Company Description
BETA Technologies, Inc. (NYSE: BETA) is an aerospace company focused on electric aviation. According to its public disclosures, BETA designs, manufactures and sells high-performance electric aircraft, advanced electric propulsion systems, components and charging systems to operators worldwide. The company is active in the emerging Advanced Air Mobility (AAM) sector, developing both aircraft and the supporting ground infrastructure needed for electric flight.
Business focus and product ecosystem
BETA states that it has built and flown a family of ALIA aircraft, which includes conventional fixed-wing electric aircraft referred to as the ALIA CTOL and electric vertical takeoff and landing aircraft referred to as the ALIA VTOL. These aircraft have flown tens of thousands of nautical miles, including multiple trips across the United States. BETA describes its aircraft as high-performance electric platforms designed for a range of missions.
Beyond aircraft, BETA develops advanced electric propulsion systems, including an H500A electric engine program and a pusher propeller that has received FAA Part 35 Type Certification in partnership with Hartzell Propeller. The company also offers charging systems, including certified Charge Cube equipment and a Battery Thermal Management System, and supplies components that support electric aviation operations.
BETA reports that it is deploying a network of electric aviation charging infrastructure, with more than 50 sites online across the United States and Canada. The company has also been selected to provide charging infrastructure and thermal management systems for vertiport networks, including sites at Al Bateen Executive Airport and Zayed International Airport in the United Arab Emirates.
Advanced Air Mobility and autonomy
BETA is closely involved in the development of the Advanced Air Mobility ecosystem. The company highlights participation in U.S. policy and strategy efforts related to AAM, including alignment with the U.S. Department of Transportation’s Advanced Air Mobility National Strategy. BETA describes its mission as creating access and delivering impact for rural and urban communities through safe, reliable, low-cost electric aviation that leverages existing infrastructure with minor improvements.
The company is also investing in autonomous capabilities for its aircraft. BETA reports years of internal autonomy system development and a collaboration with Near Earth Autonomy to integrate perception, guidance, path planning and certifiable autonomous systems. BETA has conducted more than 1,000 hours of uncrewed flights on subscale aircraft and has begun integrating autonomy into its fly-by-wire flight control system, with the goal of enabling both crewed and uncrewed operations for a variety of defense and commercial applications.
Customers and end markets
According to its public statements, BETA serves customers across cargo and logistics, defense, passenger and medical end markets. The company notes that its enabling technologies are designed to be highly scalable and to support cost-effective and safe missions. BETA cites partnerships and demonstration programs with organizations such as Bristow Group and Air New Zealand for ALIA CTOL demonstration flights, as well as defense-related service contracts that contribute to its service revenue.
BETA’s charging and infrastructure solutions are being deployed with airport operators and vertiport developers. For example, Abu Dhabi Airports has contracted BETA to supply certified charging and thermal management systems as part of an AAM vertiport network in the United Arab Emirates. BETA also reports collaboration with General Dynamics on propulsion systems for classified undersea applications, highlighting the use of its electric propulsion technology beyond aviation.
Integrated model and revenue drivers
BETA describes its approach as an integrated model that spans aircraft, charging infrastructure, training and components. The company states that this integrated approach positions it to support policy goals related to domestic manufacturing, workforce development and the scaling of AAM operations. BETA notes that its development of enabling technologies for electric aviation is intended to unlock aftermarket revenue opportunities over the life of each aircraft, as customers rely on propulsion systems, components and charging infrastructure.
In its financial reporting, BETA distinguishes between product revenue and service revenue. Product revenue includes sales of hardware such as motors delivered ahead of schedule, while service revenue is driven by defense contracts and other service arrangements. The company also reports investment in research and development, manufacturing scale-up and infrastructure such as production facilities and vertiports to support commercialization.
Regulatory and certification milestones
BETA emphasizes a stepwise approach to certification and market entry. The company has obtained an FAA Part 35 Type Certification for a pusher propeller used on electric aircraft, which it describes as the first certified AAM-related pusher propeller. This certification supports its efforts to obtain Type Certification for the H500A electric engine under FAA Part 33, given shared requirements between the programs. BETA also reports that its first production ALIA VTOL has received a Special Airworthiness Certificate from the FAA and has entered piloted flight testing.
In policy discussions, BETA highlights its intention to operate within existing regulatory and operational frameworks while supporting modernization of air traffic management and infrastructure. The company positions itself as a participant in government programs such as the Electric Vertical Takeoff and Landing Integration Pilot Program (eIPP), subject to selection, and notes that federal strategies and executive orders provide demand signals for AAM and autonomous aircraft capabilities.
Public company status and capital partnerships
BETA has become a publicly traded company on the New York Stock Exchange under the ticker symbol BETA. The company has completed an initial public offering of Class A common stock and has reported quarterly financial results as a public registrant. In addition to public equity, BETA has entered into a strategic partnership with GE Aerospace that includes a significant equity investment to co-develop a hybrid electric turbogenerator for AAM applications and future BETA aircraft.
The company’s SEC filings and earnings releases indicate that it uses non-GAAP financial measures such as EBITDA and Adjusted EBITDA to evaluate its business, alongside U.S. GAAP metrics. BETA explains that these non-GAAP measures are intended to provide additional insight into its operating performance, while noting their limitations and the importance of reviewing GAAP results and reconciliations.
Geographic footprint and operations
BETA is based in South Burlington, Vermont, as indicated in its SEC filings and press releases. The company reports operational activity across multiple regions, including flights across the United States, Europe and New Zealand, as well as infrastructure deployments in North America and the Middle East. Its charging network includes more than 50 sites online across the United States and Canada, and it is expanding internationally through partnerships with airport operators.
BETA notes participation in customer demonstrations, airshows and joint military exercises, and reports that its aircraft have achieved high dispatch reliability in these operations. The company’s aircraft are engineered for all-weather performance, and BETA references instrument flight rules (IFR) and flight into known icing (FIKI) capability on its near-term roadmap for piloted aircraft.
Position within electric aviation
Within the broader electric aviation and AAM landscape, BETA presents itself as a company that combines aircraft development, propulsion technology, charging infrastructure and autonomy. It highlights recognition such as being named the top company on a list of global GreenTech companies, and it frames its work as contributing to sustainable, reliable and efficient electric aviation for civil and defense customers.
Investors and observers can learn more about BETA’s operations, financial performance and regulatory milestones through its SEC filings, earnings releases and company communications, which detail its aircraft programs, infrastructure deployments, partnerships and progress toward certification and commercialization.
Stock Performance
Latest News
SEC Filings
Financial Highlights
Upcoming Events
Morgan Stanley presentation
Q4 and FY2025 results release
Live earnings webcast
Cantor conference panel
Short Interest History
Short interest in BETA TECHNOLOGIES (BETA) currently stands at 2.5 million shares, up 88.9% from the previous reporting period, representing 1.9% of the float. Over the past 12 months, short interest has increased by 155.8%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for BETA TECHNOLOGIES (BETA) currently stands at 3.1 days, up 119.7% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 212% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 3.1 days.