The company raised over $1 billion in its ipo, selling shares at $34 each, above. Faa certified, backed by ups and amazon, and building a u.s [2][3] the company has also developed a.
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Beta technologies, the vermont maker of electric aircraft, has emerged as the dark horse in the race for electric aircraft supremacy with its evtol.
Beta technologies' $7.4b ipo validates electric aircraft economics
Beta technologies’ electric aircraft ipo, valued at $7.4 billion, marks a pivotal moment for the company. Beta technologies completed the first manned, full transition flight of its alia a250 electric vertical takeoff and landing (evtol) aircraft at its flight test facility at plattsburgh international airport in upstate new york.