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About Jet.AI
Industries
Automotive & Transportation
Consumer Software
Company Size
11-50
Company Stage
IPO
Headquarters
Las Vegas, Nevada
Founded
2018
Overview
Jet.AI provides private aviation services that simplify the private jet travel experience for high-net-worth individuals and businesses in the Southwestern United States. Their main offering is a mobile app available on iOS and Android, which allows users to book one-way or round-trip flights with clear pricing and immediate booking options. The app connects users to a network of over 1,500 safety-vetted operators globally, ensuring a safe and convenient travel experience. Unlike many competitors, Jet.AI does not require membership fees, making private jet travel more accessible. The company aims to deliver comfortable and exclusive travel while also focusing on the well-being and career development of its pilots and staff.
Simplify's Take
What believers are saying
- Jet.AI's SPAC merger provides increased capital for growth and innovation.
- The rise of AI-driven tools enhances Jet.AI's CharterGPT app capabilities.
- Growing interest in urban air mobility presents expansion opportunities for Jet.AI.
What critics are saying
- Increased competition from new entrants like Set Jet may impact Jet.AI's market share.
- The $2.4 million stock offering at $0.09 per share may affect investor confidence.
- Integration challenges from the Oxbridge Acquisition Corp. merger could disrupt operations.
What makes Jet.AI unique
- Jet.AI offers private jet travel without membership fees, unlike many competitors.
- The CharterGPT app uses voice technology for seamless charter booking experiences.
- Jet.AI connects users to over 1,500 safety-vetted operators worldwide.
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Funding
Total Funding
$49.8M
Above
Industry Average
Funded Over
3 Rounds
Growth & Insights and Company News
6 month growth
↓ -5%1 year growth
↑ 0%2 year growth
↑ 6%flyExclusive Inc. (NYSE American: FLYX), a Kinston, NC-based provider of jet charter experiences, acquired Jet.AI Inc. (NASDAQ: JTAI), a Las Vegas, NV-based private aviation and artificial intelligence company.With the acquisition, flyExclusive will expand its 2025 growth plans.Founded by Mike Winston Jet.AI currently operates in two segments, Software and Aviation, respectively. The software segment features the B2C CharterGPT app, the Ava agentic booking AI, and the B2B Jet.AI Operator platform, which use natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of stand-alone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet cards, on-fleet charter, management, and buyer’s brokerage
Jet.AI's $2.4M stock offering: AI-driven aviation firm sells 26.6M shares at $0.09. Learn how this move impacts investors and the company's future in private air travel and AI technology.
Jet.AI has consummated its SPAC merger and is now publicly traded on the NASDAQ under JETAI
Jet Token Inc. entered into a definitive business combination agreement to acquire Oxbridge Acquisition Corp. from a group of shareholders for approximately $110 million in a reverse merger transaction on February 24, 2023.
Jet AI launches CharterGPT with more AI to come.
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About Jet.AI
Industries
Automotive & Transportation
Consumer Software
Company Size
11-50
Company Stage
IPO
Headquarters
Las Vegas, Nevada
Founded
2018
There are no jobs for Jet.AI right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Jet.AI