- Vertical Aerospace Ltd (NYSE:EVTL) has partnered with Babcock International Group Plc (OTC:BCKIF), the aerospace, defense, and security company, to explore new applications for its VX4 eVTOL aircraft.
- Vertical and Babcock will set up a Joint Working Group (JWG) to explore how to use the VX4 in new applications such as aerial Emergency Medical Services (EMS) and cargo transportation.
- The partnership will also see the two companies working on developing modular MRO capabilities to enable cost-effective maintenance of the aircraft in both remote and challenging environments.
- Price Action: EVTL shares are trading higher by 9.06% at $5.45 on the last check Monday.
Ocean Power Technologies Sends Letter To Shareholders Highlighting Continued Execution Of Company’s Value-Enhancing Strategy; Urges Shareholders To Vote Only On The White Proxy Card “For” All The Company’s Proposals
Urges Shareholders to Vote Only on the WHITE Proxy Card "FOR" All the Company's Proposals, Including Voting "FOR ALL" of the Board's Highly Qualified and Experienced NomineesOPT's Current Board and Management Team Remain
