BETA Technologies, a startup, expects to receive $300 million in funding from General Electric Company through an equity round on September 4, 2025. The transaction is subject to regulatory approval and marks General Electric's participation in BETA's equity round. This significant investment highlights the growing interest in the electric aviation industry.
General Electric Company (GE) has announced a strategic partnership and equity investment agreement with BETA Technologies Inc. to accelerate the development of hybrid electric aviation. The partnership, which is subject to regulatory approval, involves an equity investment of $300 million from GE [1].
Under the agreement, GE and BETA will co-develop a hybrid electric turbogenerator for Advanced Air Mobility (AAM) applications, including long-range Vertical Takeoff and Landing (VTOL) aircraft and future BETA aircraft. This collaboration aims to enhance range, payload, and speed performance compared to existing aircraft in the same segment [2].
The partnership leverages BETA's expertise in high-performance, permanent magnet electric generators and GE's tested turbine, certification, and safety expertise for large-scale manufacturing and electrical power systems. The hybrid solution will tap into existing infrastructure and capabilities, such as GE's CT7 and T700 engines [3].
GE's investment in BETA Technologies underscores the growing interest in the electric aviation industry. The partnership aligns with GE's commitment to work with key industry players to advance technologies that will support the future of flight. GE has been actively developing its own hybrid systems and has achieved multiple milestones in this area, including the world's first test of a megawatt-class and multi-kilovolt (kV) hybrid electric propulsion system in altitude conditions up to 45,000 feet [4].
BETA Technologies has led the AAM industry in electric flight distance and hours flown, generating valuable real-world data. The company's aircraft are engineered for all-weather performance and have been tested to operate reliably in a wide range of environmental conditions [4].
Together, GE Aerospace and BETA will collaborate to develop an additional offering to enable the AAM industry. This partnership marks a significant milestone in the development of electric aviation and highlights the potential of hybrid electric propulsion systems.
References:
[1] https://www.nasdaq.com/articles/ge-aerospace-partners-beta-technologies-boost-hybrid-electric-aviation-development
[2] https://www.flightglobal.com/aerospace/beta-scores-300m-ge-investment-as-part-of-hybrid-electric-pact/164383.article
[3] https://www.tradingview.com/news/DJN_DN20250904003188:0-ge-aerospace-beta-technologies-partner-to-develop-hybrid-electric-turbogenerator/
[4] https://www.marketscreener.com/news/ge-aerospace-and-beta-technologies-partner-to-advance-hybrid-electric-flight-ce7d59d8d889f525
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