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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

GE Aerospace Bets On Hybrid Electric Future With $300 Million BETA Deal

Beavercreek,-,May,31,,2024:,Ge,Aerospace,Jet,Engine,Component

GE Aerospace (NYSE:GE) announced Thursday that it is joining forces with BETA Technologies to advance hybrid electric aviation.

The partnership includes a $300 million equity stake in the Vermont-based aerospace innovator, a move that underscores GE Aerospace’s growing commitment to sustainable flight solutions.

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