Company Announcements

LOS ANGELES--(BUSINESS WIRE)--Jul. 22, 2025-- Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or “the Company”), a leading regional air mobility platform, today announced six new charter broker and operator LOI agreements for the SurfOS software program. This new cohort of users expands interest in the Company’s SurfOS technology across a diverse cross-section of the private aviation industry, from regional and cargo operators to charter brokerages. These new agreements demonstrate meaningful progress toward the Company’s commercial roll out timeline and highlight the SurfOS products are being well received by third-party industry stakeholders.

These new agreements are in addition to the Company's previously announced beta launch users.

As part of the agreement, participating brokers and operators will play a critical role in shaping the future of BrokerOS and OperatorOS by providing relevant feedback on functionality and identifying new opportunities to apply the technology, ensuring the SurfOS platform is built to address the real-world, practical needs of brokers and operators.

BrokerOS provides a sales platform designed to help brokers automate sourcing, pricing, and client communications. OperatorOS delivers powerful tools for aircraft scheduling, crew optimization, and operational visibility. Both modules are part of SurfOS’s broader goal to unify aviation’s fragmented data landscape and drive profitability through predictive analytics and automation.

Sudhin Shahani, Co-founder of Surf Air Mobility, said: "Getting this technology into the hands of real-world users is a critical step. We’re building SurfOS to be the operating system that unlocks efficiency, revenue, and data transparency for operators and brokers for the Air Mobility industry. The insights we gain from these additional users are shaping the future of how this industry runs."

Jeremy Johnson, Co-Founder & CEO of JetSetGo, said: “As brokers, we are always looking for new, emerging technology tools to propel our business upward. Speed and efficiency are everything in private aviation. SurfOS gives us a powerful edge with real-time aircraft sourcing and automated workflows. It’s a game-changer that helps us close more deals, faster, with less friction and an exceptional end-to-end client experience.”

Surf Air Technologies, the dedicated software subsidiary of Surf Air Mobility, is developing SurfOS powered by Palantir Technologies’ (NASDAQ: PLTR) AI and Foundry platforms.

SurfOS remains in the beta phase, and will continue through 2025 as the Company prepares to commercialize SurfOS beginning in 2026.

For more information or to schedule a demo, visit www.surfair.com/surfos.

About Surf Air Mobility

Surf Air Mobility is a Los Angeles-based regional air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures. It is also the largest U.S. passenger operator of Cessna Caravans. In addition to its airline operations and On Demand charter services, Surf Air Mobility is developing an AI-powered software platform for the Regional Air Mobility industry. The company is also working to commercialize electrified aircraft and develop proprietary powertrain technology for the Cessna Caravan. Surf Air Mobility plans to offer its software and electrification solutions to the Regional Air Mobility industry to improve safety, efficiency, and profitability.

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 the functionality and timing of the commercial release of SurfOS, the total addressable market for SurfOS, Surf Air’s profitability and future financial results and its 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’s ability to anticipate the future needs of the air mobility market; Surf Air’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’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’s growth; the inability of Surf Air’s customers to pay for Surf Air’s services; the inability of Surf Air 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, the risks associated with Surf Air’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.

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

Source: Surf Air Mobility Inc.