BETA Technologies, Inc.

BETA Technologies, Inc. Announces Third Quarter 2026 Results

BETA Technologies delivered record Q3 2026 revenue of $17.7 million, up 98% year-over-year and above its guidance range, with a net loss of $119.1 million and Adjusted EBITDA of ($97.4) million. Commercial aircraft backlog grew to just over $4.0 billion, representing 1,040 aircraft in firm and option orders, surpassing the company's year-end target. The A250 became the first electric VTOL aircraft to receive an FAA Special Airworthiness Certificate for market surveys, enabling customer demonstration flights ahead of type certification. BETA raised FY2026 revenue guidance to $52-$57 million while maintaining Adjusted EBITDA guidance of ($400)M to ($445)M; cash stands at $1.34 billion following its IPO.

•17h ago

BETA Completes 14 All-Electric Flights Across Florida Under U.S. DOT and FAA’s eVTOL Integration Pilot Program

BETA Technologies completed 14 all-electric flights across Florida, covering nearly 700 nautical miles with its ALIA CTOL aircraft under the FAA and U.S. DOT eVTOL Integration Pilot Program (eIPP). BETA is participating in seven of the eight eIPP projects selected nationwide, spanning 26 states, and is a partner in Florida's project led by the Florida Department of Transportation alongside Republic Airways, Brickyard Connection and Metro Aviation. The company has logged more than 250,000 nautical miles across its CTOL and VTOL fleet and operates Florida's largest charging network, with chargers online at nine sites from the Panhandle to the Space Coast. The flights generate operational data for the FAA and U.S. DOT to shape rules for safe, routine commercial service — an incremental positive for BETA's commercialization path, though no new financial terms were disclosed.

•4d ago

BETA Becomes First Company to Secure Landmark FAA Authorization to Conduct Flight Operations with Prospective Customers in Electric VTOL Aircraft

BETA Technologies secured a first-of-its-kind FAA Special Airworthiness Certificate for market surveys on its ALIA VTOL (A250) — the first such authorization granted to any electric VTOL aircraft. The authorization lets BETA conduct demonstration flights with operators and key stakeholders, expanding the geographic scope of its operations and supporting commercial adoption ahead of full type certification. The A250 completed its first flight under the new authorization on October 20, flying 34 nautical miles from Plattsburgh, NY to Burlington, VT in 20 minutes. BETA's aircraft have flown more than 250,000 nautical miles combined across its CTOL and VTOL platforms, which share a common propulsion, battery, and charging architecture. Commercial type certification remains the key remaining regulatory hurdle.

•13d ago

BETA Completes Utah eIPP Operations to Support the Future of Radiopharmaceutical Delivery and Treatment

BETA Technologies concluded five days of flight operations in Utah under the FAA and U.S. DOT's eVTOL Integration Pilot Program, demonstrating electric delivery of time-sensitive radiopharmaceuticals with partner Alpine Air. The flights used BETA's all-electric ALIA CTOL and will generate operational data on flight time, dispatch reliability, turnaround and charging time that can support commercial adoption. BETA is participating in seven of the eight eIPP programs selected nationwide. The demonstration extends BETA's Utah presence ahead of the 2034 Olympics and strengthens its cargo and medical end-market positioning, though no revenue impact was disclosed.

•27d ago

BETA Launches North Carolina eIPP Operations to Build a Scalable Model for Rural Healthcare Access

BETA Technologies launched all-electric flight operations in North Carolina under the FAA and U.S. DOT's eVTOL Integration Pilot Program, flying its ALIA CTOL aircraft on healthcare logistics missions since September 17. The campaign covered more than 1,300 nautical miles, connecting regional medical centers with rural communities alongside partners including Metro Aviation, ECU Health, and WakeMed. BETA is participating in seven of the eight eIPP programs selected nationwide, having already flown missions in Virginia, Maryland, Louisiana, and Texas — evidence of broad federal and state adoption of its aircraft and charging infrastructure.

•1mo ago

BETA Technologies, Inc. Announces Second Quarter 2026 Results

BETA Technologies reported Q2 revenue of $14.7 million, up from $6.0 million in the prior year, driven by growth across its commercial, defense, and infrastructure segments. Management raised full-year 2026 revenue guidance to $42 million-$50 million, citing a strengthened commercial backlog that includes a new term sheet with Loganair for five CX300 aircraft. The company maintained a robust balance sheet with $1.48 billion in cash post-IPO, which supported $41.1 million in capital expenditures and key operational milestones such as the first eVTOL Integration Pilot Program flights and high-altitude hybrid-electric demonstrations.

•2mo ago

BETA Technologies and EXIM Bank Announce Intent to Expand Financing Agreement for Up to $1 Billion to Fuel U.S. Aerospace Manufacturing Growth

BETA Technologies announced an intent to expand its financing agreement with EXIM Bank by up to $1 billion, adding $830 million in non-dilutive capital to an existing $170 million tranche. The proceeds are designated to double manufacturing throughput capacity for propulsion and aircraft, supporting vertical integration and domestic job creation. Since the initial financing, BETA's commercial aircraft backlog has grown from $1 billion to $3.9 billion, reflecting strong demand for its ALIA CTOL and VTOL aircraft.

•2mo ago

Loganair Adds BETA Technologies ALIA CTOL Aircraft to Its Fleet, Following Successful Demonstrations in United Kingdom

BETA Technologies signed a term sheet with Loganair for the purchase of five ALIA CTOL aircraft with options for an additional five, expected to enter service in 2029. The agreement follows a successful UK demonstration program where the aircraft completed 23 flights covering over 1,000 nautical miles, validating performance on Loganair's regional routes. This deal positions Loganair to become Europe's first commercial airline operating an electric aircraft fleet, marking a key geographic expansion for BETA.

•3mo ago

BETA Technologies Unveils MV250, Delivering Greater Range, Higher Speed, and Lower Costs for Military Logistics

BETA Technologies unveiled the MV250, a hybrid-electric autonomous VTOL aircraft designed for military logistics, at the Farnborough International Airshow. The aircraft features a reposition range of 1,300 nautical miles and can carry a 2,000-pound payload within a 250 nautical mile tactical range. Developed in partnership with GE Aerospace and Sikorsky, the MV250 leverages the common architecture of BETA’s ALIA platform to lower costs and accelerate fielding.

•3mo ago

Archer Aviation, BETA Technologies and Macquarie Capital Launch ACES: America’s Consortium for Electric Skyways to Bring Interoperable Charging to 250+ Aviation Sites Across America by 2030

Archer Aviation, BETA Technologies, and Macquarie Capital formed America’s Consortium for Electric Skyways (ACES) to deploy interoperable electric chargers at 250+ air taxi sites across the U.S. by 2030. The consortium will leverage BETA’s CCS charging hardware and Archer’s planned operations to build infrastructure in key markets, supported by Macquarie Capital’s strategic advice on capital arrangement. This shared network model aims to support both passenger and cargo eVTOL operators, aligning with the FAA’s eVTOL Integration Pilot Program to accelerate commercial adoption.

•3mo ago

BETA Technologies and Multistate Collaborative Complete First Operational Flights of the U.S. DOT and FAA's eVTOL Integration Pilot Program

BETA Technologies completed the first operational flights under the U.S. DOT and FAA's eVTOL Integration Pilot Program, successfully transporting manufactured organs for United Therapeutics across a 275-nautical-mile corridor spanning Virginia and Maryland. The mission marks a significant milestone in integrating Advanced Air Mobility into the National Airspace System, validating BETA's capability to execute complex, multistate logistics. BETA was selected for seven of the FAA's eight eIPP launch programs, more than any other electric aircraft developer, and plans to expand these operations to at least 26 states.

•3mo ago

Horizon Aircraft Selects BETA Technologies Advanced Flight Control Computers and Software for the Cavorite X7

Horizon Aircraft has selected BETA Technologies to supply advanced flight control computers and software for its Cavorite X7 hybrid-electric VTOL aircraft. This partnership validates BETA’s strategy to act as a merchant supplier of safety-critical components, leveraging its in-house DAL-A certified fly-by-wire platform for third-party OEMs. The deal creates shared economies of scale, as Horizon will use the same FCC hardware as BETA’s own ALIA fleet, reducing component costs and strengthening manufacturing efficiency for both companies.

•3mo ago

Electric Aviation Demonstrations Launch in Hawaiʻi: BETA Technologies and Surf Air Mobility Partner on Landmark Demonstration Program; Hawaiian Airlines Supporting Evaluation Activities

Hawaiian Airlines is partnering with BETA Technologies and Surf Air Mobility to support an electric aviation demonstration program in Hawaiʻi using the ALIA CTOL aircraft. The six-to-eight-week trial aims to gather data on aircraft performance, operating costs, and infrastructure requirements for future interisland service. By sharing operational insights and hosting the launch event, Hawaiian Airlines evaluates the potential integration of electric aircraft into its regional network.

•4mo ago

President Trump’s Transportation Secretary Sean P. Duffy Becomes First Transportation Secretary to Fly in Next Generation Vertical Take-off and Landing Aircraft

U.S. Transportation Secretary Sean P. Duffy flew in BETA Technologies' eVTOL aircraft at the company's Vermont headquarters, marking the first time a Transportation Secretary has flown in such a vehicle. The flight coincided with the unveiling of the FAA's new Electric Integrated Pilot Program (eIPP), which selects eight projects across 26 states to test advanced air mobility vehicles in real-world scenarios. BETA Technologies is developing both eVTOL and eCTOL aircraft, having logged over 135,000 nautical miles with its ALIA family and deploying more than 100 charging sites globally.

•5mo ago

Signature Aviation, BETA Technologies, Republic Airways, and Brickyard Connection Complete Regional Electric Flight Demonstrations Across Florida

BETA Technologies, Republic Airways, Signature Aviation, and Brickyard Connection completed a series of high-cadence electric flight demonstrations in Florida, following earlier winter tests in Vermont and New York. The Florida campaign utilized BETA’s ALIA CX300 aircraft, flying up to nine legs per day with an average charge session of 105 kWh and an energy cost of $16.80 per leg, demonstrating operational viability in hot and humid conditions. Signature Aviation installed BETA’s Charge Cube and Thermal Management System at Kissimmee Gateway Airport, expanding BETA’s charging network to six airports in Florida and over 100 sites globally, supporting a clear path to commercialization for cargo, medical, and passenger missions.

•5mo ago