Vertical Aerospace SPAC Presentation Deck
KEY CAPITAL USES
CAPITAL USES ARE CONSERVATIVE AND HAVE BEEN BUILT IN CONJUNCTION WITH PARTNER ECOSYSTEM
Phase I: VA-X4 Design & Certification Program
(2021-2024)
Develop an aircraft capable of certification
and mass production
Build-out of world leading electric aerospace
engineering team
Industrial aerospace partnerships increase
capital efficiency, accelerate path to
certification and leverage partner investment
In-house development of core enabling
battery system and rotor technology
1. UK & Asla expandable to 2k and 3k p.a. respectively.
INVESTOR DECK 2021
Vertical Aerospace 2021-2024 Anticipated
Key Capital Uses ($mm)
Phase I: $248mm net
funding requirement after
accounting for cash on BS
and government grants
296
(48)
Phase 1 (2021-2024)
Phase II: $38mm net funding
requirement accounting for
~$100m of OEM gross profit
contribution forecast in 2024
69
Phase llb
69
Phase lla
(100)
Phase II (2023-2024)
Phase III (2023-2024)
45
Phase II: State of the Art Assembly Facility
(2023-2024)
Staged production scaling to align with
partner pre-orders
Final assembly facilities in the UK and Asia
with annual capacity of 1,500 aircraft each
Highly automated production processes
leveraging latest industry 4.0 technology
Phase III: Commercial Platform & Organization
(2023-2024)
-
Phase III: Commercial Platform & Organization (2023-2024)
R&D to drive additional model and functionality build-out
Expand global sales and service delivery organization
Development of cloud services software platform
PRIVATE & CONFIDENTIAL
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