BETA Technologies

BETA Technologies

Electric AIRCRAFT

Company website
Foundation year

2018

About

BETA Technologies is an electric aircraft manufacturer that designs and develops electric planes, critical systems, and components such as motors, batteries, and ground support equipment (GSE) for charging. The company’s technology enables customers to perform all-electric missions across cargo and logistics, medical transport, and passenger operations at significantly lower operating costs.

BETA Technologies is redefining the aerospace industry through the development of its electric aircraft platform and propulsion systems, which are positioned to drive aviation into a new phase of sustainable growth. The company designs, manufactures, and sells high-performance electric aircraft, advanced electric propulsion and charging systems, and related components. In addition, BETA Technologies has invested heavily in the infrastructure necessary to support the adoption of electric aviation, creating the foundation for a transformative shift in the industry. With a differentiated presence in North America, the company is well positioned to expand globally.

 

BETA Technologies’ ALIA CTOL electric aircraft stands at the forefront of the electric aviation industry. The ALIA CTOL has completed thousands of flights and flown nearly 83,000 nautical miles, including operations across North America and Europe. Notably, it achieved the world’s first all-electric passenger flights into John F. Kennedy International Airport, completing the mission with approximately $7.00 in flight fuel costs. This milestone demonstrated the successful integration of electric aircraft into congested national airspace and showcased approximately 95% in fuel cost savings compared to a combustion aircraft, based on the company’s internal estimates.

Underwriters

Morgan Stanley, Goldman Sachs, BofA Securities, Jefferies, TPG Capital BD, LLC, Citigroup, Cantor, BTIG, Needham & Co.


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