Beta Technologies has updated the prospectus for its initial public offering, declaring it “expects to receive net proceeds of approximately USD700.3 million based on an initial public offering price of USD30.00 per share, the midpoint of the price range set forth on the cover page of this prospectus, after deducting estimated underwriting discounts and commissions and estimated offering expenses payable by us.”
“We believe we are the first electric aircraft OEM with a scale production facility, and we have room to grow,” said the company. “Our approximately 188,000 square foot Vermont production facility is designed to support production of more than 300 aircraft annually at maturity through optimized processes and manufacturing flows. We have site control and permits for expansion to over 355,000 square feet to accommodate significant future growth.”
The company also in the prospectus outlined progress in its airport charging system network.
“As of August 31, 2025, we have commissioned 51 high-speed airport charging stations capable of recharging our ALIA CTOL or VTOL aircraft in as little as 20-40 minutes for average flights,” said the company. “This network has been funded almost entirely by our customers and industry peers. Additionally, we have installed the first electric aircraft charger on a U.S. Military base at Duke Field, which is part of the broader Eglin Air Force Base complex.”
For more information
https://www.sec.gov/Archives/edgar/data/1784570/000119312525240285/d89594ds1a.htm