Beta Aircraft Stock - The BETA program will create hundreds of new jobs in the region and highlight Vermont's sustainability, access to green aviation and STEM education
Vermont Business Magazine BETA Technologies has begun the permitting process to build the next phase of its Vermont facility. The project includes the construction of a state-of-the-art training and assembly facility at Burlington International Airport (BTV). The project is expected to create hundreds of additional jobs in addition to construction over the next few years. Most of these jobs will be in engineering, design and manufacturing.
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Founded in 2017, BETA already has more than 230 employees in the country and has experienced significant growth in recent months. With the new facility under construction, the company is preparing to transition from research and development to production of its ALIA, an all-electric zero-emissions aircraft.
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"I want to thank our community members and the local, state and federal officials who have been so supportive since our inception several years ago," said BETA Founder and CEO Kyle Clark. We look forward to growing together in our home state of Vermont. Burlington and all of Vermont are full of incredible engineering talent that will help us build the smartest and safest electric aircraft in the industry, while staying true to our commitment to a lifetime commitment to cycling sustainability while making a positive impact in our communities."
After receiving state and local approvals, BETA hopes to begin construction on a 270,000-square-foot state-of-the-art final assembly facility as early as September of this year. Located off Valley Road, next to the company's headquarters at KBTV, it will include office space, research and development and manufacturing facilities.
The facility will implement the latest sustainability and environmental strategies, from daylighting and natural ventilation to geothermal heating and cooling, on-site solar systems with battery storage, greywater recycling and stormwater treatment and management. The building will emphasize energy efficiency, reduce its impact on the environment, and incorporate community and green outdoor spaces to engage the public.
The ALIA electric aircraft produced by BETA is the first zero-emission aircraft of its kind. As such, ALIA contributes significantly to its partners' efforts to reduce greenhouse gas emissions and provides them with an effective alternative to their current fleet. BETA customers value sustainability throughout the entire life cycle, from production to end of life. With flights of 250 nautical miles, ALIA can carry six people or up to 1,500 lbs in a large cargo hold and has point-to-point operational capabilities that increase efficiency and reduce negative environmental impact. Also 10 times quieter than a helicopter.
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The company currently has contracts with United Therapeutics, UPS, the US Air Force and Blade.
Today, BETA also announced the closing of a $368 million funding round. The funding will support further development of integrated electric vertical aviation (EVA) systems that will transform the movement of people and cargo while reducing aviation's environmental impact.
"I am inspired by the innovative spirit of BETA Technologies and what they are building in Vermont," said Governor Phil Scott. "What BETA Technologies is doing is truly groundbreaking and will shape the future of our planet for decades to come. Their ingenuity is something our state and nation can be proud of. Vermont is ready to support BETA's growth because we know it will bring lasting benefits and help us address workforce, demographic and climate challenges."
"BETA's innovation in electric aviation in just a few short years has been incredible. Their aircraft will propel our country into a greener and more sustainable future. I am delighted that they have decided to bring this work and their manufacturing facility to Focus on Vermont Growing BETA in Vermont is a win-win for the local economy and climate,” said Senator Patrick Leahy.
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"Congratulations to everyone at Beta Technologies as they break ground on the new facility. Not only will this expansion allow Beta to continue its work to reduce emissions and combat climate change, it will also support the company's efforts to improve the lives of its employees and train the next generation of skilled workers. Small businesses are the backbone of our economy and our communities - after such a difficult year for many Vermonters and Vermont businesses, this expansion is a welcome sign of our state's recovery. I look forward to seeing more and More businesses that value their workers more and pay living wages, Vermont is their home,” said Sen. Bernie Sanders.
"I congratulate Beta on her success so far," said Congressman Peter Welch. "Innovative and growing companies like BETA will help us become stronger as we economically recover from this pandemic. I wish them the best of luck as we get through this. This potential growth is happening in Vermont."
"It is great news for the region that BETA has decided to invest and grow at Burlington International Airport. I would like to congratulate BETA on their success and thank them for their trust in our airport and community," said Mayor Miro Weinberger. “The city will continue to work with them and support their growth because of their potential to continue to create many good jobs in the Burlington area, and because the company is committed to a sustainable future driven by the city's shared vision for renewable electricity, and is fully committed to it."
"From day one, the team at Burlington International Airport has seen BETA grow from just a handful of engineers to a growing team of over 200 as we transform BTV and expand to Vermont and tourists," said Gene Richards, director of Dayton International Airport, Burlington.
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"We at South Burlington are excited about Beta Technologies' plans to expand in our community. BETA already conducts research and development of highly innovative hybrid aircraft technology at its headquarters on Airport Drive. As the company continues to grow and create much-needed technology jobs and we look forward to a strong partnerships between the city and BETA,” said South Burlington City Manager Kevin Dorn.
Entrepreneur Kyle Clark, with an engineering degree, has built several successful businesses in Burlington. BETA combines its love of science and aviation with its commitment to building environmentally sustainable aircraft. Co-founders of BETA, Kyle and his wife Katie are committed to making BETA more than just growing the company and bringing its flagship aircraft to market first. They pledge to give back to the country they love.
"We love Vermont and are excited to develop this phase in our home state. It's not just about making BETA successful. We want it to be important to the entire Vermont community," said Katie Clark. "We plan to make innovation and aerospace more accessible through our high school and college internships and job shadowing opportunities for STEM learning and employment, especially for those who think it's out of their reach. And we'll do it responsibly and thoughtful business practices and deepening our commitment to environmental protection by bringing the world's first electric aircraft to market."
"It's exciting to see BETA inspire the next generation of builders, scientists, engineers, designers and coders," said David Young, Superintendent of the South Burlington School District. “In order for children to believe in their dreams and ideas, they need to see others make them come true, and BETA is that role model. We are grateful for their presence in Vermont and what they do to provide our students with everything in the field of aviation and invention. ."
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"We're in a high-stakes environmental race to bring ALIA to market, we already have customers and contracts, and we're ready to make a big difference for our planet by reducing traffic emissions," added Kyle Clarke. "This facility is absolutely critical to our success."
The project is in the process of obtaining state and local permits. BETA is working with a number of local firms to provide design, development and construction expertise to support the project (Scott & Partners Architecture, Studio III Architects, Stantec, VHB, GBIC, Stewart Construction and PC Construction) and is expected to join Talented The team behind the project continued with design and construction.
BETA Technologies creates a safe, reliable and sustainable e-mobility ecosystem. A relentlessly focused team is building an extensive charging infrastructure and the world's most technologically advanced Electric Vertical Aircraft (EVA), ALIA.
The BETA platform and products are very simple. A security and pragmatic approach to authentication drives elegant redundancy, appropriate implementation diversity, and ease of control. Fixed pitch propellers and a centrally mounted battery make the ALIA an inherently stable aircraft that is safe to fly and easy to maneuver, giving it direct access to FAA Part 23 certification.
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Each member of the BETA team has the opportunity to obtain a flight certificate for free, giving them first-hand knowledge of aeronautical engineering. The BETA team comes from leading companies
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