BETA Technologies Takes Flight with IPO for Electric Aircraft Ventures
BETA Technologies, a leading electric aircraft manufacturer, has taken a significant leap forward by filing for a public stock offering on the New York Stock Exchange. This move marks a crucial turning point for the Vermont-based aviation startup.
The company, known for its development of both vertical takeoff and landing (eVTOL) and conventional electric aircraft, lodged its Securities and Exchange Commission filing on September 29, 2025. The aim is to raise capital under the ticker symbol “BETA”. With Morgan Stanley and Goldman Sachs at the helm as lead underwriters, the IPO signifies the company’s drive to expedite the development of its Alia aircraft family.
BETA has an impressive track record, with over 22,000 hours of lab testing and thousands of test flights across North America and Europe. Despite reporting a net loss of $158 million in the first half of 2025, primarily due to $116 million in research and development expenses, the company ended June with a robust $175 million in cash reserves.
Unlike many competitors that have gone public via SPAC mergers, BETA is charting its own course by pursuing a traditional IPO route. The company estimates the market for electric aircraft in its segment to be a whopping $250 billion, with a demand for 60,000 aircraft.
Source: FlightGlobal