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Beta Technologies raises another $375 million

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Beta Technologies raises another $375 million


Corrections: Beta Applied sciences has raised a complete of $796 million; UPS is a buyer however not an investor within the firm. An earlier model of this story was incorrect on these factors.

Beta Applied sciences, the electrical plane firm based mostly in South Burlington, raised $375 million in a second spherical of financing, bringing its whole financing to $796 million — an unprecedented monetary feat in Vermont, in keeping with the president of the Vermont Middle for Rising Applied sciences.

“Only a few folks dream large enough and much sufficient into the long run to begin an aerospace firm from scratch,” David Bradbury stated Thursday. “I give Kyle and Katie Clark all of the respect and thanks on this planet for going for it.”

Kyle Clark is the founder and chief govt officer of Beta. His spouse, Katie, has joined him within the firm and is liable for the “tradition and inspiration” throughout the enterprise, in keeping with Kyle Clark.

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The Vermont Middle for Rising Applied sciences offers seed funding to Vermont startups. It’s not an investor in Beta.

Kyle Clark based Beta in 2017. The corporate raised $368 million in its first non-public spherical of financing in Might 2021 by attracting traders equivalent to Amazon’s Local weather Pledge Fund. Beta’s Alia electrical zero-emissions plane, which takes off and lands vertically, will carry 1,400 kilos of cargo or as much as 5 folks and a pilot.

Extra:UPS to purchase electrical plane from pioneering Burlington firm

“Zero emissions aviation is a important a part of turning the nook on local weather change, and we’re thrilled that our traders see our electrical aviation system as a significant step in direction of this bold objective,” Kyle Clark stated in a information launch.

One other GlobalFoundries?

Beta introduced in Might 2021 that UPS ordered 10 of the Alia plane, which promote for $4 million every, and reserved the suitable to purchase one other 140 plane. Blade, a non-public air shuttle firm that flies passengers from Manhattan to the airport and the Hamptons — at present in helicopters — ordered 5 Alias and reserved as much as 20 plane.  

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The Alia electric vertical takeoff and landing aircraft, as seen in 2021 at the Beta Technologies hangar at Burlington International Airport.

Bradbury stated the one “analogous” non-public funding in Vermont to Beta he can consider is IBM’s funding in a semiconductor manufacturing facility in Essex, now owned by GlobalFoundries.

“(Beta) might very effectively be one other GlobalFoundries,” Bradbury stated. “How did that come to be? (IBM CEO) Tom Watson favored Stowe. It defied logic to create a semiconductor facility from scratch in a discipline in Essex.”

Katie Clark addressed the query of why Beta had chosen to remain in Vermont throughout a convention name asserting the primary spherical of financing in Might 2021.

“Kyle and I grew up right here being instructed there would not be jobs right here for us,” she stated. “We’re making an attempt to alter that mindset and create alternatives for different Vermonters.”

Contact Dan D’Ambrosio at 802-849-0497 or ddambrosio@freepressmedia.com. Comply with him on Twitter @DanDambrosioVT. This protection is barely potential with help from our readers.



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Vermont National Guard facility set to reopen after major PFAS spill

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Vermont National Guard facility set to reopen after major PFAS spill


Operators at a South Burlington wastewater treatment plant first noticed something strange Friday morning. A tank was filling with bubbles, like someone had filled it with laundry detergent.

“It looked like a white bubble bath,” said Bob Fischer, the water quality superintendent for South Burlington. “I could tell it was firefighting foam, but I didn’t know what kind.”

Fischer was right. The night before, 800 gallons of highly concentrated firefighting foam had spilled over the floor of the Vermont Army National Guard aircraft hanger in South Burlington.

It gathered in the landing gear of a Black Hawk military helicopter, before some 150 gallons flowed down a drain and entered the town’s wastewater system, according to National Guard estimates. The material reached a nearby pump station before entering the water treatment plant, which sits next to the Winooski River.

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This type of firefighting foam is called aqueous film-forming foam or AFFF. It’s used for fires that involve flammable liquids, like burning jet fuel. The state of Vermont has banned its use because it contains relatively high concentrations of manufactured chemicals known as PFAS, which have been linked to cancer, liver problems and a myriad of other health issues and can be toxic even in tiny doses.

The Vermont National Guard hadn’t released the material for years — it wasn’t even supposed to be used in the case of a fire.

“If the fire suppression system discharged, all it would discharge is just water — we essentially bypassed the AFFF tank,” said Col. Jacob Roy, the construction and facility management officer at the National Guard. “We realized that the risk to the environment was pretty significant, and we did not want a chance having either a purposeful or accidental release.”

Vermont Army National Guard

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Roughly 800 gallons of firefighting foam spilled over the National Guard aircraft hanger last week. Officials suspect there was a mechanical failure in their containment system.

Roy suspects the spill Thursday night was a mechanical failure in their containment system. He said there’s been no evidence of a fire.

Since Friday morning, contractors have been out every day cleaning and testing the National Guard facility, the sewer lines, the pump station and the wastewater treatment plant. Roy expects the facility to be open to staff by Wednesday morning.

And test results from the Winooski River should come back within a week.

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In the grand scheme of things, a release of around 150 gallons — about the size of a hot tub — is pretty small within the bigger river system, said Matt Chapman, who directs waste management and prevention at Vermont’s Department of Environmental Conservation.

“It’s good for perspective purposes to appreciate that on a normal day in the Winooski River, the river has a flow rate of about 5,000 gallons per second,” he said.

A long, grey windowless building is visible behind a metal fenced topped with barbed wire.

April McCullum

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The National Guard hadn’t released the firefighting foam in years. It wasn’t even supposed to be used in the case of a fire.

While he’s not overly concerned about contamination in the river, he said what’s less straightforward going forward is how to properly dispose of the 650 gallons of foam that’s been collected. The EPA released interim guidance this year that includes incineration, storage in landfills and underground injection, but none of the options are good.

“I think it’s fair to say there’s no guidance from EPA,” Chapman said.

“One of the reasons why we still have this product over the years onsite, [is] because it is not an easy product to get rid of,” echoed Roy.

He said the disposal method will ultimately depend on the concentration of PFAS found in testing and directed further questions about the disposal process to the National Guard’s waste disposal contractor, Republic Services.

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A spokesperson for the company said they operate several hazardous waste landfills across North America, which are engineered to safely and responsibly manage this type of waste.

Have questions, comments or tips? Send us a message.





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Gatorade names record-breaking North Country star VT’s top girls track and field athlete

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Gatorade names record-breaking North Country star VT’s top girls track and field athlete


North Country junior Sabine Brueck has been selected as Vermont’s top high school girls track and field athlete for the 2024 season, Gatorade announced Tuesday morning.

Brueck is the second athlete in program history to receive the award, which recognizes outstanding athletic excellence, high academic achievement and exemplary character.

The 5-foot-7 Brueck swept the 100- and 300-meter hurdles at the Division I state meet earlier this month, while also taking second in triple jump and third in long jump. Then at the New England championships, Brueck broke her own state record in the 300 hurdles (43.90 seconds) to nab third. Last week, she also reset the Vermont decathlon state record with a winning total of 5,755 points.

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More: State records fall at 48th annual Vermont decathlon championships

Brueck has volunteered locally as a youth track, basketball and soccer coach and has also donated her time as a summer camp counselor, the Gatorade release said.

“Sabine has excelled in a variety of events this year,” Mount Mansfield coach Bill Eschholz said in a statement. “From the sprints to the hurdles to the jumps, she is, without a doubt, the best all-around athlete in track this year.”

Brueck has maintained an A average in the classroom. She will begin her senior year of high school this fall.

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As part of Gatorade’s commitment to breaking down barriers in sport, every player of the year also receives a grant to donate to a social impact partner.

To learn more about the Gatorade Player of the Year program, visit playeroftheyear.gatorade.com.

Become a member of the Vermont Varsity Insider Facebook group at https://bit.ly/2MGSfvX.

Contact Abrami at aabrami@freepressmedia.com. Follow him on Twitter: @aabrami5.





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N.H. man sought in Vt. bank robbery arrested after 20-mile police chase, officials say – The Boston Globe

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N.H. man sought in Vt. bank robbery arrested after 20-mile police chase, officials say – The Boston Globe


Barry A. English Jr., 38, allegedly drove a stolen car during a 20-mile police chase down Interstate 93 in New Hampshire on Monday, officials said.New Hampshire State Police

A Nashua, N.H., man wanted in connection with a Vermont bank robbery was arrested after police pulled over a stolen car following a 20-mile chase down Interstate 93 in New Hampshire on Monday, officials said.

About 4 p.m., state troopers pursued a blue 2013 BMW 550i headed south on I-93 that had been reported stolen from Nashua on Sunday, New Hampshire State Police said in a statement. Believing the driver to be the culprit in a robbery at the Passumpsic Bank in Newport, Vt., hours earlier, police attempted to pull the car over in Lincoln, N.H.

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The driver, who allegedly said he had a weapon during the robbery, refused to stop and traveled 20 miles to Campton, just north of the Plymouth town line, before troopers and a State Police K-9 unit pulled him over, the statement said. State Police identified the driver as 38-year-old Barry A. English Jr., who was taken into custody.

During the arrest, the southbound travel lanes were briefly closed, according to police.

Arraignment information for English was not immediately available Monday night, and it was unclear whether he had hired an attorney.

The chase remains under investigation, the statement said.


Lila Hempel-Edgers can be reached at lila.hempeledgers@globe.com. Follow her on X @hempeledgers and on Instagram @lila_hempel_edgers.





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