Other Transaction Agreement FA86142390005
- Not listed
- This $827,145,620.01 Other Transaction Agreement was awarded by the U.S. Air Force to Beta Technologies, Inc., a for-profit electric aerospace company, on September 30, 2020. The contract, which has no set-aside designation, is for electric vertical takeoff and landing (eVTOL) flight test research and development, prototype simulators, and digital engineering/digital twin research and development. The work will be performed in South Burlington, Vermont and is scheduled for completion by March...
- The U.S. Air Force awarded a $1,040,000 Other Transaction Agreement to Air VEV Inc., a foreign-owned for-profit organization, for research and development related to electric vertical takeoff and landing (eVTOL) flight testing, prototype simulators, and digital engineering/digital twin R&D. The contract has an ultimate completion date of December 31, 2024 and was not set aside for any specific business type. This award appears to be part of the Air Force's efforts to advance eVTOL and...
- The U.S. Air Force awarded Electra.aero Inc. an Other Transaction Agreement valued at $240 million on July 19, 2023, for electric vertical takeoff and landing (eVTOL) flight test research and development, prototype simulators, and digital engineering/digital twin research and development. The contract contains no set-aside designation and is scheduled for completion by July 31, 2026. Work will be performed in Manassas, Virginia, where Electra.aero operates as a small business specializing in...
- Elroy Air, Inc., a South San Francisco-based developer of autonomous electric vertical takeoff and landing (eVTOL) aircraft, was awarded an Other Transaction Agreement by the Air Force Defense Finance and Accounting Service on November 30, 2020, with a ceiling value of $23.78 million. The contract is focused on vertical takeoff and landing flight test research and development, with an ultimate completion date of September 30, 2025. This award was not set aside for small business, and the work...
- The U.S. Air Force awarded an Other Transaction Agreement valued at $3.8 million to Verdego Aero Inc., a small business based in Daytona Beach, Florida, on August 1, 2024. The contract encompasses electric vertical takeoff and landing (eVTOL) flight test research and development, prototype simulator development, and digital engineering and digital twin research and development. The work is scheduled for completion by July 31, 2026. This award reflects the Air Force's investment in advanced air...
- The U.S. Air Force awarded Archer Aviation Inc. an Other Transaction Agreement valued at approximately $271 million on July 21, 2023, to conduct research and development on electric vertical takeoff and landing (eVTOL) aircraft, including flight testing, prototype simulators, and digital engineering/digital twin capabilities. The contract, which extends through June 18, 2027, represents a significant expansion of Archer's existing work with the Department of the Air Force and builds upon the...
- This definitive contract was awarded by the Department of the Air Force Materiel Command Research Laboratory to Beta Technologies, Inc. for $3 million. The firm fixed price contract supports COVID-19 research and development efforts through Phase II of the Small Business Innovation Research program. Specifically, the prime contractor will conduct work under SBIR Topic 19.3 to develop commercial solutions that address coronavirus impacts. As a total small business set aside, the award facilitates...
- The U.S. Air Force Research Laboratory (AFRL) awarded a $74,957 firm-fixed-price purchase order contract to Airspace Experience Technologies, Inc. for the "Transforming Mobility with First Modular Electric Vertical Take-Off and Landing (EVTOL) Aircraft" project. This contract is set aside for small businesses. The award date is May 14, 2024, and the ultimate completion date is August 19, 2024. The place of performance is Detroit, Michigan. This contract supports the AFRL's efforts to...
- This is a $8,500,000.00 Other Transaction Agreement (OTA) between the U.S. Air Force (USAF) and Elroy Air, Inc. for research and development (R&D) related to electric vertical takeoff and landing (eVTOL) aircraft. The contract includes flight test research and development, prototype simulators, and digital engineering/digital twin R&D. Elroy Air is a for-profit manufacturer of autonomous aerial cargo systems that has previously received Small Business Innovation Research (SBIR) awards...
- This is a $3,794,274.00 Other Transaction Agreement awarded by the U.S. Air Force's Defense Finance and Accounting Service (DFAS) to H3X Technologies Inc., a manufacturer of integrated motor drive and propulsion technologies for unmanned aerial vehicles (UAVs), aircraft, and electric aircraft. The contract is for electric vertical takeoff and landing (eVTOL) flight test research and development. H3X Technologies is a for-profit small business organization based in Colorado that has received...
Beta Technologies, Inc. was awarded an Other Transaction Agreement valued at approximately $392.2 million by the U.S. Air Force on April 13, 2023, to conduct research and development activities related to electric vertical takeoff and landing (eVTOL) aircraft technology. The contract, which extends through December 31, 2026, encompasses flight test research and development, prototype simulator development, and digital engineering and digital twin research and development efforts. The work will be performed in South Burlington, Vermont. This award represents the Air Force's continued investment in advanced aviation technologies that support more efficient and sustainable aircraft operations. The contract carries no set-aside designation and reflects the Department of the Air Force's strategic focus on eVTOL aircraft development through advanced research partnerships. Beta Technologies, an electric aerospace company specializing in vertical takeoff and landing aircraft and charging infrastructure, brings relevant expertise to this engagement, having previously received substantial Air Force funding for similar research initiatives. The Other Transaction Agreement structure allows the Air Force flexibility in managing the development of emerging aviation technologies while working with innovative commercial partners advancing electric propulsion and autonomous systems capabilities.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| P00008 | Supplemental Agreement for work within scope | $0 | 7/24/25 | |
| P00007 | Other Administrative Action | $0 | 12/16/24 | |
| P00006 | Exercise an Option | $789.5k | 8/29/24 | |
| P00005 | Exercise an Option | $1.1m | 4/17/24 | |
| P00004 | Supplemental Agreement for work within scope | $275.4k | 2/27/24 |