DAILY INNOVATION BRIEF by Maryanne Kane, Journalist
DAILY INNOVATION BRIEF By Journalists Edward Kane & Maryanne Kane MAKING NEW AVIATION HISTORY - FLYING ELECTRIC Source: Beta Technologies Sirius XM founder & serial entrepreneur Martine Rothblatt has brought to life her vision of sustainable flying with Beta Technologies & electric plane Alia Alia is an eVTOL (electric vertical takeoff & landing vehicle) that takes off, lands & hovers like a helicopter but with zero emissions Founded a few years ago in Burlington Vermont, Beta is run by Alia creator, Harvard educated engineer Kyle Clark who created Alia at Rothblatt's challenge to the aviation world Beta has raised more than $800 million in investment money, is readying to go into production & expects FAA certification by 2024 First usage is likely to be for short