GE Aerospace to Invest $300M in Beta Technologies, Develop Hybrid-Electric Turbogenerator for Next-Gen Aircraft

GE Aerospace is investing $300M in Beta Technologies, a startup known for its electric aircraft platform, pending regulatory approval. The partnership aims to develop a hybrid-electric turbogenerator for next-gen aircraft, leveraging GE's existing infrastructure and Beta's expertise in high-performance electric propulsion. The new system is expected to provide greater range, payload capacity, and better aircraft performance.