Beta Technologies, a South Burlington, Vermont-based electric aircraft maker, has filed for a US IPO.

The company reported a net loss of US$183.2 million on revenue of US$15.6 million for the first half of 2025, up from a US$137.1 million loss on US$7.6 million in revenue year-on-year.

Beta manufactures electric aircraft capable of both vertical and conventional takeoff and landing, and operates a charging network with over 50 sites.

Beta raised US$300 million from General Electric in September 2024 and was valued at US$4 billion less than a month before that deal, according to PitchBook.

Major shareholders include TPG, Amazon, General Electric, and CEO Kyle Clark.

Morgan Stanley and Goldman Sachs are leading the IPO, and Beta plans to list on the NYSE under the symbol BETA.

🔗 Source: Bloomberg