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flag Beta Technologies files for NYSE IPO with symbol "BETA," backed by Amazon, as electric aircraft demand grows.

flag Beta Technologies has filed for an IPO on the NYSE under symbol "BETA," joining a surge of companies going public amid strong market conditions. flag The electric aircraft maker, backed by Amazon, develops high-performance eVTOLs like the ALIA CTOL, which has flown nearly 83,000 nautical miles across North America and Europe and is used by the U.S. military and FAA. flag The company claims its aircraft have 42% lower operating costs due to simplified design. flag Morgan Stanley and Goldman Sachs are lead underwriters, though no financial details were disclosed.

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