Company Profile

BETA Technologies Inc
Profile last edited on: 3/21/2023      CAGE: 8EY59      UEI: H7A6K7JLYPS9

Business Identifier: Electric vertical takeoff and landing (eVTOL) aircraft and recharging pad systems
Year Founded
2017
First Award
2020
Latest Award
2020
Program Status
Active
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Location Information

1150 Airport Drive
South Burlington, VT 05403
   (802) 233-6896
   info@beta.team
   www.beta.team/
Location: Single
Congr. District: 00
County: Chittenden

Public Profile

BETA Technologies is structured around creating an electric transportation system that is at the same time quiet, safe, reliable and sustainable. Though the firm's platform and products are strikingly (and deceptively) simple, the assembled team is building an extensive charging infrastructure and ALIA - usefully described as the most technologically advanced electric vertical aircraft (EVA). With the very small scale of VT SBIR participation, and Beta Technologies only having one of the very small, quick decision AF awards made in 2020, Beta Technologies management have prioritized for safety and a pragmatic approach to certification - all serving to drive elegant redundancy, appropriate diversity of implementation and simplicity of control. ALIA's fixed-pitch propellers and centrally located batteries make it an inherently stable aircraft that is safe to fly and easy to maneuver. BETA has committed orders or contracts already with leading operators across military, medical, cargo and passenger applications including UPS, United Therapeutics, Blade and both the US Air Force and US Army. The South Burlington, Vermont-based Beta Technologies' electric vertical take-off and landing aircraft (eVTOL) maker has successfully already raised $886M in financial support - placing the firm in the top dozen SBIR Awardees in amounts raised with most of those also having a public offering .. not yet indicated for Beta Technologies.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
250-500
Revenue Range
20M-50M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2020 2 AF $1,051,249
Project Title: eVTOL Aircraft Adaptation for Cargo Logistics

Key People / Management

  Kyle Clark -- Founder and CEO

  David Churchill -- Director, Systems Engineering

  Herman Wiegman -- CTO

Company News

There are no news available.