Kyle Clark is the founder and CEO of Beta Technologies, discussing the commercialization timeline for the company's electric aircraft.
0:00 / 0:07exact quote · 7.9s
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“And yes, by 20, 25, they're doing commercial operations here in the U S and then we just basically build them as fast as we can.”
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More from Kyle Clark
PredictionOpen · timeframe Dec 2030
Electric planes will outnumber gas-powered planes in the air by 2030
“By 2030, you'll see more electric airplanes in the air than gas powered airplanes.”
Kyle ClarkAug 24, 2023▶ 34:11Electrifying aviation with Kyle Clark of BETA Technologies
AssertionSupported
Electric flights cost one-sixth to one-half as much as gas-powered planes
“A six to half the cost of flying gas-powered airplanes, and you're doing it sustainably.”
Kyle ClarkAug 24, 2023▶ 35:16Electrifying aviation with Kyle Clark of BETA Technologies
Disclosure
Clark promised Rothblatt a cross-country electric aircraft flight in 10 months
“And I told her that in 10 months we would create this electric aircraft and fly it across the country.”
Kyle ClarkAug 24, 2023▶ 11:45Electrifying aviation with Kyle Clark of BETA Technologies
Disclosure
Clark set aside 70% of BETA's equity for employees on day one
“So day one, I took 70% of the business and usually people take eight or 10 or seven or five percent of the business and say, that's going to be the employee pool. I took 70% of the business and I said, this is what I'm going to use to attract people to be real…”
Kyle ClarkAug 24, 2023▶ 14:00Electrifying aviation with Kyle Clark of BETA Technologies
AssertionPartly supported
Rothblatt pulled $48 million from BETA's competitors to fund Clark instead
“Yeah, forty eight million dollars she had out in contracts elsewhere. And she brought those back in because they were behind schedule, not keeping promises. And she redirected that at us and said, go build a commercial version that I can move organs with.”
Kyle ClarkAug 24, 2023▶ 18:43Electrifying aviation with Kyle Clark of BETA Technologies
PredictionNot checkable as stated
Point-to-point mesh networks will soon replace hub-and-spoke express air cargo
“So the hub and spoke network of yesterday will be replaced by a mesh network of the future where We have already saturated, as you pointed out, Memphis and Louisville. You can't put any more jets in there every night.”
Kyle ClarkAug 24, 2023▶ 28:03Electrifying aviation with Kyle Clark of BETA Technologies
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