Overview

• The equity deal is subject to regulatory review, and GE will gain the right to designate a director to Beta’s board if it closes.
• The partners will co-develop a hybrid-electric turbogenerator for Advanced Air Mobility, drawing on GE’s CT7/T700 engine family and Beta’s permanent‑magnet generator expertise.
• Beta plans to integrate and later flight test the system on its ALIA aircraft, with initial focus on enabling long-range VTOL operations for military cargo and logistics.
• The companies say the hybrid solution is intended to deliver greater range, payload, and speed than other aircraft in the segment while leveraging existing fueling infrastructure.
• If approved, the investment would lift Beta’s total funding to roughly $1.45 billion and underscores a broader industry move toward hybrid architectures.