EVTOL Startup Beta Raises $368M Through Series A Round

Alia
Beta’s Alia has lift rotors for vertical flight and pusher propeller for wingborne cruise flight.
Credit: Beta Technologies
Beta Technologies has raised $368 million in private funding to advance its Alia electric vertical-takeoff-and-landing aircraft toward certification and production as it aims for first deliveries in 2024. The Series A funding round was led by Fidelity Management & Research and included Amazon’s...

Subscription Required

 

EVTOL Startup Beta Raises $368M Through Series A Round is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.