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Beta Technologies obtains approval for demonstration flights with potential customers onboard

The Motley Fool +2 · ·by G4L

BETA
BETA BETA Technologies Inc
$28.52 +5.16%
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  1. 1Beta Technologies has secured FAA approval to conduct demonstration flights with potential customers onboard.
  2. 2The FAA approved the airworthiness certificate for Beta Technologies' market research on October 21.
  3. 3Morgan Stanley analysts project the passenger transport market via eVTOL will reach approximately $3.7 trillion by 2050.

So what's the key point?

Beta Technologies received permission to conduct flight tests with people on board. Projections suggest the passenger transport market will grow to a size of $3.7 trillion.

Source The Motley Fool +2 · View original ↗

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