PublicNYSE: BETAFounded 2017🇺🇸South Burlington, VermontCEO Kyle Clark
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.
Latest update Oct 19, 2026
01
Founded in 2017 by Kyle Clark, the company went public on the NYSE in November 2025 and uses a stepwise commercialization path centered on certifying its conventional ALIA CTOL aircraft first while scaling motor, charger, and engineering services. By Q2 2026 its commercial aircraft backlog was 1,001 units worth about $3.9 billion, and a September 8, 2026 investor-relations release said the ALIA family had flown more than 200,000 nautical miles across a charging network of more than 130 sites, still targeting 250,000 nautical miles by year-end. BETA was selected for seven of the eight U.S. eIPP launch programs and flew the program's first operational missions on July 10, 2026, using the ALIA CX300 to carry United Therapeutics' manufactured organs across a ~275-nautical-mile Virginia-Maryland corridor. Texas then became a live eIPP theater: a three-week ALIA campaign from Galveston's Scholes International Airport began August 18, 2026, and from September 10-14 Beta and Joby flew Project Nexus demonstration flights across the Dallas-Fort Worth area. On September 23 BETA said it had launched eIPP operations in North Carolina's eLIFT program since September 17, covering more than 1,300 nautical miles with NCDOT, Metro Aviation, ECU Health and WakeMed. At the July 2026 Farnborough Airshow, Beta unveiled the MV250 - a hybrid-electric autonomous VTOL for military logistics built around a GE Aerospace CT7/T700 turbine and Sikorsky's MATRIX autonomy stack - helped GE, NASA, and Boeing complete the first hybrid-electric flight above 30,000 feet, and signed a term sheet with UK carrier Loganair for up to 10 ALIA CTOL aircraft, positioning Loganair to become Europe's first electric-aircraft airline. Q2 2026 revenue was $14.7 million (up 146% year over year, beating guidance), with FY2026 guidance raised to $42-$50 million and $1.48 billion in cash as of June 30, 2026; no Q3 print has been released (CNBC lists an estimated next earnings date of December 2, 2026). Shares closed at $23.85 on September 25, 2026, for a market cap of about $5.58 billion. H500A motor certification has slipped past its original H1 2026 target, though Beta reported in its Q2 2026 results that it reached agreement with the FAA on the motor's continued-rotation compliance approach and has formal FAA testing underway; CEO Kyle Clark still targets ALIA CX300 type certification in the second half of 2027, with the A250 eVTOL (to be powered by an H500B amended-type-certificate variant) following around 2028.
investors.beta.teamUpdated Sep 27, 2026
Analysis · 6 min read · Aug 13, 2026The long view on Beta Technologies: strategy, technology and what to watch02
2026-2027
BETA flew the first operational eIPP missions on July 10, 2026 (ALIA CX300 carrying United Therapeutics' manufactured organs across a Virginia-Maryland corridor). A three-week Galveston CX300 campaign began August 18, 2026, and from September 10-14 BETA and Joby flew Project Nexus demonstration flights across Dallas-Fort Worth, making Texas the sixth eIPP host location. By its Q2 2026 results (August 12, 2026), BETA reported it was running eIPP cargo and medical-logistics missions with partners across five regions - New York, Texas, Utah, Maryland/Virginia, and Louisiana. On September 10, 2026 Archer and BETA said they would work with TxDOT through ACES to site shared charging for Texas eIPP routes linking Dallas/Fort Worth, Austin, San Antonio, and Houston. The next milestone is broadening these deployments across the seven eIPP launch programs toward routine paid cargo operations, and eventually VTOL missions, ahead of full type certification.
2026-2027
Use the Surf Air Mobility firm order (25 ALIA CTOL + 75 options) to move from cargo service into commercial passenger operations, with Hawaii positioned as the first launch market. A six-to-eight-week interisland electric-aviation demonstration with Surf Air (Mokulele Airlines) and Hawaiian Airlines support began June 25, 2026; that window has now run its course (mid-to-late August 2026) but BETA and Surf Air have not yet publicly reported results or a formal wrap-up. Surf Air's existing passenger demand and airport infrastructure give BETA a ready commercial base once the CX300 is certified (now targeted 2H 2027).
Rest of 2026
2026
Target24-36 months from 23 Sep 2026 (company, exploratory)
2027
Target2027 (exercises); 2028 (production)
Formally unveiled at Farnborough on July 20, 2026, the MV250 pairs a GE Aerospace CT7/T700 hybrid-electric turbine with Sikorsky's MATRIX autonomy stack for contested military logistics. On BETA's August 12, 2026 Q2 earnings call, CEO Kyle Clark reaffirmed the program, disclosing that the U.S. Army's DEVCOM has funded hybridization and autonomy work - including an ALIA CTOL deployment to NATO's Exercise Aurora 26 in Sweden (30 sorties, ~$300 of electricity) - that BETA is rolling up toward a rapid-prototyping contract targeted over the following year, the near-term goal in the defense pipeline ahead of the longer-term targets of government exercises in 2027 and production as soon as 2028.
H2 2027 (CX300)
H500A electric motor certification has slipped past the original H1 2026 target. In its Q2 2026 results (August 12, 2026), BETA reported it reached agreement with the FAA on a continued-rotation compliance approach for the motor, completed durability and lightning-strike teardowns with strong results, and substantially completed software requirements-based testing, with formal FAA testing now underway. CX300 type certification remains targeted for the second half of 2027 per CEO Kyle Clark (from an original late-2025 goal), with commercial operations following and the A250 eVTOL certified around 2028.
2029
Loganair and BETA signed a July 20, 2026 term sheet for up to 10 ALIA CTOL (CX300) aircraft - 5 firm plus 5 options - building on a March 2026 UK demonstration program (23 flights in 10 days). As of September 20, 2026 the deal remains a term sheet with no reported conversion to a firm order. The next steps are converting the term sheet to a firm order and preparing Loganair's UK network for entry into service, targeted for 2029, which would make it Europe's first commercial airline operating an electric aircraft fleet.
Unspecified
TargetUnspecified (subject to due diligence)
BETA and the US Export-Import Bank announced intent on August 4, 2026 to expand their financing relationship with $830 million of incremental, non-dilutive financing on top of an initial roughly $170 million tranche, for up to $1 billion in total. BETA's commercial aircraft backlog has grown from about $1 billion to $3.9 billion since the original EXIM financing, and the expanded funding would roughly double capacity across BETA's manufacturing facilities. As of September 20, 2026 the proposed financing remains subject to due diligence, negotiation, and execution of definitive documentation, with no assurance the parties will complete the transaction and no announced completion date. BETA's own news page still lists the August 4 intent announcement as the latest EXIM item.
03
BETA said October 7 it completed five days of all-electric ALIA CTOL flights in Utah under the FAA and DOT eVTOL Integration Pilot Program, working with Alpine Air Express, UDOT and 47G. Company pages say the routes linked Salt Lake City, Provo and Logan-Cache for time-sensitive medical cargo. BETA said Utah is its latest eIPP deployment after Virginia, Maryland, Louisiana, Texas and North Carolina, and that it is in seven of eight selected national programs.
BETA Technologies said on 23 September 2026 that it has begun eIPP flight operations in North Carolina's eLIFT program, using the all-electric ALIA CTOL with Metro Aviation and healthcare partners including ECU Health and WakeMed. Operations since 17 September included a flyover of the Wright Brothers National Memorial and simulated healthcare-cargo deliveries, covering more than 1,300 nautical miles on routes linking the Research Triangle, Pitt-Greenville Airport and Dare County. The campaign uses BETA's Charge Cube at Raleigh Executive Jetport, with more than 15 additional charging sites in development; Governor Josh Stein's office separately described the state's first electric air taxi flights under the FAA eIPP.
BETA Technologies reported Q2 2026 revenue of $14.7 million on August 12, up 146% year over year and above its $8-11 million guidance range, against a net loss of $148.8 million and adjusted EBITDA of negative $109.8 million. The company raised full-year 2026 revenue guidance to $42-50 million from $39-43 million and held $1.48 billion in cash as of June 30.
BETA Technologies and the US Export-Import Bank announced intent on August 4, 2026 to expand their financing relationship with $830 million of incremental, non-dilutive financing on top of an initial roughly $170 million tranche, for up to $1 billion in total. The funding would roughly double capacity across BETA's manufacturing facilities as its commercial aircraft backlog has grown from about $1 billion to $3.9 billion since the original EXIM financing; the deal remains subject to due diligence and final documentation.
Beta Technologies unveiled the MV250 at the Farnborough International Airshow on July 20, an autonomous hybrid-electric VTOL aircraft aimed at military logistics with a 1,300-nautical-mile repositioning range, a 250-nautical-mile tactical range and a 2,000-pound payload. Sikorsky said it will integrate its MATRIX autonomy suite into the MV250, having already flown the system on Beta's conventional-takeoff CX300 within two weeks of agreeing to the partnership. Beta expects the MV250 to be ready for military exercises in 2027 and to enter production as soon as 2028.
Archer Aviation, BETA Technologies and Macquarie Capital on July 16 launched ACES - America's Consortium for Electric Skyways - a plan to build interoperable charging infrastructure at up to 250 airport and vertiport sites across the US by 2030. The network will use BETA's chargers built on the Combined Charging Standard (CCS), the open standard endorsed by the General Aviation Manufacturers Association and broadly adopted across the eVTOL industry, with initial sites prioritized in California, Texas, Florida and New York where the two air-taxi makers plan to operate. Macquarie Capital will advise the consortium and help arrange the capital to fund site acquisition and construction.
Archer Aviation BETA Technologies FLYING Magazine + Archer Aviation
Beta Technologies and Surf Air Mobility, with Hawaiian Airlines supporting evaluation activities, launched a multi-week electric aviation demonstration program in Hawaii announced June 26 and running six to eight weeks. The campaign flies Beta's all-electric ALIA CTOL aircraft - a single-pilot fixed-wing design rated for up to five passengers, a 387-mile range and sub-one-hour charging - to gather data on performance, operating costs, maintenance, battery use and ground handling across representative interisland missions. The program is aimed at assessing the feasibility of electric aircraft for Hawaii's short inter-island passenger and cargo routes.
Transportation Secretary Sean P. Duffy flew aboard a Beta Technologies ALIA vertical-takeoff aircraft at the company's Vermont headquarters on May 29, the DOT announced June 1 - the first time a sitting U.S. Transportation Secretary has flown in an eVTOL. The visit endorses Beta's role in the FAA's 26-state eVTOL Integration Pilot Program and is the highest-profile Trump-administration backing yet for advanced air mobility, with Duffy framing the technology as central to next-generation U.S. transportation.
04
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.
The crewed, all-electric vertical takeoff and landing (eVTOL) member of the ALIA family - a lift-plus-cruise design with four fixed-pitch overhead rotors for vertical lift and a single rear pusher propeller for forward cruise. It shares roughly 80% commonality with the CX300, including flight controls and cockpit layout, and is the aircraft the defense-focused MV250 is derived from.
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, and anchors the July 2026 ACES consortium with Archer Aviation and Macquarie Capital to build up to 250 interoperable U.S. sites by 2030.
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.
Autonomous hybrid-electric VTOL derivative of the A250 aimed at contested military logistics, CASEVAC, and other defense missions where payload, austere operation, range, and optional autonomy matter more than urban air taxi economics. Formally unveiled at the July 2026 Farnborough Airshow, it pairs a GE Aerospace CT7/T700 hybrid-electric turbine propulsion system with Sikorsky's MATRIX autonomy stack.
05
Q2 2026: $14.7M (up 146% YoY, above $8-11M guidance); FY2026 guidance raised to $42-50M. No Q3 2026 results as of September 20, 2026 (CNBC still lists an estimated next earnings date of December 2, 2026). CNBC trailing-twelve-month revenue is $44.8M as of the September 18, 2026 quote
(~$3.9B; roughly 50% CTOL / 50% VTOL mix), nearing BETA's $4B year-end 2026 target. No newer backlog figure in the September 8, 2026 IR release
(company IR boilerplate as of September 8, 2026, up from 190,000+ at Q2 results; still targeting 250,000 by year-end 2026). No newer company figure as of September 20, 2026
(Q2 2026); September 8 IR boilerplate still says 'more than 130 sites.' Galveston Scholes is BETA's first Texas charger; ACES plus TxDOT are siting shared Texas eIPP chargers after the Sept 10-14 Project Nexus flights
June 30, 2026; latest reported quarter, no newer cash figure as of September 20, 2026
06
Operating status
Revenue-generating, pre-certification
Revenue-generating, pre-certification. On 7 Oct BETA said it completed a five-day Utah eIPP ALIA CTOL campaign with Alpine Air, UDOT and 47G, after earlier eIPP work in Virginia, Maryland, Louisiana, Texas and North Carolina, and that it is in seven of eight selected national programs. WCAX's September 25 North Carolina expansion item is still not an official new-site plan. Q3 2026 results have not been posted. The August 4 EXIM $1B intent and July 20 Loganair term sheet remain unconverted on the IR list.
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 & Flight-Critical Systems
Sales of enabling technologies to external aircraft programs - electric motors (e.g., Eve Air Mobility) and, increasingly, fly-by-wire flight control computers and software (e.g., Horizon Aircraft's Cavorite X7, selected July 2026) - 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. Expanded in July 2026 with the MV250 hybrid-electric military VTOL, built with GE Aerospace's CT7/T700 turbine propulsion and Sikorsky's MATRIX autonomy stack, targeting military exercises in 2027 and production as soon as 2028.
07
How past announced dates turned out.
0/1announced date hit on time
Certify the H500A motor and the ALIA CX300
Target H1 2026 (H500A motor); late 2025 (CX300, original commercialization target) · Resolved May 12, 2026
BETA's Q1 2026 results and earnings call (May 12, 2026) confirmed both certification dates had slipped: H500A motor certification moved past its original first-half-2026 target because of an unresolved FAA 'continued rotation' containment test that engineers have struggled to consistently induce, and ALIA CX300 type certification moved from an original late-2025 target to the second half of 2027. As of late July 2026 the CX300 target remains H2 2027 and the H500A issue remains open, though BETA has said FAA discussions are progressing well - see the current nextSteps entry.
08
2026
Completes five-day Utah eIPP medical-cargo flights
BETA's 7 Oct IR release said it finished five days of ALIA CTOL flights in Utah under the FAA/DOT eIPP with Alpine Air Express, UDOT and 47G, focused on time-sensitive medical cargo including radiopharmaceuticals. The company eIPP page lists routes among Salt Lake City (KSLC), Provo (KPVU) and Logan-Cache (KLGU). UDOT independently described the same-day ALIA CX300 demonstration through uFLY. These were evaluation flights; ALIA remains pre-certification.
CEO confirms Morrisville office section; NC manufacturing still exploratory
On September 23, 2026, at a Raleigh Executive Jetport eIPP event, CEO Kyle Clark told Axios the company had just opened another section of its Morrisville engineering office and started exploring manufacturing in North Carolina. He said the process was still early site visits, other states could still come into play, additional manufacturing was hoped in 24 to 36 months, and the project would be not small. Axios reported around 100 Morrisville engineers, which conflicts with Beta's official nearly 70 jobs since 2023 figure in the same day's IR release. WCAX on September 25 reported Beta was eyeing a North Carolina operations expansion for software and flight-control testing; that is not a company press release and does not name a second campus.
Starts North Carolina eLIFT eIPP medical logistics flights
On 23 September 2026 BETA said it had launched eIPP flight operations in North Carolina's eLIFT program with NCDOT, Metro Aviation, ECU Health and WakeMed, using the ALIA CTOL. Operations since 17 September covered more than 1,300 nautical miles, including a Wright Brothers National Memorial flyover and simulated healthcare-cargo deliveries on routes between Raleigh Executive Jetport, Pitt-Greenville Airport and Dare County Regional Airport. BETA is using its Charge Cube at Raleigh Executive Jetport and said more than 15 additional charging sites are in development across the state.
Flies Project Nexus eIPP demonstrations with Joby across Dallas-Fort Worth
From September 10 to 14, 2026, BETA and Joby Aviation flew eIPP demonstration flights across the Dallas-Fort Worth area under TxDOT's Project Nexus, making Texas the sixth U.S. location to host eIPP trials. Demonstrations began at Perot Field Fort Worth Alliance Airport and expanded across north Texas, including a round trip to Dallas Fort Worth International Airport. The week followed the September 10 ACES/TxDOT charging-siting announcement and puts Texas eIPP work past planning into multi-OEM flight operations on routes that TxDOT intends to grow into regional links among Dallas/Fort Worth, Austin, San Antonio, and Houston.
ALIA CX300 flies a three-week Texas Gulf Coast eIPP campaign from Galveston
On August 18, 2026, BETA began about three weeks of ALIA CX300 test flights from Scholes International Airport in Galveston, Texas, flying routes toward Sugar Land and Brenham to gather heat, humidity, and sea-level operating data. Scholes already hosted BETA's first Texas charging site (a 10-year city ground lease approved in 2024 for an aircraft charger plus two EV chargers). AVweb placed the campaign inside BETA's FAA eIPP work, including the Texas Department of Transportation project that also involves Archer, Joby, and Wisk on regional links among the state's major cities.
ACES consortium plans shared Texas eIPP charging with TxDOT
On September 10, 2026 eVTOL Insights reported that Archer Aviation and BETA, working through America's Consortium for Electric Skyways (ACES) with Macquarie Capital, plan to work with the Texas Department of Transportation to site interoperable electric-aircraft chargers for the state's eIPP routes linking Dallas/Fort Worth, Austin, San Antonio, and Houston, plus rural connections. Potential sites include airports, FBOs, and other points of interest. The Texas work is a state-level next step on the July 2026 ACES plan to electrify up to 250 U.S. aviation sites by 2030.
Q2 revenue beats guidance, loss widens
BETA reports Q2 2026 revenue of $14.7 million on August 12, up 146% year over year and above its $8-11 million guidance range, against a net loss of $148.8 million and adjusted EBITDA of negative $109.8 million. The company raises full-year 2026 revenue guidance to $42-50 million from $39-43 million and reports $1.48 billion in cash as of June 30, 2026. Operationally, BETA reports its ALIA family has flown over 190,000 nautical miles (targeting 250,000 by year-end 2026), its charging network has grown to 138 sites (seven activated in the quarter), and the company reached agreement with the FAA on the H500A motor's continued-rotation compliance approach, having completed durability and lightning-strike teardowns and substantially completed software requirements-based testing, with formal FAA testing now underway.
Loganair signs term sheet, positioning it as Europe's first electric airline
On July 20, 2026, UK regional carrier Loganair and Beta sign a term sheet for up to 10 all-electric ALIA CTOL (CX300) aircraft - 5 firm plus 5 options - which Loganair says will make it Europe's first commercial airline operating an electric aircraft fleet, with entry into service targeted for 2029. The deal follows a UK demonstration program in which Beta's CTOL flew 23 flights in 10 days across Loganair's network in March 2026.
2026
Unveils MV250 hybrid-electric military VTOL with GE and Sikorsky
At the Farnborough International Airshow on July 20, 2026, Beta formally unveils the MV250, a derivative of the crewed A250 built as an autonomous, hybrid-electric VTOL for contested military logistics. It pairs a GE Aerospace CT7/T700 hybrid-electric turbine propulsion system with Sikorsky's MATRIX autonomy stack (used on Sikorsky's pilotless Black Hawk demonstrator), and is specified at a 1,300-nautical-mile reposition range, a 250-nautical-mile tactical range with a 2,000-lb payload, and cruise speed above 170 knots. Beta targets military exercises with the MV250 in 2027 and production as soon as 2028; shares rose nearly 12% on the announcement.
Helps GE, NASA, and Boeing complete first hybrid-electric flight above 30,000 feet
On July 20, 2026, GE Aerospace, NASA, Boeing, and Beta announce the world's first hybrid-electric flight above 30,000 feet - commercial cruise altitude - using a modified Saab 340B testbed and GE's megawatt-class hybrid-electric propulsion system developed under NASA's Electrified Powertrain Flight Demonstration (EPFD) program. Beta acted as systems integrator and operated hybrid-electric flight legs during the more-than-two-hour test, extending its propulsion and flight-test expertise beyond the ALIA family into single-aisle commercial aircraft research.
Announces 100-acre South Burlington campus expansion plan
On June 16, 2026, Beta presents a roughly 100-acre master plan for its South Burlington, Vermont campus to the city's Development Review Board, replacing the 40-acre plan approved in 2023. The plan would move large-components manufacturing in-house and expand technician training capacity over the next decade, adding to a headcount that grew by about 420 employees in the first half of 2026 alone.
ALIA deploys to NATO Exercise Aurora 26 in Sweden
At the invitation of the U.S. Army, BETA deploys an all-electric ALIA CTOL aircraft to Aurora 26, a Swedish-led NATO exercise held April 27-May 13, 2026 across Sweden, the Baltic Sea, and Gotland with about 18,000 participants from 13 countries. Flying alongside conventional military assets in support of logistics operations, BETA completes the deployment flying 30 sorties using only about $300 of electricity, with a single pilot and maintainer required. BETA disclosed the deployment on its August 12, 2026 Q2 earnings call, describing the operational data as directly informing development of the MV250 military variant.
Q1 results confirm certification timeline reset
Beta's May 12, 2026 Q1 2026 results and earnings call formalize a certification timeline slip flagged earlier in the year: H500A motor certification has moved past its original first-half-2026 target because of an unresolved FAA 'continued rotation' containment test, and CEO Kyle Clark now targets ALIA CX300 type certification in the second half of 2027, down from an original late-2025 goal, with the eVTOL A250 following around 2028.
Launches ACES charging consortium with Archer and Macquarie
On July 16, 2026, BETA, Archer Aviation and Macquarie Capital launched ACES - America's Consortium for Electric Skyways - to build interoperable charging infrastructure at up to 250 airport and vertiport sites across the U.S. by 2030. The consortium standardizes on BETA's electric-aviation chargers built to the Combined Charging Standard (CCS), extending BETA's existing charging-network business (123+ sites) into a shared, industry-wide buildout, with initial deployment prioritized in California, Texas, Florida and New York. Macquarie Capital advises the consortium and will help arrange the capital to fund site acquisition and construction.
Flies first operational missions of the U.S. eIPP
On July 10, 2026, BETA and a multistate collaborative completed the first operational flights of the U.S. DOT and FAA's eVTOL Integration Pilot Program (eIPP) - the first electric CTOL flights flown under the program. BETA's all-electric ALIA CX300 carried United Therapeutics' manufactured organs (for research, not a human recipient) across roughly 275 nautical miles between airports in Virginia (Virginia Tech Montgomery Executive in Blacksburg and Charlottesville-Albemarle) and Maryland (Frederick Municipal and Martin State near Baltimore), advancing BETA's long-standing organ-logistics partnership with United Therapeutics and its CTOL-first commercialization plan.
Wins Horizon Aircraft flight-control-systems supply deal
On July 9, 2026, Canada's Horizon Aircraft selected BETA to supply advanced fly-by-wire flight control computers and customized software for its full-scale hybrid-electric VTOL, the Cavorite X7 - deepening BETA's third-party flight-critical-systems business alongside its motor sales. The win, following the multi-year Eve Air Mobility motor supply agreement, underscores BETA's platform strategy of selling propulsion, charging, avionics, and flight-critical systems to other aircraft programs, not just building its own ALIA aircraft.
Launches electric aircraft demonstration program in Hawaii
Announced June 26, 2026, BETA and Surf Air Mobility - with Hawaiian Airlines supporting evaluation activities - began a six-to-eight-week electric aviation demonstration program in Hawaii flying BETA's all-electric ALIA CTOL aircraft. The campaign gathers data on aircraft performance, direct operating costs, maintenance, battery performance and ground handling across representative interisland missions to assess the feasibility of electric aircraft on Hawaii's short inter-island passenger and cargo routes.
Transportation Secretary Duffy flies ALIA at Vermont HQ
On May 29, 2026, U.S. Transportation Secretary Sean P. Duffy flew aboard BETA's ALIA aircraft at the company's South Burlington, Vermont headquarters - the first time a sitting U.S. Transportation Secretary has flown in an eVTOL. The DOT announced the visit on June 1, framing the flight as an endorsement of BETA's role across the eIPP and of advanced air mobility more broadly.
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.
2025
Hartzell propeller earns first FAA Part 35 electric-engine type certificate
On July 21, 2025, Hartzell Propeller receives FAA Part 35 type certification for the five-bladed, fixed-pitch pusher propeller it designed and tested with BETA for the H500A motor - the first propeller certified specifically for an electric aircraft powerplant. Certification followed thousands of hours of ground and flight testing over four years, including novel load cases such as regeneration (using the propeller as a wind turbine to help recharge the aircraft's batteries), marking a component-level milestone directly supporting BETA's H500A motor and ALIA CX300 aircraft certification programs.
IPO, 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.
2024
2022
Cross-country flight and military contracts
Kyle Clark flies an ALIA prototype over 1,400 miles from Plattsburgh, New York to Bentonville, Arkansas, charging at Beta's own charging stations along the route - demonstrating the viability of the charging network. Secures U.S. Air Force Agility Prime contracts.
2021
2019
2017
09
$1.8Bdisclosed across 3 rounds with a stated amount
Cumulative disclosed raise · dated rounds
