Mid Software Engineer
Beta TechnologiesSalary not specified
- Full Time
- Junior (1 to 2 years)
About Beta Technologies
BETA Technologies develops electric vertical take-off and landing (eVTOL) aircraft and the charging infrastructure needed to support them. Their eVTOL aircraft are designed for both passenger and cargo transport, providing a sustainable alternative to traditional air travel. The company also installs and maintains charging systems, ensuring that clients have the necessary support for electric flight. BETA Technologies stands out from competitors by offering a comprehensive solution that includes both the aircraft and the infrastructure, catering to commercial airlines and logistics companies. The goal of BETA Technologies is to make air travel greener, safer, and more efficient, contributing to a significant reduction in carbon emissions in the aerospace sector.
South Burlington, VermontHeadquarters
2017Year Founded
$1,171.2MTotal Funding
SERIES_CCompany Stage
Automotive & Transportation, Energy, AerospaceIndustries
501-1,000Employees
Risks
Increased competition from companies like ORB Aerospace could impact Beta's market share.
Dependence on state funding poses risks if government priorities shift away from electric aviation.
Rapid technological advancements could render Beta's offerings obsolete without continuous innovation.
Differentiation
Beta Technologies focuses on clean aviation with electric aircraft and propulsion systems.
The company offers a comprehensive eVTOL ecosystem, including aircraft and charging infrastructure.
Beta Technologies targets commercial airlines and logistics companies for sustainable air transport solutions.
Upsides
Beta Technologies raised $318 million in Series C funding in October 2024.
The FAA's updated eVTOL certification processes benefit Beta Technologies' aircraft approval.
Increased interest in urban air mobility drives demand for Beta's eVTOL aircraft.
Funding
Total raised$1.17 B
Latest valuation$1.59 B
StageSERIES_C
SERIES C
9/30/2024$318
$1.59 BDEBT
10/31/2023$169
SERIES B
3/31/2022$375
$1.88 BSERIES A
4/30/2021$368
$1.40 BEARLY VC
2/28/2021$143
$715.00 MGRANT
7/31/2019N/A