Amazon provides funding for the airline manufacturer to meet its seasonal targets
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In Amazon seasonal money now includes electric air traffic control, not only electric vans. The online retailer (along with Fidelity, Redbird Capital and other affiliates) has was laid to rest in Beta Technologies, a manufacturer of electronic aircraft for which Alia eVTOL aircraft could be instrumental in achieving Amazon’s target of zero emissions by 2040.
Loyalty led to $ 368 million around. Amazon did not say how it contributed to Beta, although it had already installed hydrogen-powered aircraft (ZeroAvia) and net-zero fuel (Infinium).
Alia can carry cargo for up to 1,500 pounds (about three pallets, Amazon adds) or six people with 250 nautical miles. Although Amazon did not say how to use the plane, its focus on the product suggests that Alia could be used to provide hop-hop hop-offs for a small plane or car. Beta has already ordered UPS for small and medium-sized flights, with United Therapeutics and Blade Urban Air Mobility planning to use Alia to operate paramedics and small aircraft.
Amazon stocks will not run until 2024, with Beta hoping to save its first flight. However, the company’s investment in EV paid off – for Amazon Rivian currency from 2019 has led the existing electric vans making donations. Beta funding can bring answers, even if it takes a few years to get it.
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