GE Aerospace Plans $300M Investment in Beta Technologies for Hybrid Electric Aviation

GE Aerospace has entered into a strategic partnership with Beta Technologies, involving a $300 million equity investment subject to regulatory approval, to develop a hybrid-electric turbogenerator aimed at advanced air mobility applications such as long-range VTOL aircraft and future Beta models. The collaboration combines Beta's expertise in high-performance permanent magnet electric generators with GE's extensive experience in turbine technology, certification, safety, and large-scale manufacturing, leveraging existing engine platforms like the CT7 and T700 to enhance aircraft range, payload, and speed performance. GE Aerospace CEO H. Lawrence Culp Jr. emphasized that the partnership will accelerate hybrid electric technology development to meet customer demands for optimized aircraft capabilities. Beta Technologies CEO Kyle Clark highlighted the shared commitment to aerospace engineering excellence and innovation in building the future of flight. The hybrid system is expected to bring significant advancements in sustainable and efficient flight technologies, reflecting a broader industry shift toward hybrid and electric propulsion solutions. Additionally, GE will have the right to appoint a director to Beta's board, reinforcing the strategic nature of this collaboration.