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Beta Technologies

APublic (NYSE: BETA)Founded 2017πŸ‡ΊπŸ‡ΈSouth Burlington, Vermont
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CEO

Kyle Clark

Overview

Beta Technologies is an electric aerospace company building the ALIA aircraft family, electric propulsion systems, charging infrastructure, batteries, and flight-critical systems for cargo, passenger, medical, and defense markets. Founded in 2017 by Kyle Clark, the company has taken a stepwise commercialization path centered on certifying its conventional ALIA CTOL aircraft first, while also scaling sales of motors, chargers, and engineering services. Beta went public on the NYSE in November 2025, generated $35.6 million of revenue in 2025, ended the year with an aircraft backlog of 891 units worth about $3.5 billion, and is using the FAA and DOT's eVTOL Integration Pilot Program to begin U.S. deployments ahead of broader commercial service.

Main Products

ALIA CX300

ALIA CX300

In Certification

Conventional takeoff and landing electric aircraft in BETA's ALIA family, designed for cargo, medical, and regional passenger missions using existing airport infrastructure. BETA's stepwise commercialization plan puts the CTOL aircraft into service first before the VTOL variant.

BETA is commercializing the CTOL aircraft first while continuing FAA certification work across the ALIA family.

Range336 nm max demonstrated
Cruise Speed153 kts max speed
Capacity5 passengers or 200 ft3 cargo
Beta Charging Network

BETA's multimodal charging ecosystem spans fixed Charge Cubes, mobile Mini Cubes, and thermal management systems for electric aircraft and EVs. It is designed as both enabling infrastructure for ALIA and a third-party charging product line.

Current network totals 107 sites, with 57 active, and BETA continues to expand domestically and internationally while supporting interoperable charging for third-party aircraft.

Network Footprint107 total sites / 57 active
CompatibilityAircraft and EVs from 12+ manufacturers

H500A Electric Motor

In Certification

BETA's aerospace-grade pusher motor is sold as a standalone propulsion product as well as used inside the ALIA family, giving the company a component business beyond aircraft deliveries.

BETA completed FAA conformity work on all H500A test units in 2025 and says the program remains on track for FAA type certification in the first half of 2026.

Max Power427 kW
Continuous Power300 kW
Efficiency97.5%

ALIA MV250

In Development

Autonomous hybrid-electric VTOL variant aimed at contested logistics, CASEVAC, and other defense missions where payload, austere operation, and optional autonomy matter more than urban air taxi economics.

BETA is advancing the defense-focused MV250 alongside broader autonomy work and says flight testing of its latest autonomy stack is expected to begin in the first half of 2026.

Payload2,000 lbs
Range250+ nm with payload
Max Speed150+ KIAS

What's Next

Certify the H500A motor and keep advancing ALIA certification

The near-term regulatory milestone is FAA type certification for BETA's H500A electric motor in the first half of 2026, alongside continued stepwise certification progress for the ALIA aircraft family.

H1 2026

Start U.S. eIPP aircraft deployments

Deploy ALIA CTOL and later VTOL aircraft across seven eIPP launch programs, using real cargo, medical, and passenger operations to accelerate commercialization and community acceptance.

2026

Turn Surf Air into a launch passenger operator

Use the new Surf Air Mobility order to move from cargo service into launch passenger operations, with Hawaii positioned as the first commercial passenger market under the partnership.

2026-2027

Operations & Revenue

StatusRevenue-generating, pre-certification

Publicly listed and already generating revenue from motors, chargers, charging-network access, and engineering services while advancing FAA certification of the ALIA family. BETA expects initial U.S. aircraft deployments through the FAA and DOT eIPP program in 2026, starting with CTOL operations.

Revenue Streams

Aircraft Sales and Aftermarket Support

Sales of ALIA CTOL and VTOL aircraft to cargo, medical, passenger, and defense operators, plus follow-on support as customer fleets enter service.

Electric Propulsion Systems and Components

Sales of motors and other enabling technologies to external aircraft programs, including Eve Air Mobility, alongside internal use across the ALIA family.

Charging Infrastructure and Network Access

Sales of Charge Cubes and related systems, plus recurring fees from access to BETA's growing multimodal charging network.

Defense and Engineering Services

Government and commercial engineering contracts tied to defense programs, autonomy, and aircraft deployment work, including Army-funded autonomous cargo efforts and broader mission integration.

Key Metrics

Employees

~1,000

Est. Annual Revenue

$35.6M in FY2025 revenue

Commercial Aircraft Backlog

891 aircraft (~$3.5B; 289 firm / 602 options)

Flight Distance

125,000+ nautical miles flown

Charging Network

107 total sites / 57 active

Cash & Equivalents

$1.7B (Dec. 31, 2025)

Timeline

2026eIPP launch selection

BETA is selected for seven of the FAA and DOT's eight eVTOL Integration Pilot Program launch projects, spanning at least 10 states and using a CTOL-first deployment plan before VTOL operations follow.

2025IPO, 100,000+ flight miles, and component expansion

Lists on the NYSE under the ticker BETA, surpasses 100,000 nautical miles flown, grows its charging network to 107 total sites, and lands a 10-year electric motor supply opportunity with Eve Air Mobility worth up to $1B.

2024Series C financing and production ramp

Raises $318M in Series C financing led by QIA to support certification and commercialization, while ramping output from its nearly 200,000-square-foot Vermont production facility and preparing initial customer deliveries.

2022Cross-country flight and military contracts

Kyle Clark flies the ALIA CX300 over 1,400 miles from Vermont to Arkansas, charging at Beta's own charging stations along the route β€” demonstrating the viability of the charging network. Secures U.S. Air Force Agility Prime contracts.

2021ALIA first flight and UPS order

The ALIA conventional takeoff (CX300) variant completes its first flight. UPS places an order for 10 ALIA aircraft with options for up to 150, validating Beta's cargo delivery strategy. Raises $368M Series A from Fidelity and others.

2019United Therapeutics partnership

Partners with United Therapeutics to develop electric aircraft for organ delivery β€” a mission requiring reliable, efficient flight over medium distances. This partnership provides early revenue and a clear use case that shapes the ALIA's design.

2017Founded by Kyle Clark

Kyle Clark founds Beta Technologies in Burlington, Vermont, initially focused on developing electric propulsion systems and charging infrastructure for electric aircraft.

Funding

RoundDateAmountInvestorsSource
Series AApril 2021$368MFidelity Management & Research, Amazon Climate Pledge Fund, Breakthrough Energy Ventures
Series COctober 2024$318MQIA, Fidelity, TPG Rise Climate, United Therapeutics
IPONovember 2025~$1.09B net proceedsPublic investors via NYSE listing