Business Model ShiftThe company is on track to sell off its capital-intensive aircraft businesses and shift the business model to investing in datacenter infrastructure projects, which should generate meaningful cash flows and market valuations.
Financial PositionJet.AI ended September with $3.5M in cash and no debt, and has a $50M non-binding term sheet for an equity line of credit, which is believed to be sufficient to meet minimum cash conditions.
Strategic InvestmentsJTAI has invested in a SPAC focused on AI, machine learning, and datacenter operations, with current investments having a market value significantly higher than the company's market cap.