FAA certification

Beta Technologies showcased its fully electric ALIA CTOL CX300 at the 2025 Paris Air Show and released its first quarterly results, reporting $8.9 million in revenue (up from $3.1 million) and a $452 million net loss driven by convertible preferred‑stock funding. The company, backed by Amazon, aims to compete with Joby and Archer in the eVTOL market, seeking FAA eIPP certification for military and cargo missions while planning commercial operations by mid‑2025. Major moves include a $300 million hybrid‑generator partnership with GE Aerospace, Hartzell propeller certification, and a potential $1 billion ten‑year motor supply deal with Eve Air Mobility.

Archer Aviation’s shares fell 8% after announcing a $650 million stock offering to fund the acquisition of Hawthorne Airport for its air taxi operations, despite beating Q3 loss estimates. The company reported a $129.9 million net loss versus the expected $178.6 million. The stock offering dilutes shares but supports Archer’s expansion plans, including becoming the official air taxi provider for the 2028 LA Olympics. Archer, along with competitors like Joby Aviation, is pursuing FAA certification and expanding globally, with significant operations in the UAE.