International helicopter and fixed-wing lessor LCI has signed an agreement with Vermont-based Beta Technologies to acquire up to 125 of its Alia electric vertical takeoff and landing (eVTOL) aircraft.
While SAF (Sustainable Aviation Fuel) is seen as the best solution for cutting aviation-related CO2 emissions in the near future, some believe that ditch.
Vermont-based Beta Technologies announced Monday it has won a U.S. Army contract to support flight testing of its Alia electric vertical takeoff and landing aircraft.
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Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
Vermont-based Beta Technologies has announced a second order within a week for its electric vertical takeoff and landing (eVTOL) aircraft. Last week, an order from
United Parcel Service (NYSE:UPS) helped to validate the technology, according to Beta founder Kyle Clark. Today, Blade Urban Air Mobility announced plans to become the first to use the technology for passenger transport.