Latest news with #SurfAirMobility
Yahoo
7 days ago
- Business
- Yahoo
Surf Air Mobility Adds Six New SurfOS Agreements with Brokers and Operators
LOS ANGELES, July 22, 2025--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ("Surf Air Mobility" or "the Company"), a leading regional air mobility platform, today announced six new charter broker and operator LOI agreements for the SurfOS software program. This new cohort of users expands interest in the Company's SurfOS technology across a diverse cross-section of the private aviation industry, from regional and cargo operators to charter brokerages. These new agreements demonstrate meaningful progress toward the Company's commercial roll out timeline and highlight the SurfOS products are being well received by third-party industry stakeholders. These new agreements are in addition to the Company's previously announced beta launch users. As part of the agreement, participating brokers and operators will play a critical role in shaping the future of BrokerOS and OperatorOS by providing relevant feedback on functionality and identifying new opportunities to apply the technology, ensuring the SurfOS platform is built to address the real-world, practical needs of brokers and operators. BrokerOS provides a sales platform designed to help brokers automate sourcing, pricing, and client communications. OperatorOS delivers powerful tools for aircraft scheduling, crew optimization, and operational visibility. Both modules are part of SurfOS's broader goal to unify aviation's fragmented data landscape and drive profitability through predictive analytics and automation. Sudhin Shahani, Co-founder of Surf Air Mobility, said: "Getting this technology into the hands of real-world users is a critical step. We're building SurfOS to be the operating system that unlocks efficiency, revenue, and data transparency for operators and brokers for the Air Mobility industry. The insights we gain from these additional users are shaping the future of how this industry runs." Jeremy Johnson, Co-Founder & CEO of JetSetGo, said: "As brokers, we are always looking for new, emerging technology tools to propel our business upward. Speed and efficiency are everything in private aviation. SurfOS gives us a powerful edge with real-time aircraft sourcing and automated workflows. It's a game-changer that helps us close more deals, faster, with less friction and an exceptional end-to-end client experience." Surf Air Technologies, the dedicated software subsidiary of Surf Air Mobility, is developing SurfOS powered by Palantir Technologies' (NASDAQ: PLTR) AI and Foundry platforms. SurfOS remains in the beta phase, and will continue through 2025 as the Company prepares to commercialize SurfOS beginning in 2026. For more information or to schedule a demo, visit About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures. It is also the largest U.S. passenger operator of Cessna Caravans. In addition to its airline operations and On Demand charter services, Surf Air Mobility is developing an AI-powered software platform for the Regional Air Mobility industry. The company is also working to commercialize electrified aircraft and develop proprietary powertrain technology for the Cessna Caravan. Surf Air Mobility plans to offer its software and electrification solutions to the Regional Air Mobility industry to improve safety, efficiency, and profitability. Forward-Looking Statements This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the functionality and timing of the commercial release of SurfOS, the total addressable market for SurfOS, Surf Air's profitability and future financial results and its ability to achieve its business objectives. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company and reflect the Company's current views concerning future events. As such, they are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: Surf Air's ability to anticipate the future needs of the air mobility market; Surf Air's future ability to pay contractual obligations and liquidity will depend on operating performance, cash flow and ability to secure adequate financing; the dependence on third-party partners and suppliers for the components and collaboration in Surf Air's development of its advanced air mobility software platform, and any interruptions, disagreements or delays with those partners and suppliers; the inability to execute business objectives and growth strategies successfully or sustain Surf Air's growth; the inability of Surf Air's customers to pay for Surf Air's services; the inability of Surf Air to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against Surf Air, the risks associated with Surf Air's obligations to comply with applicable laws, government regulations and rules and standards of the New York Stock Exchange; and general economic conditions. These and other risks are discussed in detail in the periodic reports that the Company files with the SEC, and investors are urged to review those periodic reports and the Company's other filings with the SEC, which are accessible on the SEC's website at before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law. View source version on Contacts Surf Air Mobility Media Contacts Press: press@ Investors: investors@
Globe and Mail
7 days ago
- Business
- Globe and Mail
Surf Air Mobility Adds Six New SurfOS Agreements with Brokers and Operators
Surf Air Mobility Inc. (NYSE: SRFM) ('Surf Air Mobility' or 'the Company'), a leading regional air mobility platform, today announced six new charter broker and operator LOI agreements for the SurfOS software program. This new cohort of users expands interest in the Company's SurfOS technology across a diverse cross-section of the private aviation industry, from regional and cargo operators to charter brokerages. These new agreements demonstrate meaningful progress toward the Company's commercial roll out timeline and highlight the SurfOS products are being well received by third-party industry stakeholders. These new agreements are in addition to the Company's previously announced beta launch users. As part of the agreement, participating brokers and operators will play a critical role in shaping the future of BrokerOS and OperatorOS by providing relevant feedback on functionality and identifying new opportunities to apply the technology, ensuring the SurfOS platform is built to address the real-world, practical needs of brokers and operators. BrokerOS provides a sales platform designed to help brokers automate sourcing, pricing, and client communications. OperatorOS delivers powerful tools for aircraft scheduling, crew optimization, and operational visibility. Both modules are part of SurfOS's broader goal to unify aviation's fragmented data landscape and drive profitability through predictive analytics and automation. Sudhin Shahani, Co-founder of Surf Air Mobility, said: "Getting this technology into the hands of real-world users is a critical step. We're building SurfOS to be the operating system that unlocks efficiency, revenue, and data transparency for operators and brokers for the Air Mobility industry. The insights we gain from these additional users are shaping the future of how this industry runs." Jeremy Johnson, Co-Founder & CEO of JetSetGo, said: 'As brokers, we are always looking for new, emerging technology tools to propel our business upward. Speed and efficiency are everything in private aviation. SurfOS gives us a powerful edge with real-time aircraft sourcing and automated workflows. It's a game-changer that helps us close more deals, faster, with less friction and an exceptional end-to-end client experience.' Surf Air Technologies, the dedicated software subsidiary of Surf Air Mobility, is developing SurfOS powered by Palantir Technologies' (NASDAQ: PLTR) AI and Foundry platforms. SurfOS remains in the beta phase, and will continue through 2025 as the Company prepares to commercialize SurfOS beginning in 2026. For more information or to schedule a demo, visit About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures. It is also the largest U.S. passenger operator of Cessna Caravans. In addition to its airline operations and On Demand charter services, Surf Air Mobility is developing an AI-powered software platform for the Regional Air Mobility industry. The company is also working to commercialize electrified aircraft and develop proprietary powertrain technology for the Cessna Caravan. Surf Air Mobility plans to offer its software and electrification solutions to the Regional Air Mobility industry to improve safety, efficiency, and profitability. Forward-Looking Statements This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the functionality and timing of the commercial release of SurfOS, the total addressable market for SurfOS, Surf Air's profitability and future financial results and its ability to achieve its business objectives. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company and reflect the Company's current views concerning future events. As such, they are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: Surf Air's ability to anticipate the future needs of the air mobility market; Surf Air's future ability to pay contractual obligations and liquidity will depend on operating performance, cash flow and ability to secure adequate financing; the dependence on third-party partners and suppliers for the components and collaboration in Surf Air's development of its advanced air mobility software platform, and any interruptions, disagreements or delays with those partners and suppliers; the inability to execute business objectives and growth strategies successfully or sustain Surf Air's growth; the inability of Surf Air's customers to pay for Surf Air's services; the inability of Surf Air to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against Surf Air, the risks associated with Surf Air's obligations to comply with applicable laws, government regulations and rules and standards of the New York Stock Exchange; and general economic conditions. These and other risks are discussed in detail in the periodic reports that the Company files with the SEC, and investors are urged to review those periodic reports and the Company's other filings with the SEC, which are accessible on the SEC's website at before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law.
Business Wire
7 days ago
- Business
- Business Wire
Surf Air Mobility Adds Six New SurfOS Agreements with Brokers and Operators
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ('Surf Air Mobility' or 'the Company'), a leading regional air mobility platform, today announced six new charter broker and operator LOI agreements for the SurfOS software program. This new cohort of users expands interest in the Company's SurfOS technology across a diverse cross-section of the private aviation industry, from regional and cargo operators to charter brokerages. These new agreements demonstrate meaningful progress toward the Company's commercial roll out timeline and highlight the SurfOS products are being well received by third-party industry stakeholders. These new agreements are in addition to the Company's previously announced beta launch users. As part of the agreement, participating brokers and operators will play a critical role in shaping the future of BrokerOS and OperatorOS by providing relevant feedback on functionality and identifying new opportunities to apply the technology, ensuring the SurfOS platform is built to address the real-world, practical needs of brokers and operators. BrokerOS provides a sales platform designed to help brokers automate sourcing, pricing, and client communications. OperatorOS delivers powerful tools for aircraft scheduling, crew optimization, and operational visibility. Both modules are part of SurfOS's broader goal to unify aviation's fragmented data landscape and drive profitability through predictive analytics and automation. Sudhin Shahani, Co-founder of Surf Air Mobility, said: "Getting this technology into the hands of real-world users is a critical step. We're building SurfOS to be the operating system that unlocks efficiency, revenue, and data transparency for operators and brokers for the Air Mobility industry. The insights we gain from these additional users are shaping the future of how this industry runs." Jeremy Johnson, Co-Founder & CEO of JetSetGo, said: 'As brokers, we are always looking for new, emerging technology tools to propel our business upward. Speed and efficiency are everything in private aviation. SurfOS gives us a powerful edge with real-time aircraft sourcing and automated workflows. It's a game-changer that helps us close more deals, faster, with less friction and an exceptional end-to-end client experience.' Surf Air Technologies, the dedicated software subsidiary of Surf Air Mobility, is developing SurfOS powered by Palantir Technologies' (NASDAQ: PLTR) AI and Foundry platforms. SurfOS remains in the beta phase, and will continue through 2025 as the Company prepares to commercialize SurfOS beginning in 2026. For more information or to schedule a demo, visit About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures. It is also the largest U.S. passenger operator of Cessna Caravans. In addition to its airline operations and On Demand charter services, Surf Air Mobility is developing an AI-powered software platform for the Regional Air Mobility industry. The company is also working to commercialize electrified aircraft and develop proprietary powertrain technology for the Cessna Caravan. Surf Air Mobility plans to offer its software and electrification solutions to the Regional Air Mobility industry to improve safety, efficiency, and profitability. Forward-Looking Statements This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the functionality and timing of the commercial release of SurfOS, the total addressable market for SurfOS, Surf Air's profitability and future financial results and its ability to achieve its business objectives. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company and reflect the Company's current views concerning future events. As such, they are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: Surf Air's ability to anticipate the future needs of the air mobility market; Surf Air's future ability to pay contractual obligations and liquidity will depend on operating performance, cash flow and ability to secure adequate financing; the dependence on third-party partners and suppliers for the components and collaboration in Surf Air's development of its advanced air mobility software platform, and any interruptions, disagreements or delays with those partners and suppliers; the inability to execute business objectives and growth strategies successfully or sustain Surf Air's growth; the inability of Surf Air's customers to pay for Surf Air's services; the inability of Surf Air to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against Surf Air, the risks associated with Surf Air's obligations to comply with applicable laws, government regulations and rules and standards of the New York Stock Exchange; and general economic conditions. These and other risks are discussed in detail in the periodic reports that the Company files with the SEC, and investors are urged to review those periodic reports and the Company's other filings with the SEC, which are accessible on the SEC's website at before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law.
Yahoo
17-07-2025
- Business
- Yahoo
Surf Air Mobility (SRFM) Expands Capital Base with $27M Equity Offering
Surf Air Mobility Inc. (NYSE:SRFM) is one of the best airline stocks to buy according to hedge funds. On June 26, the air mobility platform confirmed the closing of a direct offering for the purchase and sale of 10,800,002 shares priced at $2.50 a share. The company accrued $27 million from the offering, before deducting placement agent's fees and other offering expenses. The public offering is poised to strengthen the company's financial position, with a portion of the net proceeds allocated towards debt repayment. A portion of the funds will also be allocated for general corporate purposes. Surf Air Mobility Inc. (NYSE:SRFM) is one of the largest commuter airlines in terms of scheduled departures. It is also one of the largest U.S. passenger operators of Cessna Caravans. The company is also developing an AI-powered software platform for the regional air mobility industry and exploring electrified aircraft technology. While we acknowledge the potential of SRFM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs REIT Stocks: Top 12 Stock Picks and Goldman Sachs Healthcare Stocks: Top 10 Stock Picks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
14-07-2025
- Business
- Yahoo
Surf Air Mobility Unveils AI-Powered SurfOS Platform, Partners with Palantir for 2026 Commercial Launch.
Surf Air Mobility Inc. (NYSE:SRFM) is one of the best young stocks to buy and hold for 5 years. On June 10, Surf Air Mobility unveiled its new flagship SurfOS AI-enabled operating system, which is set for broad commercial release in 2026. The suite includes three core products: BrokerOS, OperatorOS, and OwnerOS. SurfOS will create a unified and federated platform by integrating industry data, powered by Palantir Technologies (NASDAQ:PLTR). The three flagship products offer distinct functionalities: BrokerOS streamlines sourcing, quoting, booking, and payments for charter brokers. OperatorOS optimizes aircraft and crew scheduling for both Part 135 charter operators and scheduled commuter airlines. OwnerOS provides private aircraft owners with transparency and optimization capabilities. An Airbus A320ceos ready to take off from the runway of the company's corporate airport. SurfOS currently has beta agreements with eight users who are helping to refine key BrokerOS and OperatorOS features. While the broader Regional Air Mobility industry is projected to reach $75 to $115 billion globally by 2035, these initial commercial software products are expected to immediately impact the private aviation landscape. Surf Air Mobility Inc. (NYSE:SRFM) engages in the air mobility business in the US and internationally. Palantir Technologies Inc. (NASDAQ:PLTR) builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations. While we acknowledge the potential of SRFM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
