Beta Technologies Lands $169M Loan From U.S. EXIM Bank

Beta Technologies is looking to certify its electric ALIA aircraft in both conventional and vertical-takeoff-and-landing variants.

 

Credit: Beta Technologies
Electric aircraft developer Beta Technologies has been awarded a $169 million export promotional loan from the U.S. Export-Import (EXIM) Bank, financing that is intended to help the company scale its production facility in Burlington, Vermont. The loan was the second deal authorized under EXIM’s...

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