GE Aerospace will invest $300M in Beta Technologies, the Vermont-based electric aviation company, as part of a strategic partnership to co-develop a hybrid-electric turbogenerator system for next-generation aircraft.
The deal, pending regulatory approval, also gives GE a board seat at Beta.
The collaboration reflects growing momentum for hybrid propulsion in advanced air mobility (AAM), where aircraft makers are combining traditional turbines with electric power to extend flight range and payload capacity.
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Pairing global scale with startup innovation
GE Aerospace, a leader in jet and turboprop engines, brings decades of infrastructure and components expertise, while Beta contributes its track record in high-performance electric propulsion and aircraft platforms. Together, the companies aim to deliver hybrid systems that improve aircraft efficiency, performance, and operational economics.
Beta Technology is also advancing certification efforts for its ALIA aircraft, which comes in both conventional takeoff and landing and eVTOL variants. With GE’s investment, Beta’s total funding will rise to $1.45B, alongside backers such as Amazon’s Climate Pledge Fund and Fidelity Management & Research.
By combining GE’s industrial heft with Beta’s agile innovation, the partnership signals a strong bet on hybrid-electric solutions as a bridge to the aviation industry’s low-carbon future.
