Beta Stock Jumps 8% on $1 Billion Motor Deal with Air Taxi Maker Eve Air Mobility

Why Beta Technologies Stock Rocketed 8% Higher on Tuesday

The company signed a supply arrangement that might last for a decade.

Beta stock jumps 8% on $1 billion motor deal with air taxi maker Eve Air Mobility

This year has been big for air taxi technology companies, which have seen a boost from President Donald Trump's pilot program to develop the sector.

Electric aircraft maker Beta rises on report it will supply a rival with motors

Beta shares climbed about 3% in premarket trading on Tuesday....

Eve opts for two motor suppliers for production version of ...

Air taxi developer Eve has revealed propulsion details for its production aircraft, selecting motors from Beta Technologies and Nidec Aerospace in deals potentially worth $1 billion over 10 years.

Eve taps BETA Technologies for next-generation eVTOL motors

Eve Air Mobility has chosen BETA Technologies (BETA) to supply electric pusher motors for its conforming prototypes and future production aircraft. The decision marks a notable advance in Eve’s drive to industrialise its eVTOL programme and secure a resilient, high-quality supply chain. With a firm backlog of 2,800 aircraft, Eve is reinforcing its manufacturing base through this strategic collaboration. The agreement outlines a potential ten-yea…

Beta Partners with Eve for eVTOL Motors, Advancing Urban Air Mobility

Powering the Skies: Beta’s Motor Pact Sparks Electric Flight’s Bold Leap Forward In the rapidly evolving arena of electric aviation, a new partnership is poised to accelerate the push toward sustainable air travel. Beta Technologies, a Vermont-based innovator in electric aircraft, has struck a deal to supply propulsion motors to Eve Air Mobility, a subsidiary of the Brazilian aerospace giant Embraer. This collaboration, announced on December 2, …