BETA Technologies Prices Upsized IPO

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11/03/2025 – 06:59 PM

SOUTH BURLINGTON, Vt. – BETA Technologies, Inc., the electric aerospace innovator, has announced the pricing of its initial public offering (IPO). The company will offer 29,852,941 shares of its Class A common stock at a price of $34.00 per share, exceeding initial expectations and signaling strong investor confidence in the burgeoning electric aviation sector.

BETA has also granted the underwriters a 30-day option to purchase up to an additional 4,477,941 shares of Class A common stock at the IPO price, less underwriting discounts and commissions. This “greenshoe option,” as it’s commonly known, allows underwriters to stabilize the stock price should demand surge beyond initial expectations.

The shares are slated to commence trading on the New York Stock Exchange (NYSE) on November 4, 2025, under the ticker symbol “BETA.” The offering is expected to officially close on November 5, 2025, pending the fulfillment of customary closing conditions.

Morgan Stanley and Goldman Sachs & Co. LLC are acting as the lead book-running managers for the offering, a testament to the significance and potential of BETA’s market disruptiveness. BofA Securities, Jefferies, TPG Capital BD, LLC and Citigroup are serving as book-running managers. Cantor, BTIG and Needham & Company round out the team as bookrunners for the offering. This consortium of financial heavyweights underscores the institutional interest in BETA’s vision for the future of air mobility.

The IPO prospectus, which contains crucial information for potential investors, can be obtained from Morgan Stanley and Goldman Sachs & Co. LLC.

A registration statement relating to these securities became effective on November 3, 2025. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About BETA Technologies, Inc.

BETA is at the forefront of electric aviation, designing, manufacturing, and selling high-performance electric aircraft, advanced electric propulsion systems, components, and charging systems. Their family of ALIA aircraft, including both conventional fixed-wing electric aircraft (ALIA CTOL) and electric vertical takeoff and landing aircraft (ALIA VTOL), have logged over 83,000 nautical miles, including cross-country flights across the United States, demonstrating the system’s viability.

The company is also investing heavily in charging infrastructure, deploying a network of over 50 sites across the U.S. and Canada. This is a crucial step in addressing the issue that impacts wide adoption. BETA’s comprehensive approach, encompassing both aircraft and supporting infrastructure, positions it to capitalize on the growing demand for sustainable aviation solutions.

BETA’s strategic focus on enabling technologies is designed to generate scalable revenue streams over the lifespan of each aircraft. By targeting a diverse range of sectors, including cargo and logistics, defense, passenger transport, and medical services, BETA aims to unlock cost-effective and safe missions across various applications. This multifaceted business model, coupled with its technological advancements, presents a compelling case for investors seeking exposure to the future of aerospace.

Forward-Looking Statements

This press release contains forward-looking statements. These projections are based solely on current beliefs, expectations and assumptions regarding future plans and strategies. These statements are subject to uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of BETA’s control. Actual results and financial condition may differ from those indicated in the forward-looking statements. Therefore, undue reliance should not be placed on any of these statements. Factors are discussed throughout the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Registration Statement on Form S-1 filed with the U.S. Securities and Exchange Commission on October 15, 2025.

Any forward-looking statement made by BETA in this press release is based only on information currently available and speaks only as of the date on which it is made. BETA undertakes no obligation to publicly update any forward-looking statement whether as a result of new information, future developments or otherwise.

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