Summary of Surf Air Mobility Conference Call Company Overview - Surf Air Mobility (NYSE: SRFM) is a leading air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures [1] - The company operates as the largest U.S. passenger operator of Cessna Caravans and is developing an AI-powered software platform called Surf OS in partnership with Palantir Technologies [1][5] - Surf Air Mobility is also focused on commercializing electrified aircraft and creating proprietary powertrain technology for the Cessna Caravan under an exclusive agreement with Textron Aviation [1] Core Business Units - The company has two distinct business units: 1. **Air Mobility**: Scheduled and charter flight operations in the Part 135 space 2. **Air Technology**: Focused on Surf OS software platform and powertrain electrification initiatives [5][7] Recent Performance and Financials - In the last 12 months, Surf Air Mobility flew approximately 320,000 passengers [5] - Q2 revenue was reported at $27 million, exceeding guidance of $23.5 to $26.5 million [13] - Adjusted EBITDA loss narrowed to $9.5 million, better than the guidance range of $10 to $13 million [13] - Key operating performance measures improved significantly, achieving profitability in airline operations for Q2 [13] Strategic Partnerships and Agreements - Signed a five-year software license agreement with Palantir Technologies, becoming their exclusive partner for software configuration and sales for Part 135 operators [16] - Palantir Technologies is also one of Surf Air Mobility's largest shareholders, aligning interests [17] Transformation Plan - The company implemented a four-stage transformation plan: 1. **Transformation**: Completed in 2024, focused on improving capital structure and management team [11] 2. **Optimization**: Currently in this phase, optimizing airline operations and implementing Surf OS technology [11] 3. **Expansion and Acceleration**: Planned for 2026 and 2027, including launching new routes and deploying electric aircraft [12] Technology Initiatives - Surf OS includes modules like Broker OS and Operator OS, which are currently live and being utilized within the company's operations [8][15] - The company is developing proprietary electric and hybrid electric powertrains for the Cessna Grand Caravan, aimed at reducing costs and emissions [9] Future Outlook - The company aims to achieve at least $100 million in revenue for the year and a positive adjusted EBITDA in airline operations [15] - Plans to launch new routes and expand product offerings in the Part 135 marketplace [12][21] - The transformation plan is focused on profitable growth, with a strong operational team and unique agreements with partners [21][23] Key Takeaways - Surf Air Mobility is positioned to leverage technology for growth in the air mobility sector, with a strong focus on electrification and operational efficiency [1][21] - The company is on track to achieve its financial goals and is making significant progress in its transformation initiatives [15][21]

Alphabet Today GOOGL Alphabet $245.79 -1.35 (-0.55%) 52-Week Range $140.53 ▼ $256.00 Dividend Yield 0.34% Fast forward to today, and that valuation gap has essentially closed. Alphabet's sharp re-rating came on the back of stellar Q2 earnings and a shift in narrative. Concerns over regulatory risks and competitive threats, once considered headwinds, have eased, helping fuel renewed confidence. Signs of Overheating Despite the improving outlook, investors may want to pause before adding fresh capital at curr ...

Microsoft (NASDAQ: MSFT ) is finding more avenues to leverage AI, driving substantial enterprise customer adoption. With core solutions like Microsoft 365 Copilot being powered by OpenAI & now Anthropic, users are gaining more versatility and choices between frontier models. AsMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional servic ...

LOGIN SUBSCRIBE | FastCo Works advertisement BYÂ Reuters Listen to this ArticleMore info 0:00 / 0:00 Accenture beat fourth-quarter revenue estimates and unveiled a sixmonth, $865 million restructuring to realign its workforce and operations for rising demand in digital and AI services. The restructuring program highlights the broader trend of companies adapting their workforce and operations to meet growing demand for digital and AI services, while using restructuring to cut costs and funnel savings into tr ...

RENO, Nev., Sept. 25, 2025 (GLOBE NEWSWIRE) -- GlobalTech Corporation (OTCID: GTLK) (“GlobalTech” or the “Company”), a U.S.-headquartered technology holding company specializing in artificial intelligence (AI), big data, and emerging technologies, today announces the appointment of a key addition to the Company’s management team.  Frank R. Parrish, III has been appointed president of GlobalTech. Mr. Parrish possesses more than 25 years of progressive experience in assurance and advisory roles in client serv ...

You are in the camp of people that listened to Jensen, one when he said this is going to be a $1 trillion opportunity or industry, and then very recently said actually it's going to be a three or $4 trillion opportunity. And now you, like many say, it's a bit more believable to us. Just explain your thesis.Perfect. And thanks for having me on the show. I think in a prior segment you had Joanne on talking about how the pie keeps on growing.If you look at compute announcements since December of 2024, through ...

PresentationTodd McKinnonCo-Founder, Chairman & CEO Hello, Oktane. Wow. This is amazing. Thank you so much for being here, customers, partners. We love customers. We love partners. Investors, we love investors. Competitors? Hey, don't laugh. They have to figure out what they're going to be working on for the next few years. We're happy to share all of our hard work with all of you. We're very excited. My dad is here. Welcome to Oktane, dad. Nice to have you here. This is very cool. So in the room, it's off ...

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