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Beta Technologies files for NYSE IPO with symbol "BETA," backed by Amazon, as electric aircraft demand grows.
Beta Technologies has filed for an IPO on the NYSE under symbol "BETA," joining a surge of companies going public amid strong market conditions.
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.
The company claims its aircraft have 42% lower operating costs due to simplified design.
Morgan Stanley and Goldman Sachs are lead underwriters, though no financial details were disclosed.
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Beta Technologies presenta una oferta pública inicial en la NYSE con el símbolo "BETA", respaldado por Amazon, a medida que crece la demanda de aviones eléctricos.