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BETA Technologies secures up to $1 billion in financing from EXIM Bank to enhance U.S. aerospace manufacturing growth, with approximately $830 million as incremental capital.
Sep 01, 2026•4 days ago
South BurlingtonManufacturingInformation TechnologyTransportationAerospace
Description
BETA Technologies, an aerospace and defense company, plans to expand its financing agreement with EXIM Bank. The proposed agreement could provide BETA with up to $1 billion in net financing. This includes around $830 million of incremental capital made available through multiple tranches. The funding aims to support growth in U.S
Company Information
Company
Beta Technologies
Location
1150 AIRPORT DRIVE
South Burlington, Vermont, United States
About
BETA Technologies is an electric aviation company based in Burlington, Vermont. Founded in 2017, BETA is working to change the paradigm of how we transport goods and people by making aviation cleaner, safer, and more cost-effective. To do this, the company is producing all-electric aircraft; multimodal, interoperable charging infrastructure; and training programs for next-generation pilots and maintainers. The BETA team has designed and is pursuing certification of two electric aircraft, including an electric fixed-wing and an electric vertical takeoff and landing (eVTOL) aircraft. The company has also brought more than 20 chargers online across the East and Gulf coasts, with over 50 more in development.
South BurlingtonManufacturingInformation TechnologyTransportationAerospace