Vertical Aerospace Appoints Former Airbus Executive Fabrice Brégier as Chairman
Vertical Aerospace (EVTL:NYSE) has appointed Fabrice Brégier, the former CEO of Airbus Commercial Aircraft, to serve as chairman. This move comes as Vertical advances toward certification for its Valo eVTOL aircraft and expands into defense and autonomous systems. The appointment is expected to bolster credibility in a competitive market segment focused on electric vertical takeoff and landing (eVTOL) technology. Brégier brings extensive experience from his tenure at Airbus, where he played key roles in strategic development and operations for commercial aviation. His leadership could help Vertical navigate regulatory hurdles and accelerate its path toward operational readiness. The company is also diversifying into defense applications of eVTOL aircraft, which may open new revenue streams.
Tickers: $EVTL
Topics: Autonomous Technology Defense Electric Aircraft eVTOL