Beta Technologies Lands $169M Loan From U.S. EXIM Bank

Beta Technologies is looking to certify its electric ALIA aircraft in both conventional and vertical-takeoff-and-landing variants.

 

Credit: Beta Technologies
Electric aircraft developer Beta Technologies has been awarded a $169 million export promotional loan from the U.S. Export-Import (EXIM) Bank, financing that is intended to help the company scale its production facility in Burlington, Vermont. The loan was the second deal authorized under EXIM’s...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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