BETA Technologies
- Market Valuation$1.4 B2021-05-18
- Total Funding$368 M
OverviewSuggest Edit
BETA Technologies is a company engaged in the design and development of electric aircraft with a focus on clean aviation technology. It specializes in software development, system integration, power system design, algorithm development, thermal analysis, sensing, and control systems.
| Type | Private | |
| Founded | 2012 | |
| HQ | South Burlington, VT, US | Map |
| Website | beta.team |
Recent NewsAll News
- CAE and BETA Technologies announce strategic partnership for pilot and maintenance training program
- Beta Technologies Secures $368 Million In Funding, Reaches Electric Aviation Unicorn Status
- UPS to buy electrical vertical takeoff aircraft from Beta Technologies, with first deliveries expected in 2024
- Flying car pioneer Beta may fly from Springfield charging station soon
Latest Updates
| Employees (est.) (Aug 2022) | 370 | (+3%) |
| Cybersecurity rating | B | More |
Key People/Management at BETA Technologies
Kyle Clark
CEO and Chairman
Blain Newton
Chief Operating Officer
Patrick Buckles
Chief Revenue Officer
Martine Rothblatt
Director
Dean Kamen
Director
Chuck Davis
Director
BETA Technologies Office Locations
BETA Technologies has offices in South Burlington, Plattsburgh, Springfield, Washington and in 1 other location
South Burlington, VT, US (HQ)
1150 Airport Dr
Plattsburgh, NY, US
31 Colorado St
South Burlington, VT, US
1150 Airport Dr
Springfield, OH, US
1251 W Blee Rd
Washington, DC, US
601 New Jersey Ave NW
Williston, VT, US
1081 Avenue D #10
BETA Technologies Financials and Metrics
Summary Metrics
Founding Date | 2012 |
BETA Technologies total Funding | $368 m |
BETA Technologies latest funding size | $368 m |
Time since last funding | a year ago |
BETA Technologies investors | RedBird Capital Partners, Fidelity Management & Research Company, Climate Pledge Fund |
BETA Technologies's latest funding round in May 2021 was reported to be $368 m. In total, BETA Technologies has raised $368 m. BETA Technologies's latest valuation is reported to be $1.4 b.
BETA Technologies Revenue
Market valuation | 1.4b |
- Source: TechCrunch - May 2021
BETA Technologies Cybersecurity Score
BETA Technologies Online and Social Media Presence
BETA Technologies's Trends
BETA Technologies News and Updates
September 15, 2021
CAE and BETA Technologies announce strategic partnership for pilot and maintenance training program
CAE and BETA to partner and create best in class training program for the ALIA Electric Vertical Takeoff and Landing Aircraft (eVTOL) BETA Technologies is an industry leader in Advanced Air Mobility with forward purchase orders from UPS Flight Forward, United Therapeutics & Blade for ALIA...
May 21, 2021
Beta Technologies Secures $368 Million In Funding, Reaches Electric Aviation Unicorn Status
The Vermont-based electric aviation startup Beta Technologies has just closed a Series A round of funding that brought in $368 million. The funding round was led by Fidelity Management & Research Company, and includes an investment from the high profile Amazon Climate Fund. What portion of the i…
April 07, 2021
UPS to buy electrical vertical takeoff aircraft from Beta Technologies, with first deliveries expected in 2024
United Parcel Service Inc. announced Wednesday plans to buy electric vertical takeoff and landing (eVTOL) aircraft from Beta Technologies, for use in select small- and mid-size markets. The aircraft can take off and land on the property of UPS facilities, reducing transit time, emissions and operat…
February 25, 2021
Flying car pioneer Beta may fly from Springfield charging station soon
Flying car developer Beta Technologies may begin flights to and from its new Springfield electric vehicle charging station soon, according to the Air Force colonel who oversees his service’s exploration of the vehicles
BETA Technologies Frequently Asked Questions
When was BETA Technologies founded?
BETA Technologies was founded in 2012.
Who are BETA Technologies key executives?
BETA Technologies's key executives are Kyle Clark, Blain Newton and Patrick Buckles.
How many employees does BETA Technologies have?
BETA Technologies has 370 employees.
Who are BETA Technologies competitors?
Competitors of BETA Technologies include Wisk Aero, Volocopter and Eviation.
Where is BETA Technologies headquarters?
BETA Technologies headquarters is located at 1150 Airport Dr, South Burlington.
Where are BETA Technologies offices?
BETA Technologies has offices in South Burlington, Plattsburgh, Springfield, Washington and in 1 other location.
How many offices does BETA Technologies have?
BETA Technologies has 7 offices.
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