06:59 AM EDT, 09/04/2025 (MT Newswires) -- GE Aerospace (GE) said Thursday that it will invest $300 million in BETA Technologies as part of a new strategic partnership and equity investment deal with the company.

The partners plan to develop a hybrid electric turbogenerator for advanced air mobility applications using BETA's experience in magnet electric generators and GE Aerospace's manufacturing and electrical power systems expertise, according to the statement.

GE Aerospace said the planned investment remains subject to regulatory approval.