Historic Signing While Flying Marks Major Step in FFG’s Strategy to Bring Electric
Aircraft into Regional Transportation and Multipurpose Aviation Operations
SOUTH BURLINGTON, Vt., Nov. 5, 2026 — Future Flight Global (FFG), an advanced
aviation and mobility management company, today announced the signing of a deposit-
backed, binding aircraft term sheet with BETA Technologies (NYSE: BETA), an
aerospace and defense company, which includes 10 firm orders plus 10 options of
BETA’s all-electric ALIA conventional takeoff and landing (CTOL) aircraft. FFG intends to
deploy these aircraft in support of its regional mobility operations. The agreement
advances FFG’s strategy to integrate electric aircraft into practical, commercially viable
aviation operations.
Aboard BETA’s ALIA CTOL aircraft, Karan Singh, founder and chief executive officer of
Future Flight Global, and Kyle Clark, founder and chief executive officer of BETA
Technologies, finalized the agreement in flight. The signing underscores the two
companies’ shared focus on moving electric aviation from promise to real-world
operations. Both CEOs are pilots — Singh is a 5,000-hour Boeing 737 airline captain,
and Clark is a BETA test pilot and certified flight instructor with more than 4,000 hours in
fixed-wing and rotary-wing aircraft and more than 200 test flights in BETA’s electric
aircraft.
“This deal goes far beyond an aircraft transaction – it is a true partnership between two
companies that inherently believe in and are deeply committed to the future of electric
aviation,” said Singh. “FFG intends to build on this foundation immediately and will be
announcing the planned deployment of these revolutionary aircraft very soon. Of
course, signing aboard the ALIA while flying with Kyle was a moment I’ll always cherish
as a pilot.”
For FFG, the agreement is part of a broader approach to mobility management that
brings together aircraft, operational expertise, and strategic partnerships to serve
evolving transportation needs. Beyond urban air taxis, FFG is developing a
multipurpose model for Advanced Air Mobility (AAM) that will support passenger
transportation, medical missions, cargo, ecotourism and defense logistics.
The ALIA CTOL is designed to use existing airport infrastructure, offering a pathway for
electric aircraft to serve regional routes and other missions without requiring verticaltakeoff and landing infrastructure. BETA’s aircraft family is designed to support a range
of applications, including passenger transportation, cargo and medical logistics.
“Future Flight Global’s leadership team has spent almost 30 years operating in business
aviation, and they know exactly what it takes to run a fleet profitably,” said Clark. “When
operators with that depth of experience commit early to our ALIA CTOL aircraft, it
validates the economic case for electric aviation. We’re flying together under the eIPP in
Texas and Utah, out of Alliance Fort Worth and Salt Lake City, so we are already
building the operational foundation for commercial service. There was no better place to
finalize this partnership than onboard an ALIA CTOL in flight.”
The binding term sheet establishes a foundation for the companies to work together on
the practical application of electric aircraft. Their collaboration is intended to extend
beyond aircraft acquisition, with potential joint opportunities in selected international
markets.
As FFG develops its mobility management business that already includes a live charter
division of private jets, the company is pursuing opportunities that connect current
aviation capabilities with the longer-term transition to advanced and electric aircraft. Its
approach includes developing operational models and market opportunities that can
help bring emerging aircraft technologies into service across a variety of missions.
Visual assets are available here.
ABOUT FUTURE FLIGHT GLOBAL
Future Flight Global (FFG) is a mobility management company that plans and manages
air travel and transport for individuals, businesses and communities. Its work spans
private mobility services, regional shuttle development, advanced air services and
consulting. Drawing on decades of aviation experience, FFG works with operators,
manufacturers and infrastructure partners to meet today’s needs with existing aircraft
and prepare for electric, hybrid and vertical takeoff technologies. Learn more at ffg.aero.
ABOUT BETA TECHNOLOGIES
BETA (NYSE: BETA) is an aerospace and defense company designing, manufacturing
and selling high-performance electric aircraft, advanced electric propulsion systems,
components and charging systems to top operators worldwide. BETA’s intentional
approach to developing the enabling technologies necessary to electrify aviation
unlocks lucrative aftermarket revenue opportunity over the life of each aircraft. These
highly scalable enabling technologies allow BETA to serve a customer base across
cargo and logistics, defense, passenger and medical end markets and unlock cost-effective and safe missions. Visit www.beta.team for more information about BETA and
its products.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities
Exchange Act of 1934, as amended. These statements include, but are not limited to, statements
regarding a potential future collaboration between BETA and FFG and the integration of Advanced
Air Mobility into international markets.
These forward-looking statements are only predictions and may differ materially from actual
results due to a variety of factors. The risks and uncertainties that could cause actual results to
differ materially are more fully detailed in BETA’s filings with the Securities and Exchange
Commission, including BETA’s most recent Annual Report on Form 10-K and subsequent
Quarterly Reports on Form 10-Q. Any forward-looking statements contained herein are based on
assumptions that BETA believes to be reasonable as of the date hereof. Readers are cautioned
not to put undue reliance on forward-looking statements. BETA undertakes no obligation and does
not expect to update these statements as a result of new information or future events, except as
required by law.
MEDIA CONTACT:
Josh Wood
Alpha Charlie Marketing
jwood@alphacharliemarketing.com
+1.316.295.8867