BETA courtesy photo, September 2025.
Vermont Business Magazine BETA Technologies, Inc., the electric aerospace company based n South Burlington, announced Wednesday that it has launched an initial public offering of 25 million shares of its Class A common stock, par value $0.0001 per share, at an anticipated initial offering price between $27.00 and $33.00 per share pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission.
According to CNBC, this would raise as much as $825 million and value BETA at $7.2 billion at the top end of the range.
In addition, BETA intends to grant the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions. The company has applied to list its Class A common stock on the New York Stock Exchange under the ticker symbol “BETA.”
Morgan Stanley and Goldman Sachs & Co. LLC are serving as lead book-running managers for the offering. BofA Securities, Jefferies, TPG Capital BD, LLC and Citigroup are serving as book-running managers. Cantor, BTIG and Needham & Company are serving as bookrunners for the offering.
The offering will be made solely by means of a prospectus, which, once available, may be obtained from:
Morgan Stanley & Co. LLC
Attn: Prospectus Department
180 Varick Street, 2nd Floor
New York, NY 10014
Goldman Sachs & Co. LLC
Attn: Prospectus Department
200 West Street
New York, NY 10282
Telephone: 1-866-471-2526
[email protected]
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall 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 an aerospace company designing, manufacturing and selling high-performance electric aircraft, advanced electric propulsion systems, components and charging systems to top operators worldwide. BETA has built and flown its family of ALIA aircraft, consisting of both conventional fixed-wing electric aircraft (the “ALIA CTOL”) and electric vertical takeoff and landing aircraft (“ALIA VTOL”), more than 83,000 nautical miles, including multiple trips across the United States. BETA is deploying a network of charging infrastructure to enable the growing industry with more than 50 sites online across the U.S. and Canada. BETA’s intentional approach to developing the enabling technologies necessary to electrify aviation unlocks lucrative aftermarket revenue opportunity over the life of each aircraft. These highly-scalable enabling technologies allow BETA to serve a customer base across cargo and logistics, defense, passenger and medical end markets and unlock cost-effective and safe missions.
10.15.2025. SOUTH BURLINGTON, Vt.--(BUSINESS WIRE)--BETA Technologies, Inc
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