Finance, Taxes, Insurance
Beta Is Turning Its eVTOL Competitors into Customers
Component sales boosted Beta’s second-quarter revenue
Two Beta Technologies Alia CX300 electric aircraft fly over an airport at sunrise while an Alia A250 electric vertical takeoff and landing aircraft is parked on the tarmac below.
Beta’s Alia A250 eVTOL test aircraft (N250XT) sits on the ramp as two Alia CX300 conventional takeoff and landing models (N336MR and N916LF) fly past. © Beta Technologies

Beta Technologies has built a business selling motors, batteries, propellers, and flight control computers to other aircraft manufacturers, several of which compete directly with the electric airplanes Beta is still working to certify.

Founder and CEO Kyle Clark and chief financial officer Herman Cueto laid out that business on the company’s second-quarter earnings call on August 12. Cueto said those component sales carry gross margins of 40% to 60%. “When you get into flight control computers, the margin is actually a lot higher,” he said.