Surf Air (SRFM) Invests $26M to Develop SurfOS

Core Insights - Surf Air Mobility Inc. (NYSE:SRFM) has allocated $26 million from a recent $100 million strategic transaction to develop and commercialize its SurfOS products, including BrokerOS, OperatorOS, and OwnerOS [1][2]. Funding and Development - The funding will enhance engineering and go-to-market capabilities, develop enterprise-grade solutions, and introduce new modules, aiming to increase market share in the air mobility software sector [2]. - SurfOS's core operating system is powered by Palantir Technologies Inc.'s Foundry and AIP Platforms, specifically for the Part 135 regional aviation segment, with an expanded partnership for enterprise implementation services [3]. Operational Improvements - Surf Air Mobility Inc. has reported operational improvements after adopting SurfOS tools, including reduced On Demand team expenses, leading to higher revenues at lower costs, and a significant increase in bookings per broker [4]. - The crew scheduling tool in the Northeast and Hawaii regions has helped prevent scheduling errors, reduce compliance risk, and simplify operations [4]. Company Overview - Surf Air Mobility Inc. operates in electric aviation, software, and air travel, providing technology to modernize air operations and support the adoption of next-generation aircraft [5].