Jet.AI Inc. (NASDAQ: JTAI)

Jet. AI develops and operates private aviation services combined with artificial intelligence software and emerging AI data center infrastructure. The company offers fractional ownership and jet card programs for HondaJet and other aircraft, provides AI powered booking and brokerage tools such as CharterGPT and Ava, and supplies B2B SaaS solutions including Reroute AI and DynoFlight through its Jet. AI Operator Platform. Additionally, Jet. AI is pursuing AI data center projects via a joint venture with Consensus Core to develop hyperscale facilities in Canada and Nevada. Founded in 2018, Jet. AI aims to integrate advanced AI technologies into traditional aviation operations to enhance efficiency and create new revenue streams.

Jet. AI generates revenue from multiple streams: aircraft management fees, fractional ownership sales, jet card memberships, charter flight brokerage commissions, subscription and usage fees for its AI software platforms, and potential future income from data center joint venture equity interests and related services. The aircraft operations segment earns recurring income from monthly management fees charged to fractional owners and jet card members, as well as hourly usage fees for flown hours. Software platforms generate revenue through monthly subscriptions for CharterGPT and Ava, transaction fees for bookings facilitated via the AI models, and usage based charges for Reroute AI and DynoFlight services. The AI data center segment anticipates earning cash flow from equity distributions once the joint venture projects reach operational capacity and begin leasing power and space to hyperscale tenants.

The company operates through the following segments: Aircraft Operations, Software Platforms, and AI Data Centers.

• Aircraft Operations: This segment manages a fleet of HondaJet Elite, Citation CJ4 Gen 2 and King Air 350i aircraft, offering fractional ownership, jet card programs, and charter brokerage services, and earns revenue from management fees, hourly usage charges, and sales of jet card memberships. The segment also provides maintenance and operational support through third party providers, ensuring aircraft availability for charter and ownership customers. It seeks to expand its fleet with additional light jet models to increase utilization and meet growing demand for private travel.

• Software Platforms: This segment provides AI driven charter booking through CharterGPT, the agentic AI model Ava for voice and text jet bookings, and the Jet. AI Operator Platform SaaS products such as Reroute AI for empty leg monetization and DynoFlight for emissions tracking and carbon offset purchases, generating revenue from subscriptions, transaction fees, and usage based charges. CharterGPT uses natural language processing to interpret travel requests and suggest optimal aircraft options, while Ava enables customers to book jets via telephone or SMS. Reroute AI matches empty flight legs with new itineraries to create revenue opportunities for operators, and DynoFlight provides emissions estimation tools that facilitate carbon credit purchases.

• AI Data Centers: This segment focuses on developing hyperscale data center campuses in Midwestern and Maritime Canada and a planned project in Moapa, Nevada, through a joint venture with Consensus Core, aiming to earn recurring cash flow from equity interests and potential capital appreciation as the projects scale to support AI workloads. The Midwest Project currently hosts a small proof of concept data center with 2 megawatts of live capacity and plans to expand to 100 megawatts within 12 months. The Maritime Project is designed to begin with 40 megawatts of substation capacity and scale to over 1 gigawatt, leveraging access to natural gas pipelines and transmission lines. The Nevada initiative envisions a 50 megawatt campus on a remediated coal plant site, positioning Jet. AI to participate in the growing demand for AI compute infrastructure in the United States.

Within the private aviation niche, Jet. AI differentiates itself by integrating AI automation into booking and brokerage processes, seeking to reduce labor costs and improve scalability compared to traditional charter brokers and fractional providers such as NetJets, FlexJet, and WheelsUp. In the AI data center arena, the company positions itself as a new entrant leveraging strategic joint venture partnerships and access to power infrastructure to compete with established operators like Equinix, Digital Realty, and major cloud providers. Jet. AI believes its AI enhanced tools provide a unique value proposition that can attract customers looking for faster, more transparent service in a competitive market.

The company serves high net worth individuals, corporate executives, and private jet charter customers for its aircraft operations, while its software platforms target FAA Part 135 operators, aircraft owners, and aviation service providers seeking efficiency tools, and its data center ventures aim to attract enterprise and hyperscale tenants needing AI optimized computing infrastructure. Specific customers named in the filing include the Las Vegas Golden Knights professional ice hockey team and Great Western Air LLC operating as Cirrus Aviation Services, which use Jet. AI’s by the seat booking tool developed through the 380 Software joint venture. Additionally, Jet. AI has collaborated with FL3XX to integrate its DynoFlight carbon offset platform into that aviation management system.