Permanent magnet electric generators (PMGs)

Search documents
GE and BETA Partner to Strengthen Hybrid Electric Aviation Capabilities
ZACKSยท 2025-09-05 16:41
Group 1 - GE Aerospace has entered into a partnership and equity investment agreement with BETA Technologies to advance hybrid electric aviation, pending regulatory approval [1][3] - BETA Technologies specializes in producing electric aircraft and propulsion systems, focusing on safe and cost-efficient operations across various markets [2] - The collaboration aims to develop a hybrid electric turbogenerator for Advanced Air Mobility (AAM) applications, leveraging GE's engine expertise and BETA's advanced technology [4][8] Group 2 - GE Aerospace plans to invest $300 million in BETA, which includes the right to appoint a director to BETA's board [5][8] - GE Aerospace is currently ranked 1 (Strong Buy) by Zacks, benefiting from a growing installed base and increased utilization of engine platforms [6] - Over the past six months, GE's shares have increased by 41.6%, outperforming the industry growth of 23.3% [7]