BETA

Beta Technologies, Inc. is an electric aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft and charging infrastructure for cargo and passenger transportation. The company's ALIA aircraft is designed for urban and regional mobility, featuring a proprietary lift-plus-cruise configuration enabling vertical takeoff and efficient forward flight. Beta's initial focus is on cargo operations for customers including United Parcel Service, Air Force Special Operations Command, and medical transport providers. The company is also developing charging infrastructure to support electric aircraft operations. Founded in 2017 by Kyle Clark and headquartered in Burlington, Vermont, Beta has raised significant capital from investors including Fidelity and Amazon to fund aircraft development and certification. Beta emphasizes safety, reliability, and manufacturability in its aircraft design and has accumulated thousands of test flight hours. The company faces technical certification challenges, capital intensity, and competition from other eVTOL developers. Beta continues to work toward FAA certification while building production facilities and establishing pilot customer relationships. The company represents a long-term opportunity in emerging electric aviation markets.