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Sun, Apr 24, 2022

Aero-News: Quote of the Day (04.24.22)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"...allows us to complete the construction of our production facilities and accelerate our certification work to create a greener and more efficient future for all applications of aviation, starting with cargo and logistics and moving to passenger missions immediately thereafter." 

Source: In a statement addressing a current funding round, Kyle Clark, Beta Technologies' founder and CEO, notes the $375 million brings its total valuation to $2.4 billion in its quest to develop its Alia aircraft. The investment will allow them to further develop the ecosystem required for a cargo version of the Alia, from charging to fleet support.

FMI: www.beta.team

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