Electric Aircraft Stocks Surge 7% Amid FAA Tailwind

On March 18 U.S. local time, BETA Technologies, Inc. (NYSE: BETA) shares closed at $15.98, up 7.32% on the New York Stock Exchange. Trading volume for the day was about 1.54 million shares, and the company’s market capitalization rose by approximately $280 million (about KRW 380 billion) from the previous day to roughly $3.5 billion (around KRW 4.8 trillion).

On March 9, BETA was selected as a launch partner for the U.S. Department of Transportation and FAA’s first eVTOL Integrated Pilot Program (eIPP), participating in seven of the program’s eight components. On the same day, the company disclosed in its fourth-quarter and full-year 2025 results that it continued to post a net loss despite an expanding backlog of electric aircraft orders.

Headquartered in South Burlington, Vermont, BETA was founded in 2017 by former pilot Kyle Clark and went public on the NYSE in November 2025. The company develops electric vertical takeoff and landing (eVTOL) aircraft, fixed-wing electric aircraft, and charging infrastructure. Through supply agreements with UPS, United Therapeutics, and Surf Air Mobility, as well as collaborations with the U.S. Department of Defense and DARPA, BETA aims to secure leadership in the cargo, medical, and military electric aviation markets.