"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 makers are increasingly turning to engine hybrids, combining traditional turbines with electric power, to extend flight time or increase potential payload. It's an interesting partnership: GE Aerospace is a giant in the jet and turboprop engine world, while Beta is a startup known for its electric aircraft platform."
"The new turbogenerator will leverage GE's existing infrastructure and components from its widely used engine family, while Beta will bring expertise in high-performance electric propulsion. GE and Beta say their hybrid system will provide greater range, payload capacity, and better aircraft performance. Alongside the new partnership, Beta is pursuing a path to certification for its Alia aircraft, which includes a conventional take-off and landing variant and an electric vertical take-off and landing (eVTOL) variant."
GE Aerospace is taking a sizable stake in Beta Technologies and plans a $300 million investment pending regulatory approval under a strategic deal. The companies will collaborate to build a hybrid-electric turbogenerator that combines GE's engine infrastructure and components with Beta's high-performance electric propulsion expertise. The hybrid system aims to increase range, payload capacity, and overall aircraft performance for advanced air mobility concepts. Beta is pursuing certification for its Alia aircraft, including conventional takeoff and landing and eVTOL variants. If approved, the deal will raise Beta's total funding to $1.45 billion and give GE the right to designate a director to Beta's board.
Read at TechCrunch
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