BETA Technologies, Inc. designs, develops, and manufactures electric aircraft platforms and propulsion systems for the U.S. aviation industry. Its offerings include electric aircraft, advanced electric propulsion solutions, charging infrastructure, and related components.

• Initial Customer Deliveries: BETA delivered an ALIA CTOL aircraft to Norway for demonstration flights with Bristow Group at Norway’s international test arena for zero- and low-emission aviation. In addition, the company shipped a second ALIA CTOL aircraft to New Zealand to support demonstration flights with Air New Zealand.

• First Certified AAM Technology: BETA achieved a key industry milestone by certifying the first pusher propeller for electric aircraft in partnership with Hartzell under FAA Part 35 Type Certification. This certification advances BETA’s path toward FAA Part 33 Type Certification for its H500A electric engine, leveraging shared regulatory requirements across both programs.

• Revenues for the quarter ended September 30, 2025 totaled $8.9 million. Product revenue of $2.9 million exceeded management’s expectations, driven by the early delivery of motors originally scheduled for the fourth quarter. 

• Service revenue reached $6.0 million, primarily supported by defense contracts. Growth across both product and service revenues underscores BETA’s leadership in electric aviation through technological innovation and operational execution.

• Operating expenses for the quarter were $86.8 million, consisting of $56.4 million in research and development expenses and $30.4 million in general and administrative expenses.

• Net loss attributable to common stockholders for the quarter was $451.8 million, or $9.83 per share, primarily reflecting the loss associated with the issuance of convertible preferred stock.

• Adjusted EBITDA for the quarter was a loss of $67.6 million, reflecting the company’s continued focus on disciplined expense management.

Acrobull Recommendation Based on Evaluation