Vertical Aerospace chair Domhnal Slattery steps down as VX4 industrialisation ramps and up to $850M certification funding procee

Vertical Aerospace says board chair Domhnal Slattery will depart effective 12 May, prompting the company to seek a new chair. The move lands as the VX4 programme enters industrialisation, with reported backing of up to $850M to support certification and early scale-up.

Discovered 2026-05-13T03:31:54.253088-07:00 | 2026-05-13T03:31:54.253088-07:00

Briefing

What Hype is tracking

  • Governance transition at a leading UK eVTOL developer can affect board-level oversight of programme milestones as VX4 moves from flight test into industrialisation and certification execution.
  • The chair change follows the company’s earlier plan to pursue up to $850M for certification and early scale-up (up to $850M financing and additional raise), raising the stakes around timely delivery and spend discipline.
  • It also comes after recent VX4 progress under civil regulatory oversight—context that investors and partners will want reflected in leadership continuity (two-way piloted transition flight under civil oversight).

Reported By

Flying Magazine aeromorning.com Vertical Mag FlightGlobal rotorhub.com
Sources Tracked
6
First Seen
2026-05-13T03:31:54.253088-07:00
Latest Update
2026-05-13T12:18:45.953015-07:00
Coverage
Aviation

Sources

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