Beta Technologies Stock

beta.teamIndustrial / Aerospace & DefenseFounded: 2012Funding to Date: $800.62MM

Beta Technologies specializes in the design and development of electric aircraft including advanced flight control and electric propulsion systems, with a focus on clean aviation technology. This company was founded by Kyle Clark in 2012 and is headquarters in South Burlington, VT. Beta Technologies specialties include software development, system integration, power system design, algorithm development, thermal analysis, sensing and control systems.

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Team

Management Team

Kyle Clark
Founder & Chief Executive Officer
Blain Newton
Chief Finance & Operations Officer

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Imagine a flight where silence prevails, where the skies remain undisturbed by the roar of engines. Beta Technologies’ CX300 is a prime example of this transformation. During a recent flight to deliver the aircraft for Air Force testing, pilot Chris Caputo was struck not by the need for recharging stops but by the extraordinary silence of this electric marvel. Unlike traditional aircraft with their thunderous engines, the CX300 glides gracefully through the air, creating an ambiance of serenity comparable to the tranquility enjoyed by electric vehicle drivers.
After partnering with the US Air Force to install the first-ever charging station at a USAF base, Beta Technologies is taking another major step toward electric aircraft operations across America. One of its charging stations will become the first one dedicated to both electric aircraft and ground vehicles in the state of Massachusetts.
Beta Technologies is pursuing Federal Aviation Administration (FAA) certification for a fixed-wing electric airplane after receiving orders from three customers, the company announced Tuesday.
The electric aerospace company signed a lease this month at the former Energizer battery plant to begin research, development and battery validation operations at the facility. The move will help the company develop and validate battery packs able to meet Federal Aviation Administration standards to ensure the company’s electric aircraft are safe and reliable, according to a BETA press release sent out Wednesday.
Updated on: Jul 26, 2024

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