Beta Technologies
Founded Year
2017Stage
Series B | AliveTotal Raised
$743.68MValuation
$0000Last Raised
$375M | 2 yrs agoAbout Beta Technologies
Beta Technologies is an electric aerospace company focused on the development of vertical take-off and landing (eVTOL) aircraft and supporting charging infrastructure. The company's main offerings include technologically advanced electric vertical aircraft and an extensive charging infrastructure for commercial electric flight. Beta Technologies primarily serves the aerospace and transportation industries. It was founded in 2017 and is based in South Burlington, Vermont.
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ESPs containing Beta Technologies
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The electric vertical take-off and landing (eVTOL) market focuses on aircraft that use electric propulsion systems to vertically take off, hover, and land, primarily targeting urban air mobility and short-distance commercial travel. Unlike traditional VTOLs, which may use jet or rotary engines, eVTOLs rely exclusively on electric power, offering quieter, more environmentally-friendly operation. Th…
Beta Technologies named as Outperformer among 15 other companies, including Airbus, Volkswagen Group, and Hyundai Motor Company.
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Research containing Beta Technologies
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Beta Technologies in 2 CB Insights research briefs, most recently on Aug 30, 2024.
Jul 27, 2022 report
State of Energy Tech Q2’22 ReportExpert Collections containing Beta Technologies
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Beta Technologies is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,244 items
Energy Storage
5,352 items
Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.
Aerospace & Space Tech
3,039 items
These companies provide a variety of solutions, ranging from industrial drones to electrical vertical takeoff vehicles, space launch systems to satellites, and everything in between
Beta Technologies Patents
Beta Technologies has filed 5 patents.
The 3 most popular patent topics include:
- actuators
- avionics
- nasa flight controllers
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
7/31/2022 | 6/4/2024 | Aircraft guns, Actuators, Aircraft configurations, Medium machine guns, NASA flight controllers | Grant |
Application Date | 7/31/2022 |
|---|---|
Grant Date | 6/4/2024 |
Title | |
Related Topics | Aircraft guns, Actuators, Aircraft configurations, Medium machine guns, NASA flight controllers |
Status | Grant |
Latest Beta Technologies News
Sep 11, 2024
The delegation explored the factory’s AAM supply chain and the latest in AAM infrastructure development Press Release PHOTO Vermont: A high-level delegation from Saudi Arabia’s civil aviation sector, led by GACA President Abdulaziz bin Abdullah Al-Duailej, and accompanied by executives and senior representatives from the Ministry of Investment, the Public Investment Fund, the Ministry of Industry and Mineral Resources, as well as local private sector entities including NEOM and the Saudi Aeronautical Engineering Company, toured today BETA Technologies’ manufacturing facility, in Vermont, USA. The delegation visited BETA Technologies’ headquarters, where they explored the factory’s AAM supply chain and the latest in AAM infrastructure development, including state-of-the-art charging stations. The delegation also visited the company’s R&D division and were briefed about the most advanced technologies in eVTOL and eCTOL manufacturing. The visit follows a successful participation at the ICAO’s First AAM Symposium in Montreal, Canada, where GACA showcased the Kingdom’s major developments and unique investment opportunities in the field of AAM. The tour underscores Saudi Arabia’s commitment to localizing the development of similar technologies, ensuring a steady progress in AAM and sustainable innovations following the release of its roadmap earlier this year. Send us your press releases to pressrelease.zawya@lseg.com Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages. © ZAWYA 2024 ZAWYA NEWSLETTERS Get insights and exclusive content from the world of business and finance that you can trust, delivered to your inbox. Subscribe to our newsletters:
Beta Technologies Frequently Asked Questions (FAQ)
When was Beta Technologies founded?
Beta Technologies was founded in 2017.
Where is Beta Technologies's headquarters?
Beta Technologies's headquarters is located at 1150 Airport Drive, South Burlington.
What is Beta Technologies's latest funding round?
Beta Technologies's latest funding round is Series B.
How much did Beta Technologies raise?
Beta Technologies raised a total of $743.68M.
Who are the investors of Beta Technologies?
Investors of Beta Technologies include Fidelity Investments, The Rise Fund, Wealthing VC Club, RedBird Capital Partners, UP Partners and 5 more.
Who are Beta Technologies's competitors?
Competitors of Beta Technologies include Advanced Aircraft Company and 5 more.
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Compare Beta Technologies to Competitors
Advanced Aircraft Company focuses on the development and production of long-endurance vertical take-off and landing unmanned aircraft systems. It offers hybrid-electric unmanned aircraft systems that are designed for long flight times and performance, enabling new types of missions such as large-scale photogrammetry flights. The company was founded in 2017 and is based in Hampton, Virginia.
Ascendance Flight Technologies focuses on decarbonizing air transport through hybrid electric propulsion technology within the aviation industry. The company offers sustainable aircraft designs that aim to reduce carbon emissions and costs while enhancing performance for passenger transport, medical, and cargo services. Ascendance primarily serves sectors seeking environmentally friendly aviation solutions. It was founded in 2018 and is based in Toulouse, France.
Opener is a company focused on the aviation industry, specifically in the development of vertical take-off and landing (VTOL) vehicles. The company's main products are light eVTOL aircrafts, designed for safety, simplicity, and sustainability, which allow users to experience flight in a new and accessible way. These aircrafts are primarily targeted towards the aviation and travel industries. It is based in Palo Alto, California.
Maglev Aero focuses on developing an electric VTOL platform within the aerospace industry. Its main offering includes vertical flight systems designed for urban air mobility. The company primarily caters to sectors seeking air transportation solutions. It was founded in 2018 and is based in Hopkinton, Massachusetts.
AMSL Aero is a company focused on the development of electric Vertical Take Off and Landing (eVTOL) aircraft in the aviation industry. The company's main product, Vertiia, is an emissions-free aircraft designed for long-range travel, offering services in aeromedical, emergency response, passenger transit, and cargo transport. AMSL Aero primarily serves the aeromedical, emergency services, passenger services, and cargo sectors. It was founded in 2017 and is based in Sydney, New South Wales.
AutoflightX is a company focused on the aviation industry, specifically in the development of electric vertical takeoff and landing (eVTOL) aircraft. The company's main product is a sustainable, quiet, and affordable eVTOL aircraft designed for safe and efficient urban operation. The aircraft is intended to revolutionize mass individual transport, offering a fast, clean, and enjoyable flying experience. It was founded in 2018 and is based in Gilching, Germany.
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