FutureFlight
FutureFlight Weekly News Roundup
FutureFlight.aero's Weekly Advanced Air Mobility News Roundup
Vertical Aerospace's VA-X4 eVTOL aircraft will carry four passengers.
Vertical Aerospace's VX4 eVTOL aircraft is to be powered by a new electric propulsion system developed by Rolls-Royce. (Image: Vertical)

Rolls-Royce Plans To Sell Electrical Propulsion Division

Rolls-Royce is open to offers from prospective buyers for its electrical division, which focuses on activities such as developing electric propulsion systems for eVTOLs, including Vertical Aerospace’s VX4. The UK-based aircraft engine maker revealed the move as part of a wider restructuring plan that it rolled out on November 28  in a briefing for financial analysts. The plan could include other divestitures across the group that are expected to raise up to £1.5 billion ($1.9 billion) over the next five years.