Vertical Aerospace Projected to Deliver £3 Billion Annual Value for UK Economy by 2035, Frontier Economics Report Finds
Independent Analysis Forecasts Significant Impact from Vertical Aerospace’s Expansion
Vertical Aerospace (NYSE: EVTL), a pioneer in electric aviation, stands on the cusp of a major milestone for the UK economy. According to a fresh report from Frontier Economics, Vertical Aerospace could generate up to £3 billion in annual economic value for the UK by 2035, with substantial knock-on effects across jobs, exports, and technology investment.
Company Poised for Explosive Growth and Global Export Leadership
The report, released today, underscores how Vertical is already strengthening the UK’s position in the advanced air mobility (AAM) sector. Highlights from the Frontier Economics assessment include:
- Projected annual revenue near £9 billion by 2035
- Creation of approximately 2,200 high-skilled jobs
- About 90% of revenue expected from international exports
- Estimated £800 million in yearly tax contributions
- Significant investment of roughly £400 million into new UK production facilities
Even before the commercial launch of its VX4 eVTOL (Electric Vertical Take-Off and Landing) aircraft, Vertical Aerospace has begun generating high-value jobs, attracting foreign investment, and supporting regional supply chains—particularly in the South West of England.
| Key Projection | Estimate for 2035 |
|---|---|
| Annual UK Economic Value | £3 billion |
| Annual Revenue | £9 billion |
| High-Skilled Jobs | 2,200 |
| Annual Tax Contributions | £800 million |
| Expected Export Share | 90% |
| Planned Production Investment | £400 million |
VX4 Aircraft and Pre-Order Momentum Underpin Long-Term Potential
At the heart of this growth is the VX4, Vertical’s piloted, four-passenger eVTOL aircraft designed for safe, clean, and efficient travel. Vertical’s pre-order book stands at about 1,500 aircraft, with notable customers including American Airlines, Japan Airlines, GOL, and Bristow Group—demonstrating both domestic and international demand.
These pre-orders, coupled with proprietary technology in batteries and propulsion and deep partnerships with aerospace giants like Honeywell and GKN, position Vertical Aerospace as a leading anchor in the UK’s emerging advanced manufacturing future.
Production Decisions Could Shape Regional Benefits and Skills Development
The company is currently assessing locations for its assembly and battery manufacturing sites, with the final decision expected within the next six months. While the UK is a prime candidate, other global options are also being considered. This choice will further influence the distribution of job creation and investment.
Outlook: Vertical Aerospace as a Catalyst for UK Advanced Manufacturing
The Frontier Economics report calls Vertical “a critical anchor” for the UK’s advanced air mobility ambitions. Its expansion aligns closely with government goals in industrial strategy and advanced manufacturing, and even supports potential dual-use (civilian and defense) roles for its aircraft.
For investors and industry observers, this report paints Vertical as more than just an innovator in electric aviation—it is positioned to shape the UK’s global leadership in next-generation transport technology and create substantial long-term value for the nation’s economy.
Takeaway: Monitoring the Next Milestones
While the future is never guaranteed and projections carry their risks, Vertical Aerospace’s trajectory is supported by robust pre-orders, industry partnerships, and government interest. The coming months will be pivotal as production site decisions and further aircraft testing progress. For anyone tracking the advanced air mobility revolution, Vertical Aerospace remains a name to watch.
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