BETA Technologies ends Defense Security Control pact

Rhea-AI Filing Summary

BETA Technologies, Inc. reports that the Security Control Agreement dated June 15, 2025 among QIA Industrials Holding, LLC, the company, and the U.S. Department of Defense (through the Defense Counterintelligence and Security Agency) has been terminated as of July 14, 2026.

The agreement had been established to mitigate foreign ownership, control, or influence concerns related to QIA’s prior representation on BETA’s Board of Directors. Because QIA no longer has board representation, the Defense Counterintelligence and Security Agency determined that this mitigation structure is no longer required.

8-K Event Classification

Item 1.02 — Termination of a Material Definitive Agreement

1 item

Item 1.02 Termination of a Material Definitive Agreement Business

A significant contract was terminated, which may affect business operations or revenue.

Key Terms

Security Control Agreement, Defense Counterintelligence and Security Agency, foreign ownership, control, or influence

3 terms

Security Control Agreement regulatory

"received notice ... that the Security Control Agreement (the “SCA”), dated June 15, 2025"

Defense Counterintelligence and Security Agency regulatory

"received notice from the Defense Counterintelligence and Security Agency (“DCSA”)"

foreign ownership, control, or influence regulatory

"put in place to mitigate foreign ownership, control, or influence considerations"

When investors, managers, or other parties based in another country hold enough shares, decision-making power, or close relationships to shape a company’s choices, that is foreign ownership, control, or influence. It matters because it can change who sets strategy and votes, trigger legal or national-security reviews, affect access to markets and capital, and alter perceived risk and value—similar to a neighbor who can quietly decide how your household runs.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What agreement did BETA (BETA) disclose as terminated?

BETA Technologies, Inc. disclosed that its Security Control Agreement with QIA Industrials Holding, LLC and the U.S. Department of Defense, dated June 15, 2025, was terminated. The Defense Counterintelligence and Security Agency concluded the agreement was no longer required.

When was the Security Control Agreement for BETA (BETA) terminated?

The Security Control Agreement was terminated effective July 14, 2026. On that date, the Defense Counterintelligence and Security Agency notified BETA Technologies, Inc. that the mitigation agreement relating to foreign ownership, control, or influence was no longer necessary.

Why was BETA’s (BETA) Security Control Agreement deemed no longer necessary?

The agreement was deemed unnecessary because QIA no longer has representation on BETA’s Board of Directors. The Defense Counterintelligence and Security Agency determined that, without QIA board representation, the foreign ownership, control, or influence mitigation structure was no longer required.

Who were the parties to BETA’s (BETA) Security Control Agreement?

The Security Control Agreement was among BETA Technologies, Inc., QIA Industrials Holding, LLC, and the U.S. Department of Defense acting through the Defense Counterintelligence and Security Agency. It addressed foreign ownership, control, or influence considerations linked to QIA’s prior board role.

What issue did BETA’s (BETA) Security Control Agreement originally address?

The agreement addressed foreign ownership, control, or influence considerations. It was put in place to mitigate national security-related concerns arising from QIA’s prior representation on BETA Technologies, Inc.’s Board of Directors, under oversight from the Defense Counterintelligence and Security Agency.

Does BETA (BETA) still have QIA representation on its Board of Directors?

No. The disclosure explains that QIA no longer has representation on BETA Technologies, Inc.’s Board of Directors. This change in board composition was the basis for the Defense Counterintelligence and Security Agency determining the Security Control Agreement was no longer needed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/22/2026 - 04:50 PM EDT Learn about SEC filing dates

0001784570FALSE00017845702026-07-142026-07-14

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

______________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 14, 2026

______________________________

BETA Technologies, Inc.
(Exact name of registrant as specified in its charter)

Delaware			001-42932			83-1276474
(State or other jurisdiction of incorporation)			(Commission File Number)			(I.R.S. Employer Identification No.)

1150 Airport Drive South Burlington, Vermont			05403
(Address of principal executive offices)			(Zip code)

Registrant’s telephone number, including area code: (802) 281-3623

Not Applicable

(Former name or former address, if changed since last report)

______________________________

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Class A common stock, par value $0.0001 per share			BETA			The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.02. Termination of a Material Definitive Agreement.

On July 14, 2026, BETA Technologies, Inc. (the “Company”) received notice from the Defense Counterintelligence and Security Agency (“DCSA”) that the Security Control Agreement (the “SCA”), dated June 15, 2025, by and among QIA Industrials Holding, LLC (“QIA”), the Company, and the U.S. Department of Defense, is no longer required and has been terminated. The SCA was put in place to mitigate foreign ownership, control, or influence considerations arising from QIA’s prior board representation. Because QIA no longer has representation on the Company’s Board of Directors, DCSA determined that the SCA is no longer necessary.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			BETA Technologies, Inc.
Date: July 22, 2026						/s/ Herman Cueto
						Herman Cueto Chief Financial Officer

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 22.0 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.8 KB