieved on: 
Monday, October 25, 2021

DUBAI, U.A.E., Oct. 25, 2021 /PRNewswire/ -- As per a recent survey published by FMI, the global regulatory reporting solutions market is expected to surpass US$ 15.5 Bn by 2031. Surging application across insurance, asset management, and investment industries is propelling the demand for regulatory reporting solutions.

Key Points: 
  • DUBAI, U.A.E., Oct. 25, 2021 /PRNewswire/ -- As per a recent survey published by FMI, the global regulatory reporting solutions market is expected to surpass US$ 15.5 Bn by 2031.
  • Surging application across insurance, asset management, and investment industries is propelling the demand for regulatory reporting solutions.
  • Sales of regulatory reporting solutions in India are forecast to project at exponential growth, rising at 21% CAGR from 2021 to 2031.
  • High cost of installations and maintenance of regulatory reporting software is hampering regulatory reporting software sales across low-income economies.