Vertical Aerospace Ltd NYSE: EVTL
On July 22, 2026, Vertical Aerospace (NYSE: EVTL) signed a Memorandum of Understanding with Saudi Arabia's General Authority of Civil Aviation (GACA) to establish regulatory and operational foundations for Advanced Air Mobility. The agreement focuses on the validation of Vertical's "Valo" aircraft type certification and the development of regulatory frameworks for eVTOL operations in the Kingdom. Additionally, a separate agreement was signed with Cluster2 Airports Company to explore the deployment of aircraft across Saudi Arabia's airport network, significantly expanding the company's international commercial pipeline.