Beta

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Aerospace manufacturer of (eVTOL) and (eCTOL) aircraft, (stellarprojectsrussia.com) Issuser Address: GABG62LRVNFRQ6KXZLQUL2CZQILUT6V5MYOYWC2QMR54QWWWL7BWFLPQ ICO On 08/12/2023 CB:30,000%


Project Aurora & Ukaz asset


BETA Technologies in its current form started as a consulting company building propulsion systems for other aerospace companies. We quickly learned that designed electric aircraft was a holistic process. You had to incorporate obviously high energy density batteries, high power density motors, but you had to think about the incorporation, the integration, and think like a system. When we realized that that was very important, we started designed our own aircraft, chargers, control systems, and integration of that propulsion system
- Kyle Clark, BETA Founder (https://youtu.be/kDyX6zRUDTM?si=LtbCUWacbYEjA6UP)


BETA Technologies was founded in 2017 and is an aerospace manufacturer developing electric vertical take off and landing (eVTOL) and electric conventional take-off and landing (eCTOL) aircraft for the cargo, medical passenger, and military aviation industries. It has also developed a network of superquick, turbocharging electric chargers which can supply power to their aircraft and other electric vehicles. Training programs for future electric aircraft pilots and maintainers are also provided

Their founder Kyle Clark is an experienced pilot and engineer and became BETA's first test pilot. Back in 2017, they signed their first contract with a biotech company looking for an efficient means of transporting organs for transplant surgery. By 2020, BETA began participating in the USAF's Agility Prime program to advance electric air mobility. In March 2021, they successfully test flew their ALIA-250 from Plattsburgh, New York, across Lake Champlain to Burlington, Vermont, and the following month UPS signed an eVTOL contract with them for delivery in 2024. UPS is planning to have them fly directly to and from UPS facilities for cargo delivery, rather than stopping at airports. That same month, Blade Urban Air Mobility also signed a PO, becoming BETA's first passenger service company. After one year of working with the USAF, in May 2021 the Air Force officially announced BETA was granted their 1st "airworthiness certificate" as a part of the AFWERX Agility Prime program (USAF's innovation arm), allowing the military to begin using their aircraft for test flights. Subsequently, Amazon and Fidelity further validated BETA as a main player in the space when they launched a Series A funding round that valued the start at $1.4 billion (https://www.cnbc.com/2021/05/18/beta-becomes-latest-eva-unicorn-with-amazon-fidelity-backing.html). In December 2022, Air New Zealand has selected BETA to participate in its Mission NextGen Aircraft program as part of its zero-emissions campaign by 2026. From that point onwards, numerous government and military purchase orders from around the world have flooded in

A gamechanging moment for BETA came in October 2023 when it delivered its first ALIA aircraft to USAF. Clark explained:

The involvement of the military massively augments our velocity on the commercial side because the military's expectation of an airplane is fundamentally the same as the FAA’s. They want a safe, reliable, repeatedly produced aircraft

Although Air Force pilots have flown the ALIA before, Air Force Maj. Riley Livermore (flight test commander with the 413th Flight Test Squadron at Duke airfield) has described the 3 month minimum AFWERX test campaign (with possible extensions) or “deployment arrangement" as "slightly different" (https://breakingdefense.com/2023/10/beta-technologies-delivers-first-manned-electric-aircraft-to-usaf/). In this special scenario, BETA will continue to own and operate the ALIA at Duke, and Air Force pilots won’t fly it (for now, although Livermore left the door open to that opportunity down the road). This means that USAF and BETA are collaborating to generate enough flight data to train the generative ML algorithms which will one day program the future unmanned aircrafts for both military operations and commercial adoption. This is the next phase in autopilot programming from when Boeing conducted their tests (https://t.me/QuantumStellarInitiative/28570)

What makes BETA truly unique versus other eVTOL companies is their global charging infrastructure. Because they simultaneously developed a line of speciality chargers to support electric aircraft and are the global leaders in this space, BETA is also helping to create industry standards on electric chargers (https://t.me/stellarrussia/694). Furthermore, not only can all BETA chargers interoperate with electric ground based vehicles as well as aircraft (https://electrek.co/2023/11/07/archer-aviation-beta-technologies-team-up-electric-aircraft-charging-network/), but BETA has also developed elevated landing pads with chargers that can provide an off-airport, dual landing-charging option (https://www.wired.com/story/rest-stop-flying-cars-recharge/)


Recent News

2 October: Beta Opens Electric Aircraft Manufacturing Plant, Launches Production (https://aviationweek.com/aerospace/advanced-air-mobility/beta-opens-electric-aircraft-manufacturing-plant-launches)

19 November: Beta received a loan of $169 million from US EXIM Bank (which called it a "historic"  loan as part of Make More in America campaign) to build a Zero-Emission production facility for their Alia model (https://www.msn.com/en-us/news/us/beta-technologies-wants-to-build-a-zero-emission-production-facility/ar-AA1kd6gb)

1 December: Beta Technologies has received a $20 million grant from the state of New York intended to help finance a planned expansion of its facility at Plattsburgh International Airport in upstate New York (https://aviationweek.com/aerospace/advanced-air-mobility/beta-gets-20m-ny-state-grant-plattsburgh-expansion)

5 December: Air New Zealand adds Beta’s ALIA to its fleet for cargo deliveries, agrees to 1 firm purchase order, plus options for 2 more and rights covering an additional 20 aircraft (https://www.futureflight.aero/news-article/2023-12-05/air-new-zealand-will-operate-betas-alia-electric-aircraft-2026)


Stellar Humanitarian Wealth Transfer:

? Passive Income Assets (https://t.me/QuantumStellarInitiative/22968)
? Project Aurora & Ukaz (https://t.me/QuantumStellarInitiative/21777)

 

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