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TrutanklessTM Shipping GEN3: Redefining Electric Tankless Water HeatingThe United States Postal Service might have found a way to unite a nation bitterly divided after this month's election: It will release a Betty White stamp. The beloved actor known for roles in "The Golden Girls," "The Mary Tyler Moore Show," "Boston Legal" and others will be on a 2025 Forever stamp, USPS announced this past week. White died in late December 2021 , less than three weeks before her 100th birthday. The Postal Service hasn't announced a release date for the stamp. Betty White speaks Sept. 17, 2018, at the 70th Primetime Emmy Awards at the Microsoft Theater in Los Angeles. “An icon of American television, Betty White (1922–2021) shared her wit and warmth with viewers for seven decades,” the Postal Service said in announcing the stamp, which depicts a smiling White based on a 2010 photograph by celebrity photographer Kwaku Alston . “The comedic actor, who gained younger generations of fans as she entered her 90s, was also revered as a compassionate advocate for animals.” Boston-based artist Dale Stephanos created the digital illustration from Alston's photo. "I'd love to send a letter back to my 18-year-old self with this stamp on it and tell him that everything is going to be OK," Stephanos posted on Facebook . Regardless of personal politics, self-proclaimed supporters of Republican President-elect Donald Trump and Democratic Vice President Kamala Harris reacted with delight on social media. "Betty White was my hero, all of my life! I actually had a doll when I was a little girl I named Betty White," one Trump supporter posted on X , formerly Twitter. “Something to make this awful week a little better: We’re getting a Betty White stamp,” a pro-Harris X account posted. White combined a wholesome image with a flare for bawdy jokes . Her television career began in the early 1950s and exploded as she aged. “The only SNL host I ever saw get a standing ovation at the after party," Seth Meyers posted on Twitter after her death. "A party at which she ordered a vodka and a hotdog and stayed til the bitter end.” Allen Ludden and his wife Betty White, who love to play games, continue a two year gin rummy battle in which she's ahead by a cumulative 6,000 points in Westchester, N.Y. on April 29, 1965. They do it professionally on TV. He's the master of ceremonies on "Password," and she makes frequent guest appearances on game shows. They play games to relax at home. (AP Photo/Bob Wands) Allen Ludden and his wife Betty White admire magnolia blossoms on the lawn of their country home in Westchester, N.Y. on May 14, 1965. (AP Photo/Bob Wands) Actress Betty White in 1965. (AP Photo) Betty White shares a moment backstage at the 28th annual Emmy Awards with Ted Knight after they each won an Emmy for their supporting roles in "The Mary Tyler Moore Show." On the series Miss White played Sue Ann Nivens while Knight played newscaster Ted Baxter. (AP Photo/Reed Saxon) LOS ANGELES, CA - MAY 17, 1976: (L-R) "The Mary Tyler Moore Show" co-stars - Ed Asner, Betty White, Mary Tyler Moore and Ted Knight - all won awards at the Academy of Television Arts & Sciences 28th Annual Primetime Emmy Awards held at the Shubert Theatre on May 17, 1976 in Los Angeles, California. (Photo by TVA/PictureGroup/Invision for the Academy of Television Arts & Sciences/AP Images) Actress Betty White with Ted Knight at the Emmy Awards in Los Angeles, Sept. 13, 1981. (AP Photo/Randy Rasmussen) Betty White and Anson Williams don't seem to faze Buckeye, a St. Bernard, during an awards ceremony during which Williams was honored by the Los Angeles Society for the Prevention of Cruelty to Animals as a friend and lover of animals. Ms. White presented a humanitarian plaque to Williams at the event, which was held in Hollywood, California, Friday, May 1, 1982. (AP Photo/Marc Karody) Actress Betty White with actor John Hillerman arriving at Emmy Awards, Sept. 22, 1985 in Pasadena, California. (AP Photo/LIU) Actresses Betty White Ludden, left, and Mary Tyler Moore, right, smile at each other in Los Angeles, Friday, June 22, 1985 during Annual Meeting of Morris Animal Foundation, at which Ludden announced her retirement as President of the animal health group, held at the Sheraton Universal Hotel in Los Angeles. (AP Photo/Nick Ut) These four veteran actresses from the television series "The Golden Girls" shown during a break in taping Dec. 25, 1985 in Hollywood. From left are, Estelle Getty, Rue McClanahan, Bea Arthur and Betty White. (AP Photo/Nick Ut) Actress Betty White poses in Los Angeles, Ca. in June, 1986. (AP Photo/Reed Saxon) Betty White stands backstage at the NBC TV Bob Hope "I Love Lucy" special on Sept. 16, 1989. (AP Photo/Djansezian) Michael J. Fox and Betty White, winners of Emmys for best actor and actress in a comedy series, stand backstage at the Pasadena Civic Auditorium in Pasadena, California, Sunday, Sept. 21, 1986 after receiving their honors. (AP Photo/Douglas C. Pizac) Comedienne Betty White places her hand on the star that was presented posthumously to her husband, Allen Ludden, during ceremonies inducting him into the Hollywood Walk of Fame in Hollywood, Los Angeles, Thursday, March 31, 1988. Ludden was honored with the 1,868th star of the famed walkway — between those of White and Tyrone Power. (AP Photo/Nick Ut) Estelle Getty, who plays Sophia, poses with her new husband, who plays Max, and the other "Golden Girls" after taping of episode on Friday, night, Nov. 5,1988 in Hollywood. Left to right are Rue McCLanahan (Blanche), Getty, Gilford, Bea Arthur (Dorothy) and Betty White. (AP Photo/Ira Mark Gostin) Former cast members of the Mary Tyler Moore Show, sans Mary Tyler Moore, are reunited for the Museum of Television and Radio's 9th annual Television Festival in Los Angeles Saturday, March 21, 1992. From left are Gavin MacLeod, Valerie Harper, Cloris Leachman, Betty White and Ed Asner. (AP Photo/Craig Fujii) Actress Betty White, left, writer/producer David E. Kelley, actress Bridget Fonda, and actor Oliver Platt pose at the premiere of their movie "Lake Placid," Wednesday night, July 14, 1999, in Los Angeles. (AP Photo/Mark J. Terrill) Betty White, from "Golden Girls," and Mr. T, Lawrence Tureaud, from "The A Team," pose for photographers at NBC's 75th Anniversary Party, Wednesday, Jan. 9, 2002, in the Hollywood section of Los Angeles. (AP Photo/Rene Macura) Actors Betty White, left, Georgia Engel, second left, Gavin MacLeod, center, Valerie Harper, second right, and John Amos pose for photographers during arrivals at CBS's 75th anniversary celebration Sunday, Nov. 2, 2003, in New York. (AP Photo/Louis Lanzano) Actress Betty White laughs as an African eagle roosts overhead at the Los Angeles Zoo Monday, Feb. 20, 2006, in Los Angeles, where White was honored as Ambassador to the Animals by the city for her decades of dedication to the humane treatment of animals. (AP Photo/Nick Ut) Betty White poses for photographers on the red carpet before Comedy Central's "Roast of William Shatner," Sunday, Aug. 13, 2006, in Los Angeles. (AP Photo/Rene Macura) Betty White arrives at the 34th Annual Daytime Emmy Awards in Los Angeles, on Friday, June 15, 2007. (AP Photo/Mark J. Terrill) Beatrice Arthur, left, Betty White, center, and Rue McClanahan, of the Golden Girls, arrive at the TV Land Awards on Sunday June 8, 2008 in Santa Monica, Calif. (AP Photo/Matt Sayles) Actor Henry Winkler, center, is seen Beatrice Arthur, right, and Betty White at the TV Land Awards on Sunday June 8, 2008 in Santa Monica, Calif. (AP Photo/Matt Sayles) In this Nov. 24, 2009 file photo, actress Betty White poses for a portrait following her appearance on the television talk show "In the House," in Burbank, Calif. (AP Photo/Chris Pizzello, File) Actress Betty White poses for a portrait on the set of the television show "Hot in Cleveland" in Studio City section of Los Angeles on Wednesday, June 9, 2010. (AP Photo/Matt Sayles) Actress Betty White is seen on stage at the Teen Choice Awards on Sunday, Aug. 8, 2010 in Universal City, Calif. (AP Photo/Matt Sayles) Betty White, a cast member in "You Again," poses with fans holding Betty White masks at the premiere of the film in Los Angeles, Wednesday, Sept. 22, 2010. (AP Photo/Chris Pizzello) Actress Betty White wears a U.S. Forest Ranger hat after being named an Honorary Forest Ranger by the US Forest Service, at the Kennedy Center in Washington Washington, Tuesday, Nov. 9, 2010. White has stated in numerous interviews that her first ambition as a young girl was "to become a forest ranger, but they didn't allow women to do that back then". (AP Photo/Cliff Owen) Betty White, left, Bradley Cooper and Scarlett Johansson arrive at the MTV Movie Awards in Universal City, Calif., on Sunday, June 6, 2010. (AP Photo/Matt Sayles) Betty White, left, Kristen Bell, center, and Jamie Lee Curtis, cast members in "You Again," pose together at the premiere of the film in Los Angeles, Wednesday, Sept. 22, 2010. (AP Photo/Chris Pizzello) Betty White, left, accepts the Life Achievement Award from Sandra Bullock at the 16th Annual Screen Actors Guild Awards on Saturday, Jan. 23, 2010, in Los Angeles. (AP Photo/Mark J. Terrill) From left, actresses Betty White, Wendie Malick, Valerie Bertinelli, and Jane Leeves pose for a portrait on the set of the television show "Hot in Cleveland" in Studio City section of Los Angeles on Wednesday, June 9, 2010. (AP Photo/Matt Sayles) Alec Baldwin, left, and Betty White are seen on stage at the 17th Annual Screen Actors Guild Awards on Sunday, Jan. 30, 2011 in Los Angeles. (AP Photo/Mark J. Terrill) Betty White attends a book signing for her book 'If You Ask Me (And Of Course You Won't)' at Barnes & Noble in New York, Friday, May 6, 2011. (AP Photo/Charles Sykes) Actress Betty White attends a press conference prior to the taping of "Betty White's 90th Birthday: A Tribute To America's Golden Girl" on Sunday, Jan. 8, 2012 in Los Angeles. (AP Photo/Vince Bucci) Actress Betty White arrives on a white pony as she is honored at a Friars Club Roast sponsored by Godiva, Wednesday, May 16, 2012 at the Sheraton Hotel in New York. (AP Photo/Starpix, Marion Curtis) Betty White, at left, attends her wax figure unveiling at Madame Tussauds on Monday, June 4, 2012 in Los Angeles. (Photo by Katy Winn/Invision/AP) From left, Sgt. 1st Class Chuck Shuck, Actress Betty White and The 2012 American Hero Dog Gabe pose during 2012 American Humane Association Hero Dog Awards held at the Beverly Hilton Hotel on Saturday, Oct. 6, 2012, in Los Angeles, Calif. (Photo by Ryan Miller/Invision/AP) Betty White and Cloris Leachman onstage at the 24th Annual GLAAD Media Awards at the JW Marriott on Saturday, April 20, 2013 in Los Angeles. (Photo by Todd Williamson/Invision/AP) Ellen DeGeneres, left, presents Betty White with the award for favorite TV icon at the People's Choice Awards at the Nokia Theatre on Wednesday, Jan. 7, 2015, in Los Angeles. (Photo by Chris Pizzello/Invision/AP) Betty White, left, speaks at the 70th Primetime Emmy Awards on Monday, Sept. 17, 2018, at the Microsoft Theater in Los Angeles. Looking on from right are Alec Baldwin and Kate McKinnon. (Photo by Chris Pizzello/Invision/AP) Receive the latest in local entertainment news in your inbox weekly!
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NEW YORK — There's a Christmas Day basketball game at Walt Disney World, featuring Mickey, Minnie, Goofy and Wemby. An animated game, anyway. The real game takes place at Madison Square Garden, where Victor Wembanyama and the San Antonio Spurs face the New York Knicks in a game televised on ABC and ESPN and streamed on Disney+ and ESPN+. The special alt-cast, the first animated presentation of an NBA game, will be shown on ESPN2 and also stream on Disney+ and ESPN+. Madison Square Garden is a staple of the NBA's Christmas schedule. Now it merges with a bigger home of the holidays, because the "Dunk the Halls" game will be staged at Disney, on a court set up right smack in the middle of where countless families have posed for vacation photos. Why that location? Because it was Mickey Mouse's Christmas wish. "Basketball courts often have the ability to make a normal environment look special, but in Disney it can only turn out incredible," Wembanyama said in an ESPN video promoting his Christmas debut. The story — this is Disney, after all — begins with Mickey penning a letter to Santa Claus, asking if he and his pals can host a basketball game. They'll not only get to watch one with NBA players, but some of them will even get to play. Goofy and Donald Duck will sub in for a couple Knicks players, while Mickey and Minnie Mouse will come on to play for the Spurs. "It looks to me like Goofy and Jalen Brunson have a really good pick-and-roll at the elite level," said Phil Orlins, an ESPN vice president of production. Walt Disney World hosted real NBA games in 2020, when the league set up there to complete its season that had been suspended by the COVID-19 pandemic. Those games were played at the ESPN Wide World of Sports. The setting for the Christmas game will be Main Street USA, at the entrance of the Magic Kingdom. Viewers will recognize Cinderella's castle behind one baseline and the train station at the other end, and perhaps some shops they have visited in between. Previous alternate animated broadcasts included an NFL game taking place in Andy's room from "Toy Story;" the "NHL Big City Greens Classic" during a game between the Washington Capitals and New York Rangers; and earlier this month, another NFL matchup between the Cincinnati Bengals and Dallas Cowboys also taking place at Springfield's Atoms Stadium as part of "The Simpsons Funday Football." Unlike basketball, the players are helmeted in those sports. So, this telecast required an extra level of detail and cooperation with players and teams to create accurate appearances of their faces and hairstyles. "So, this is a level of detail that we've never gone, that we've never done on any other broadcast," said David Sparrgrove, the senior director of creative animation for ESPN. Wembanyama, the 7-foot-3 phenom from France who was last season's NBA Rookie of the Year, looks huge even among most NBA players. The creators of the alternate telecast had to design how he'd look not only among his teammates and rivals, but among mice, ducks and chipmunks. "Like, Victor Wembanyama, seeing him in person is insane. It's like seeing an alien descend on a basketball court, and I think we kind of captured that in his animated character," said Drew Carter, who will again handle play-by-play duties, as he had in the previous animated telecasts, and will get an assist from sideline reporter Daisy Duck. Wembanyama's presence is one reason the Spurs-Knicks matchup, the leadoff to the NBA's five-game Christmas slate, was the obvious choice to do the animated telecast. The noon EST start means it will begin in the early evening in France and should draw well there. Also, it comes after ABC televises the "Disney Parks Magical Christmas Day Parade" for the previous two hours, providing more time to hype the broadcast. Recognizing that some viewers who then switch over to the animated game may be Disney experts but NBA novices, there will be 10 educational explainers to help with basketball lingo and rules. Beyond Sports' visualization technology and Sony's Hawk-Eye tracking allow the animated players to make the same movements and plays made moments earlier by the real ones at MSG. Carter and analyst Monica McNutt will be animated in the style of the telecast, donning VR headsets to experience the game from Main Street, USA. Other animated faces recognizable to some viewers include NBA Commissioner Adam Silver, who will judge a halftime dunk contest among Mickey and his friends, and Santa himself, who will operate ESPN's "SkyCam" during the game. The players are curious how the production — and themselves — will look. "It's going to be so crazy to see the game animated," Spurs veteran Chris Paul said. "I think what's dope about it is it will give kids another opportunity to watch a game and to see us, basically, as characters." Get local news delivered to your inbox!
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Kendrick Lamar surprises with new album 'GNX' LOS ANGELES (AP) — Kendrick Lamar gave music listeners an early holiday present with a new album. The Grammy winner released his sixth studio album “GNX” on Friday. The 12-track project is the rapper’s first release since 2022’s “Mr. Morale & The Big Steppers.” Lamar’s new album comes just months after his rap battle with Drake. The rap megastar will headline February's Apple Music Super Bowl Halftime Show in New Orleans. The 37-year-old has experienced massive success since his debut album “good kid, m.A.A.d city” in 2012. Since then, he’s accumulated 17 Grammy wins and became the first non-classical, non-jazz musician to win a Pulitzer Prize. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Ancient meets modern as a new subway in Greece showcases archaeological treasures THESSALONIKI, Greece (AP) — Thessaloniki, Greece’s second-largest city, is opening a new subway system, blending ancient archaeological treasures with modern transit technology like driverless trains and platform screen doors. The project, which began in 2003, uncovered over 300,000 artifacts, including a Roman-era thoroughfare and Byzantine relics, many of which are now displayed in its 13 stations. Despite delays caused by preserving these findings, the inaugural line has been completed, with a second line set to open next year. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. At least 19 people are sick in Minnesota from ground beef tied to E. coli recall U.S. health officials say at least 19 people in Minnesota have been sickened by E. coli poisoning tied to a national recall of more than 167,000 pounds of potentially tainted ground beef. Detroit-based Wolverine Packing Co. recalled the meat this week after Minnesota state agriculture officials reported multiple illnesses and found that a sample of the product tested positive for E. coli O157:H7, which can cause life-threatening infections. Symptoms of E. coli poisoning include fever, vomiting, diarrhea and signs of dehydration. Actor Jonathan Majors’ ex-girlfriend drops assault and defamation lawsuit against once-rising star NEW YORK (AP) — Jonathan Majors’ ex-girlfriend has dropped her assault and defamation lawsuit against the once-rising Hollywood star after reaching a settlement. Lawyers for Majors and Grace Jabbari agreed to dismiss the case with prejudice Thursday. Jabbari is a British dancer who had accused Majors of subjecting her to escalating incidents of physical and verbal abuse during their relationship. Representatives for Majors didn’t respond to emails seeking comment Friday. Jabbari’s lawyer said the suit was “favorably settled” and her client is moving on with “her head held high.” Majors was convicted of misdemeanor assault and harassment last December and sentenced to a yearlong counseling program. Hyundai, Kia recall over 208,000 electric vehicles to fix problem that can cause loss of power DETROIT (AP) — Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash. The recalls cover more than 145,000 Hyundai and Genesis vehicles including the 2022 through 2024 Ioniq 5, the 2023 through 2025 Ioniq 6, GV60 and GV70, and the 2023 and 2024 G80. Also included are nearly 63,000 Kia EV 6 vehicles from 2022 through 2024. The affiliated Korean automakers say in government documents that a transistor in a charging control unit can be damaged and stop charging the 12-volt battery. Dealers will inspect and replace the control unit and a fuse if needed. They also will update software. Christmas TV movies are in their Taylor Swift era, with two Swift-inspired films airing this year Two of the new holiday movies coming to TV this season have a Taylor Swift connection that her fans would have no problem decoding. “Christmas in the Spotlight” debuts Saturday on Lifetime. It stars Jessica Lord as the world’s biggest pop star and Laith Wallschleger, playing a pro football player, who meet and fall in love, not unlike Swift and her boyfriend, Kansas City Chiefs tight end Travis Kelce. On Nov. 30, Hallmark will air “Holiday Touchdown: A Chiefs Love Story.” Instead of a nod to Swift, it’s an ode to family traditions and bonding, like rooting for a sports team. Hallmark’s headquarters is also in Kansas City. Top football recruit Bryce Underwood changes commitment to Michigan instead of LSU, AP source says ANN ARBOR, Mich. (AP) — Top football recruit Bryce Underwood has flipped to Michigan after pledging to play at LSU. That's according to a person familiar with the situation who spoke to The Associated Press on condition of anonymity because they were not authorized to share the recruit’s plans to join the Wolverines. Underwood pinned a post on his Instagram account, showing a post in which On3.com reported that he has committed to Michigan. The 6-foot-3 quarterback played at Belleville High School about 15 miles east of Michigan's campus, and told LSU nearly a year ago he intended to enroll there. Emperor penguin released at sea 20 days after waddling onto Australian beach MELBOURNE, Australia (AP) — The only emperor penguin known to have swum from Antarctica to Australia has been released at sea 20 days after he waddled ashore on a popular tourist beach. The adult male was found on Nov. 1 on sand dunes in temperate southwest Australia about 2,200 miles north of the Antarctic coast. He was released Wednesday from a boat that traveled several hours from Western Australia state's most southerly city of Albany. His caregiver Carol Biddulph wasn't sure at first if the penguin would live. She said a mirror was important to his rehabilitation because they provide a sense of company. Biddulph said: “They’re social birds and he stands next to the mirror most of the time.”
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LONDON & NEW YORK--(BUSINESS WIRE)--Dec 23, 2024-- Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering electric aviation, has entered into definitive documents and received shareholder approval for a transaction that includes up to $50 million in new committed funding. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241223436920/en/ Vertical Aerospace's VX4 prototype, which is currently under going piloted flight tests at its Flight Test Centre. (Photo: Business Wire) Today’s announcement marks the significant advancement of the agreement in principle, announced in November , aimed at strengthening Vertical’s balance sheet by approximately $180 million and accelerating the Company’s Flightpath 2030 strategy . Stuart Simpson, CEO at Vertical, said: “Ending this momentous year with a finalised funding commitment and strong shareholder backing is a tremendous milestone. This moment sets us up perfectly for our biggest year yet - with new investment, piloted testing progress and major technological developments all on the cards." Jason Mudrick, Founder and Chief Investment Officer at Mudrick Capital Management, said: “Vertical is revolutionizing how the world moves, and we are proud to play a pivotal role in positioning the company for success. We look forward to continuing to partner with Vertical’s exceptional team and contributing capital market and other expertise in helping to bring their groundbreaking product offering to reality.” Today’s announcement includes: Notes to Editors About Vertical Aerospace Vertical Aerospace is a global aerospace and technology company pioneering electric aviation. Vertical is creating a safer, cleaner and quieter way to travel. Vertical’s VX4 is a piloted, four passenger, Electric Vertical Take-Off and Landing (eVTOL) aircraft, with zero operating emissions. Vertical combines partnering with leading aerospace companies, including GKN Aerospace, Honeywell and Leonardo, with developing its own proprietary battery and propeller technology to develop the world’s most advanced and safest eVTOL. Vertical has c.1,500 pre-orders of the VX4, with customers across four continents, including American Airlines, Japan Airlines, GOL and Bristow. Headquartered in Bristol, the epicentre of the UK’s aerospace industry, Vertical was founded in 2016 by Stephen Fitzpatrick, founder of the OVO Group, Europe’s largest independent energy retailer. Vertical’s experienced leadership team comes from top tier automotive and aerospace companies such as Rolls-Royce, Airbus, GM and Leonardo. Together they have previously certified and supported over 30 different civil and military aircraft and propulsion systems. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding completion of the committed funding from Mudrick Capital and use of proceeds therefrom, the sufficiency of the proceeds from the committed funding to meet the Company’s more immediate capital expenditure requirements, the Company’s satisfaction of all closing conditions to the committed funding, our ability and plans to raise additional capital to fund our operations, statements regarding the design and manufacture of the VX4, our future results of operations and financial position and expected financial performance and operational performance, liquidity, growth and profitability strategies, business strategy and plans and objectives of management for future operations, including the building and testing of our prototype aircrafts on timelines projected, selection of suppliers, certification and the commercialization of the VX4 and our ability to achieve regulatory certification of our aircraft product on any particular timeline or at all, our plans to mitigate the risk that we are unable to continue as a going concern, our plans for capital expenditures, the expectations surrounding pre-orders and commitments, the features and capabilities of the VX4, the transition towards a net-zero emissions economy, as well as statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate,” “will,” “aim,” “potential,” “continue,” “are likely to” and similar statements of a future or forward-looking nature. Forward-looking statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation: our limited operating history without manufactured non-prototype aircraft or completed eVTOL aircraft customer order; our potential inability to raise additional funds when we need or want them, or at all, to fund our operations; our limited cash and cash equivalents and recurring losses from our operations raise significant doubt (or raise substantial doubt as contemplated by PCAOB standards) regarding our ability to continue as a going concern; our potential inability to produce or launch aircraft in the volumes or timelines projected; the potential inability to obtain the necessary certifications for production and operation within any projected timeline, or at all; the inability for our aircraft to perform at the level we expect and may have potential defects; our history of losses and the expectation to incur significant expenses and continuing losses for the foreseeable future; the market for eVTOL aircraft being in a relatively early stage; any accidents or incidents involving eVTOL aircraft could harm our business; our dependence on partners and suppliers for the components in our aircraft and for operational needs; the potential that certain strategic partnerships may not materialize into long-term partnership arrangements; all of the pre-orders received are conditional and may be terminated at any time and any predelivery payments may be fully refundable upon certain specified dates; any circumstances; any potential failure to effectively manage our growth; our inability to recruit and retain senior management and other highly skilled personnel; we have previously identified material weaknesses in our internal controls over financial reporting which if we fail to properly remediate, could adversely affect our results of operations, investor confidence in us and the market price of our ordinary shares; as a foreign private issuer we follow certain home country corporate governance rules, are not subject to U.S. proxy rules and are subject to Exchange Act reporting obligations that, to some extent, are more lenient and less frequent than those of a U.S. domestic public company; and the other important factors discussed under the caption “Risk Factors” in our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on March 14, 2024, as such factors may be updated from time to time in our other filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. We disclaim any obligation or undertaking to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241223436920/en/ CONTACT: Justin Bates, Head of Communications justin.bates@vertical-aerospace.com +44 7878 357 463 Samuel Emden, Head of Investor Affairs samuel.emden@vertical-aerospace.com +44 7816 459 904 KEYWORD: NEW YORK EUROPE UNITED STATES UNITED KINGDOM NORTH AMERICA INDUSTRY KEYWORD: ENGINEERING AIR TRANSPORT MANUFACTURING SOURCE: Vertical Aerospace Ltd. Copyright Business Wire 2024. PUB: 12/23/2024 04:37 PM/DISC: 12/23/2024 04:37 PM http://www.businesswire.com/news/home/20241223436920/enChargers DB out for season with broken fibula
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