GE Aerospace and BETA Technologies Inc have announced today a new strategic partnership and equity investment agreement, subject to regulatory approval.
“Under the new agreement, GE Aerospace and BETA plan to develop a hybrid electric turbogenerator for Advanced Air Mobility (AAM) applications, including long-range Vertical Takeoff and Landing (VTOL) aircraft, future BETA aircraft, and other potential applications,” say the companies in a press release. “The collaboration brings BETA’s expertise in high-performance, permanent magnet electric generators together with GE Aerospace’s tested turbine, certification and safety expertise for large-scale manufacturing and electrical power systems expertise.
“This hybrid solution will tap into existing infrastructure and capabilities, such as GE Aerospace’s CT7 and T700 engines, and is expected to bring significant enhancements in range, payload and speed performance compared to other aircraft in the same segment.
Additionally, GE Aerospace will make an equity investment of USD300 million in BETA, subject to regulatory approval, aligned with its commitment to work with key industry players to advance technologies that will support the future of flight. In connection with this partnership, GE Aerospace will also have the right to designate a director to join BETA’s Board.”
In 2022, GE Aerospace completed the world’s first test of a megawatt-class and multi- kilovolt (kV) hybrid electric propulsion system in altitude conditions up to 45,000 feet that simulate single-aisle commercial flight.
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https://beta.team/stories/ge-aerospace-and-beta-technologies-partner-to-advance-hybrid-electric-flight