STOCK TITAN

Surf Air Mobility Joins FAA-Sponsored Center for Advanced Aviation Technologies Consortium

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags

Key Terms

part 135 regulatory
Part 135 is the section of U.S. aviation regulations that governs on-demand and small commercial air operations, such as charter flights, air taxis and some commuter services. For investors, Part 135 status signals the level of safety oversight, operating limits, insurance requirements and costs a company faces—think of it like a business license tier that dictates what routes, aircraft and customers a carrier can serve and how much it costs to run safely and legally.
federal aviation administration regulatory
A U.S. government agency that sets and enforces safety, certification, and operating rules for civil aviation, including aircraft, pilots, airlines, airports, and air traffic control. Think of it as the traffic cop and building inspector for the skies: its approvals, inspections, and regulations can change how quickly new planes or technologies reach the market, alter operating costs, or trigger safety-related grounding or fines, all of which can affect the revenues and stock prices of aviation-related companies.
national airspace system regulatory
The national airspace system is the combined network of airports, air traffic control services, flight routes, navigation aids, and rules that govern how aircraft move across a country — like a nation’s road network and traffic lights but for planes. Investors care because its capacity, safety standards, modernization, and regulatory changes directly affect airlines, cargo operators, airport revenues and supply chains, influencing travel demand, operating costs and profitability.
autonomous systems technical
Autonomous systems are machines or technology that can operate and make decisions on their own, without needing constant human guidance. They use sensors, software, and rules to perform tasks independently, much like a self-driving car navigating traffic. For investors, understanding autonomous systems is important because they are transforming industries, increasing efficiency, and creating new opportunities for innovation and growth.
ai-enabled software technical
AI-enabled software is computer programs that use artificial intelligence to analyze data, learn patterns, and make or suggest decisions without being explicitly programmed for every task. For investors, it matters because this software can improve efficiency, unlock new revenue streams or cut costs—like a factory installing a smarter robot—while also introducing risks from mistakes, data needs, and changing rules that can affect a company’s growth and value.
task orders regulatory
Task orders are individual assignments or work requests issued under a broader, standing contract that already sets the rules and prices. Think of a master agreement like a subscription and task orders as the specific jobs customers call in as needed. For investors, task orders matter because they translate to concrete, often short‑term revenue, add to a company’s visible backlog, and signal the company’s ability to win repeat or follow‑on work under established relationships.
on-demand charter technical
An on-demand charter is a short-term rental of a vehicle—such as an airplane, ship, or bus—arranged for a specific trip when a customer requests it rather than on a fixed schedule; think of it like hailing a rideshare but for an entire aircraft or vessel. For investors it matters because this pay-as-needed model can boost revenue during sudden spikes in demand, lower fixed costs and capital needs, and increase pricing flexibility, but it also creates more variable income and operational or regulatory risks.

Surf Air Mobility gains access to FAA-funded research programs, task order eligibility, and working group discussions.

Surf Air Mobility brings operational, data, and AI-enabled software capabilities to the consortium.

Surf Air Mobility becomes first Part 135 passenger operator to join the consortium.

LOS ANGELES--(BUSINESS WIRE)-- Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, or the “Company”), a leading air mobility platform, announced today the Company has joined the Center for Advanced Aviation Technologies (“CAAT”) Consortium as a member organization. Surf Air Mobility is the first Part 135 passenger operator to join the consortium.

The CAAT is a national initiative between the Texas A&M University System and the Federal Aviation Administration (“FAA”). The consortium is designed to bring together government, academia, and industry participants to advance the safe integration of emerging electric aircraft, autonomous systems, and advanced aviation technologies into the National Airspace System.

As a consortium member, Surf Air Mobility will:

  • Be eligible to respond to FAA-funded task orders exclusive to consortium members
  • Have visibility into FAA-sponsored research priorities, emerging aviation technology needs, and evaluation pathways available to CAAT member organizations
  • Participate in FAA-member discussions and working groups shaping future solicitations
  • Collaborate on opportunities with academic, industry, nonprofit, and government partners across the consortium

Deanna White, CEO of Surf Air Mobility, said: "Surf Air Mobility is building an intelligent operating system for air mobility, and the CAAT gives us a direct connection to the FAA's research and development priorities that will shape the future of aviation. Membership puts us alongside the organizations defining how next-generation aviation technologies integrate into the national airspace and positions us to leverage the impact of our operational, data, and AI-enabled software capabilities."

Albert Bejarano, Acting Associate Director for Center of Advanced Aviation Technologies, said: "CAAT was established to bring government, academia, and industry together to support the safe integration of advanced aviation technologies into the National Airspace System. Surf Air Mobility brings a valuable industry perspective through its real-world aviation operations, operational data, and software-enabled capabilities. Their participation strengthens the consortium’s ability to support FAA-sponsored research, working group discussions, and future technology evaluation efforts."

About Surf Air Mobility

Surf Air Mobility is a Los Angeles-based air mobility platform. With its AI-enabled SurfOS software, Surf Air Mobility provides technology designed to support the modernization of air operations and the adoption of next-generation aircraft. The Company currently operates one of the largest commuter airlines in the United States by scheduled departures and provides private charter services. Together, these businesses provide the operational scale and real-world operating data to validate and deploy its software. These capabilities position Surf Air Mobility as a leader shaping a more efficient, connected, and accessible future for aviation.

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 Surf Air Mobility’s 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 Mobility’s ability to anticipate the future needs of the air mobility market; Surf Air Mobility’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 Mobility’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 Mobility’s growth; the inability of Surf Air Mobility’s customers to pay for Surf Air Mobility’s services; the inability of Surf Air Mobility 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 Mobility, the risks associated with Surf Air Mobility’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 www.sec.gov, before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law.

Surf Air Mobility Media Contacts
Press: press@surfair.com
Investors: investors@surfair.com

Source: Surf Air Mobility Inc.