Beta, EXIM Plan $830M Financing Expansion For U.S. Manufacturing

: Beta hopes to certify its CX300 eCTOL aircraft in 2027. Credit: Beta Technologies

Beta hopes to certify its CX300 eCTOL aircraft in 2027.

Credit: Beta Technologies
Beta Technologies has secured approximately $830 million in additional financing from the Export-Import Bank of the U.S. (EXIM), expanding an existing $170 million financing agreement to as much as $1 billion as it ramps up manufacturing ahead of certification and commercial production. The proposed...
Ben Goldstein

Based in Rhode Island, Ben covers advanced air mobility and is a contributor to Aviation Week’s Business Aviation & AAM Report.

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