BETA: A $4 Billion Backlog And A Free Option On Hybrid Flight
BETA Technologies, in partnership with GE Aerospace, is advancing hybrid-electric aviation with a retrofitted Saab 340B. The company has a backlog near $4 billion, strong KPI progress, and a robust net cash position, while its charging, hybrid, and autonomy businesses remain heavily discounted by the market.
Why it matters — A BETA watcher would care because the company's hybrid-electric progress with GE Aerospace, combined with its $4 billion backlog and undervalued secondary businesses, suggests significant optionality beyond its core electric aircraft manufacturing.