BETA Technologies Inc (BETA) is an electric aviation company that designs, manufactures, and sells electric aircraft and supporting charging infrastructure. Revenue is expected to come from aircraft sales and aviation-centric ground service equipment (GSE), with early-stage focus on cargo, logistics, and medical transport missions ahead of passenger operations. The company completed its IPO on November 5, 2025, selling 34,330,882 shares of Class A common stock at $34.00 per share and receiving net proceeds of approximately $1,103 million (after $63.9 million in underwriting discounts and commissions). BETA operates an approximately 188,000 square foot Final Assembly Facility in South Burlington, Vermont, designed for production of more than 300 aircraft annually at maturity. The company has held U.S. Military and U.S. government contracts, though a Department of Energy research and development grant was canceled in October 2025. Pre-revenue at the time of its 10-K filing (filed 2026-03-09), BETA is pursuing FAA Type Certification for its aircraft before commercial deliveries can begin.

Revenue model

Aircraft sales (ALIA CTOL/CX300, ALIA VTOL/A250, MV250) and aviation-centric charging equipment sales. U.S. Military and U.S. government contracts have provided some prior revenue. Deferred revenue is carried on the balance sheet, consistent with customer deposits or advance payments on Firm Orders. The company is pre-commercial-scale revenue as of the 10-K filed 2026-03-09.

Products and services

Three electric aircraft platforms: ALIA CTOL (CX300), ALIA VTOL (A250), and MV250. Proprietary Enabling Technologies composed of batteries, ground service equipment (GSE), and flight control systems, designed to be centralized, modular, and interchangeable across platforms. Aviation-centric charging equipment. In July 2025, the Hartzell Propeller received FAA Part 35 Type Certification, the first propeller FAA-certified for any electric aircraft.

Customers and end markets

Primary target end markets at market entry are cargo and logistics operators and medical transport. U.S. Military and other U.S. government organizations are existing and prospective contract customers. International civil aviation markets are targeted following FAA Type Certification, with EASA validation discussions initiated for H500A and ALIA CTOL.

Value-chain role

Vertically integrated electric aircraft OEM. Designs and manufactures aircraft, proprietary battery systems, flight control systems, and charging GSE in-house. Final assembly conducted at company-owned facility in South Burlington, Vermont. Pursues direct aircraft sales and government contracts.

Geographic exposure

Headquartered and manufacturing in South Burlington, Vermont. Primary regulatory focus is FAA certification for U.S. market entry. International expansion planned via FAA bilateral agreements and direct EASA validation following U.S. Type Certification.

Source: SEC 10-K, filed 2026-03-09

Industry: Aircraft