Solutions with Henry Blodget How This Company is Building Flying Taxis
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Sep 1, 2025 
Stuart Simpson, CEO of Vertical Aerospace, is on a mission to make flying taxis a reality, while Jason Mudrick, founder of Mudrick Capital Management, supports this revolutionary venture as its largest shareholder. They discuss the exciting timeline for commercial flying taxis, projecting availability by 2028. The conversation dives into the technological advancements needed for eVTOL aircraft, the concept of vertiports in urban transportation, and the essential regulatory frameworks that will ensure safety in this emerging industry.
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Certification Is The Gatekeeper
- Certification is the industry's main bottleneck and should be embraced because it builds consumer trust and insurance viability.
- Rule of thumb: certifying an aircraft typically costs around $1 billion and takes a decade.
Plan For Automated Airspace Management
- Treat air traffic control modernization as an enabler: equip aircraft with transponders and automated separation to scale urban air mobility.
- Plan regulatory and technical integration early so aircraft can 'know' each other's positions and avoid conflicts.
Follow The Regulator's Playbook
- Focus company design and engineering on meeting clear regulator standards (e.g., EASA special condition VTOL) to unlock global markets.
- Use transparent, published certification criteria as a roadmap rather than lobbying for leniency.