v3.26.1
Expenses by nature (Details) - GBP (£)
£ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Expense by nature        
Related party administrative expenses £ 62 £ 57 £ 131 £ 151
Share based payment expenses     1,715 1,548
Total administrative & research and development expenses        
Expense by nature        
Total expenses by nature 44,340 24,243 85,298 45,043
Research and development expenses        
Expense by nature        
Staff costs 12,806 8,336 24,529 15,324
Consultancy costs 14,129 1,202 24,686 3,134
Research and development components, parts and tooling 2,802 2,036 6,103 4,333
Total expenses by nature 29,737 11,574 55,318 22,791
Share based payment expenses 658   1,693  
Administrative expenses        
Expense by nature        
Staff costs (excluding share-based payment expenses) 2,874 3,195 6,169 6,050
Consultancy costs 1,096 1,025 1,835 1,641
Share based payment (credit)/charge 763 2,063 1,650 3,207
Legal and financial advisory costs 2,702 1,063 3,221 1,781
HR advisory and recruitment costs 644 627 858 822
IT hardware and Software costs 2,514 1,906 4,924 3,767
Insurance expenses 64 592 126 1,178
Marketing costs 1,492 433 5,694 585
Premises expenses 766 414 1,119 902
Operational travel and logistics costs 764 388 2,263 693
Aviation and aerospace regulatory fees 201 256 622 349
Depreciation expense 229 252 465 466
Amortisation expense   51   107
Depreciation on right of use property assets 258 202 524 360
Other administrative expenses 174 145 379 193
Related party administrative expenses 62 57 131 151
Total expenses by nature £ 14,541 £ 12,612 £ 29,849 £ 22,101