BETA Q2 revenue up 146% to $14.7M; net loss widens to $148.8M

BETA Technologies, Inc.

Revenue $14.7M vs $6.0M YoY; net loss $148.8M vs $80.4M; adj. EBITDA -$109.8M vs -$68.4M.
R&D expense rose to $122.4M from $58.0M; cash at $1.48B.
Launched MV250 hybrid-electric autonomous aircraft; completed first >30,000 ft hybrid-electric flight with GE/NASA/Boeing.
First eIPP flights carried organs for United Therapeutics; charging network at 138 sites, up to 250 planned via ACES.
Loganair signed term sheet for five CX300 aircraft (options for five more); FAA acceptance on H500A compliance approach.

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