BETA Technologies (BETA)

Overall impact
D (38)

Commentary

BETA Technologies is a below-average overall performer. With a 'D' rating of 38.4 for overall impact (bottom 25% of all companies), BETA Technologies ranks 53rd out of 108 industry peers, behind Lisi, Dewey Electronics, V2X and 49 others, and ahead of Meggitt, Northrop Grumman, Nordam Group and 52 others. On top material causes for BETA Technologies's industry (Aerospace & Defense), BETA Technologies performs well in Free, Secure Flow of Information (82.7 score), Renewable Energy Growth (95.8), Free, Secure Flow of Information (82.7) and 12 other causes where it received an 'A' score and performs poorly in Reduced Waste (37.3 score), Accountable Institutions (32.7), Reduced Inequality (11.2) and 46 other causes where it received a 'D' or 'F' score.
Impact
Cause BETA
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Company
Employees
1,008
Sector
Industrials
Industry
Aerospace & Defense
Sub-industry
Aerospace & Defense
SASB industry
Aerospace & Defense
Headquarters
Vt, United States
Share classes
BETA
Description
BETA Technologies, Inc. designs, develops, and manufactures electric aircraft platform and propulsion systems for the aviation industry in the United States. The company's products include electric aircraft, advanced electric propulsion systems, charging systems, and components. It offers aircraft, such as ALIA-CTOL (CX300), a piloted electric aircraft for cargo services; ALIA VTOL (A250), a vertical takeoff and landing aircraft for cargo, logistics, medical operations, and passenger services; ALIA Defense VTOL (MV250), a military aircraft for cargo and logistics, and larger aircraft; motors including H500A Motor and V600 Motor for aerospace and marine applications; batteries for electric aircraft; and charging equipment including charge cube, thermal management system cube, and mini cubes. It also offers ground support equipment and flight control systems. The company engages in selling aircraft to military and commercial customers, replacement batteries to operators, propulsion systems to other eVTOL manufacturers, and chargers to state governments, operators, Fixed Base Operators, and other electric aviation companies. It operates across four markets within the aerospace industry including cargo and logistics, medical, defense, and passenger. In addition, the company offers training through flight simulators and virtual reality training solutions. The company was founded in 2017 and is based in South Burlington, Vermont.
Material causes
Ethos considers the following causes material for BETA Technologies, based on its industry sub-industry Aerospace & Defense. Learn more about material causes in our methodology overview.

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