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Beta Technologies Inc. announced it raised $375 Million in an initial filing from an offering of $415 Million

Beta Technologies Inc. announced it raised $375 Million in an initial filing from an offering of $415 Million

04/19/22, 8:40 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsouth burlington
Money raised
$375 million
Industry
information technology

Company Info

Company
Beta Technologies
Location
1150 airport drive
south burlington, vermont, united states
Additional Info
BETA Technologies is an electric aviation company based in Burlington, Vermont. Founded in 2017, BETA is working to change the paradigm of how we transport goods and people by making aviation cleaner, safer, and more cost-effective. To do this, the company is producing all-electric aircraft; multimodal, interoperable charging infrastructure; and training programs for next-generation pilots and maintainers. The BETA team has designed and is pursuing certification of two electric aircraft, including an electric fixed-wing and an electric vertical takeoff and landing (eVTOL) aircraft. The company has also brought more than 20 chargers online across the East and Gulf coasts, with over 50 more in development.

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