IPO disclosures and reporting show rapid revenue growth but substantial losses; FY2025 revenue was $35.6 million, net loss was $745.9 million and adjusted EBITDA was negative $304.1 million.
SourcePublic company, workplace, funding, and market signals
Updated Aug 5, 2026
BETA Technologies is a South Burlington, Vermont aerospace and defense company designing, manufacturing and commercializing electric aircraft, electric propulsion/components, and charging infrastructure. Its vertically integrated model targets cargo, logistics, defense, passenger and medical missions, with more than 800 aircraft in backlog and over 100 charging sites reported by the company.
Primary product
ALIA family of electric aircraft: ALIA CTOL (conventional fixed-wing) and ALIA VTOL (electric vertical-takeoff-and-landing), supported by BETA electric motors, batteries, flight-control systems and Charge Cube infrastructure.
Founded
2017
Headquarters
1150 Airport Drive, South Burlington, Vermont 05403, United States
Team size
1,000–1,500 (public/local reporting: nearly 1,400 in June 2026; LinkedIn-derived data varies)
Work style
Onsite
Industry
Aviation and aerospace manufacturing
Sub-industry
Electric aviation, eVTOL/CTOL aircraft, aerospace propulsion and charging infrastructure
Offices
Business model
Stage
Public company; NYSE: BETA (IPO completed November 2025)
Total raised
$2.5B
Latest round
IPO · Nov 2025
Latest amount
$1.2B
Nov 2025
Strategic investment by GE Aerospace
Sep 2025 · GE Aerospace
Oct 2024 · Qatar Investment Authority
EXIM Bank financing relationship
Export-Import Bank of the United States
Leadership
Founder, President and Chief Executive Officer; Board Member
Head of Corporate Culture / Head of Brand, Creative, Culture and Spaces
Herman V. Cueto
Chief Financial Officer
Sean Donovan
Chief Operating Officer
Brian Dunkiel
Chief Legal Officer and Corporate Secretary
David Churchill
Chief Technology Officer; Board Member
Matt Riley
Head of People and HR
Simon Newitt
Head of Sales and Support
Chip Palombini
Head of Product
Blain Newton
Chief Information Officer
Jill Gagne
Head of Program Operations
Chris Caputo
Head of Flight Operations and Safety
Kristen Costello
Head of Government and Regulatory Affairs
Brettan Martelle
Head of Airworthiness
Talon Vazquez
Head of Supply Chain and Operations
The company describes a hands-on, multidisciplinary culture of builders, pilots, engineers, technicians, makers and problem-solvers. It emphasizes curiosity, sustainability, operational ownership, local Vermont roots, and the principle of flying what it builds. Most roles and facilities are site-based because aircraft design, manufacturing, testing and flight operations require physical presence; some software and engineering roles may have role-specific flexibility.
Work style
Onsite
Compensation
Public job postings describe competitive total compensation including RSUs and PSUs for full-time employees, benefits, daily meals and flight lessons. Observed 2026 Vermont postings broadly indicated approximately $55,000–$185,000 annual salary depending on role; this is not a company-wide range.
Benefits
Pricing
No public standard list pricing. Aircraft and components appear to be sold through negotiated customer contracts, deposits and backlog agreements; charging is monetized through hardware sales and network-access/service fees.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$35.6M actual FY2025; company-guided $39M–$43M FY2026
IPO disclosures and reporting show rapid revenue growth but substantial losses; FY2025 revenue was $35.6 million, net loss was $745.9 million and adjusted EBITDA was negative $304.1 million.
SourceRapid hiring and expansion have strained the local aviation labor pool; local aviation businesses reported major staff losses and difficulty competing for technicians.
SourceProposed expansion of EXIM financing is subject to approval and contains forward-looking manufacturing, employment and commercialization assumptions.
SourceMarketScreener / company release · Aug 2026
BETA and EXIM announced a proposed expansion that could provide up to $1 billion in financing, including approximately $830 million incremental capital, to expand U.S. manufacturing.
VTDigger · Jun 2026
Reports nearly 1,400 workers, 420 hires in the first half of 2026, local labor-market effects and salary signals of roughly $55,000–$185,000.
BETA Technologies · May 2026
Q1 2026 revenue was $10.1 million; backlog reached $3.9 billion after more than $375 million of additions, including a Surf Air Mobility partnership.
BETA Technologies · Mar 2026
FY2025 revenue was $35.6 million, net loss $745.9 million, and the company forecast FY2026 revenue of $39–$43 million.
TechCrunch · Sep 2025
GE announced a proposed $300 million strategic investment and collaboration on a hybrid-electric turbogenerator.
112 jobs at BETA Technologies