GE Aerospace will invest $300 million in Beta Technologies and partner with the Vermont-based startup to develop a hybrid-electric turbogenerator for next-generation aircraft, the companies announced Thursday. The deal, pending regulatory approval, will also give GE a seat on Beta’s board.
The partnership combines GE’s turbine expertise and infrastructure with Beta’s electric propulsion technology, aiming to boost aircraft range, payload, and performance. Hybrid power systems are gaining traction in the advanced air mobility (AAM) sector, which includes eVTOLs, hydrogen aircraft, and other emerging aviation concepts.
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Beta is working toward certification of its Alia aircraft, available in both conventional takeoff and eVTOL variants. With GE’s backing, Beta’s total funding would rise to $1.45 billion, joining investors such as Amazon’s Climate Pledge Fund and Fidelity Management & Research.
