CTOL

Electric aircraft developer raises about $1 billion in an oversubscribed initial public offering.

Company’s electric conventional takeoff and landing (CTOL) model completes demonstrations for Washington state officials.

Show’s inaugural demonstration marks the first electric aircraft flight in its history.

Electric chargers are designed to accommodate any variety of electric aircraft, as well as electric ground vehicles.

Funding will support the development of Beta’s two electric aircraft variants, as well as a network of charging stations that will support them.

The company’s Alia model moved up to 500 pounds of cargo at a time over the course of a monthlong exercise involving two major commands of the U.S. Air Force.

FLYING looks at the near future of both categories.