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

Ben Goldstein November 17, 2023

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...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

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