GE Aerospace owns a considerable stake in electric airlines Beta Technologywith the cooperation between the two, a hybrid electric turbine generator was built for the next generation of flight institutions. GE will also invest $300 million in upcoming regulatory approvals under a strategic agreement announced Thursday.
The new partnership is as hybrid solutions gain power in advanced air mobility (AAM) spaces, a comprehensive term for describing next-generation aviation concepts such as EVTOL, hydrogen, etc. Aircraft manufacturers are increasingly turning to engine hybrids, combining traditional turbines with electricity to extend flight time or increase potential payloads.
Here is an interesting partnership: GE Aerospace is the giant of Jet and Turboprop Engine World, and Beta is a startup Known for its electric aircraft platform. But the two brought a complementary experience. The new Turbogenerator will leverage GE’s existing infrastructure and components from the widely used engine family, while the Beta will bring expertise in high-performance electric propulsion.
GE and Beta say their hybrid system will offer a larger range, payload capability and better aircraft performance.
In addition to the new partnership, Beta also provides certification pathways for its Alia aircraft, These include Conventional takeoff and landing variants as well as electric vertical takeoff and landing (EVTOL) variants. If the deal passes, which will bring Beta’s total funding to $1.45 billion, GE will join a suite of institutional investors, including Amazon’s Climate Commitment Fund and Fidelity Management & Research Company.
If approved, GE will also have the right to appoint directors of the Beta board, another signal that traditional engine manufacturers are taking the new rise of hybrid electric architecture seriously.
