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Stephen Fitzpatrick

Founder & CEO, Vertical Aerospace

Founder & Group CEO, OVO Energy

London, UK

Founder & Group CEO, OVO Energy
Stephen Fitzpatrick
Sean Fitzpatrick
Laureus World Sports Academy
Andy Florance
CoStar Group

Stephen’s Biography

Stephen Fitzpatrick is a British entrepreneur who believes that technology, ingenuity and focus can solve humanity’s greatest challenge – the climate crisis. For the past 14 years, Stephen’s businesses have been powering progress in the decarbonisation of two of the world’s most polluting sectors – energy and transport.

In 2009, Stephen began OVO Energy with a vision of building a different kind of energy company – one that would help consumers find a cheaper, greener and simpler way to power their homes. Stephen started the company with a few friends around a kitchen table and today 4.5 million households rely on OVO for energy.

Following the success of OVO, Stephen turned his attention to the challenge of decarbonising air travel – in 2015 he founded Bristol-based Vertical Aerospace. Partnering with Rolls Royce, Honeywell, GKN and Microsoft, Vertical is building the world's most advanced all electric air taxi, capable of carrying four passengers at up to 200mph. In 2021, the company listed on the New York Stock Exchange after securing more than 1,000 in initial aircraft orders...
Stephen Fitzpatrick is a British entrepreneur who believes that technology, ingenuity and focus can solve humanity’s greatest challenge – the climate crisis. For the past 14 years, Stephen’s businesses have been powering progress in the decarbonisation of two of the world’s most polluting sectors – energy and transport.

In 2009, Stephen began OVO Energy with a vision of building a different kind of energy company – one that would help consumers find a cheaper, greener and simpler way to power their homes. Stephen started the company with a few friends around a kitchen table and today 4.5 million households rely on OVO for energy.

Following the success of OVO, Stephen turned his attention to the challenge of decarbonising air travel – in 2015 he founded Bristol-based Vertical Aerospace. Partnering with Rolls Royce, Honeywell, GKN and Microsoft, Vertical is building the world's most advanced all electric air taxi, capable of carrying four passengers at up to 200mph. In 2021, the company listed on the New York Stock Exchange after securing more than 1,000 in initial aircraft orders from major global carriers such as Virgin Atlantic, American Airlines and Japan Airlines.

In addition to his entrepreneurship, Stephen is an active campaigner. In 2019 he founded the Zero Carbon campaign that advocated for the implementation of a carbon tax to accelerate the UK’s transition to net zero. The funds collected through this tax would be used to assist individuals, households and businesses in their transition to low-carbon practices.
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Stephen’s Newsfeed

Vertical Aerospace details failure sequence that preceded VX4 crash

In an exclusive interview with The Air Current magazine, Vertical Aerospace's CEO Stephen Fitzpatrick gave details of the accident.

The Times
Vertical has lift-off with CAA approval

Vertical Aerospace was founded by Stephen Fitzpatrick, the green energy billionaire, in 2016. 

View News Archive

Stephen’s Background

Vertical Aerospace
Founder & CEO
2016 - Present
London, UK
Vertical Aerospace uses technology from the aviation, energy, and automotive industries to decarbonise air transport. It conceptualises and builds vertical take-off, electrically-powered aircraft.
OVO Energy
Founder & Group CEO
2009 - Present
London, UK
The objective of the OVO Group is to accelerate progress toward net zero carbon living. The companies under its umbrella are united by a common goal: to power human progress with clean, affordable energy for all.
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Stephen’s Gallery

Previous Board Positions

Manor Racing MRT
Owner and Investor
2015 - Jan 2017
Banbury, UK
Manor Racing MRT was a British Formula One racing team headquartered in Banbury, Oxfordshire.

Media

Stephen Fitzpatrick discusses ways to encourage consumers to adopt greener behaviour
Oct 2020
Stephen Fitzpatrick talks to BusinessGreen about zero carbon aviation, changing consumers' behaviour, and new subscription models for home energy.
Vertical Aerospace set to revolutionise air travel
CEO and Founder, Stephen Fitzpatrick, describes how Vertical Aerospace will completely revolutionise how people think about air travel.
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Interviews

AAM Spotlight: Stephen Fitzpatrick, Vertical Aerospace
May 2023
Stephen Fitzpatrick shared his thoughts about the evolving advanced air mobility (AAM) sector.
The ClimateTech conversation on ...
Oct 2021
Stephen Fitzpatrick talks to Brent Hoberman about energy, SPACs and space. Click link to view.
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Publications

Scaling up for industrialisation into a new era of aviation and transportation
May 2022
Stephen Fitzpatrick talks to management consultants, Roland Berger, about his vision for Vertical Aerospace.
Medium
Contributor
2019
London, UK
OVO Energy Founder Stephen shares his insights into growing concerns in the energy sector on Medium.

Awards & Recognition

Livewire Young Entrepreneur of the Year
Nominee
2001
Belfast, UK
The Shell LiveWIRE Young Entrepreneur of the Year Award competition recognises and celebrates the accomplishments of the UK's most outstanding young entrepreneurs.
The 2017 Maserati 100
Award Recipient
2017
London, UK
The Maserati 100 celebrates game-changing entrepreneurs who are recognised for disrupting the corporate sector. Those featured have had an incredible impact on the economy and society as a whole.

Campaigns & Outreach

Zero Carbon
Founder
Jul 2019 - Present
London, UK
The Zero Carbon campaign successfully called for the UK Government to impose meaningful carbon taxing so that it could meet its net zero 2050 target.