GE Aerospace to invest $300M in Beta Technologies to pair up on hybrid-electric power
GE Aerospace is taking a sizable stake in electric aviation company Beta Technologies, with the pair teaming up to build a hybrid-electric turbogenerator for next-gen aircraft. GE will also invest $300 million, pending regulatory approval, under a strategic deal announced Thursday. The new partnership comes as hybrid solutions gain momentum in the advanced air mobility (AAM) space, a catch-all term to describe the next generation of aviation concepts like eVTOL, hydrogen, and so on. Aircraft ma