Thursday, October 31, 2024

Low Float Nasdaq Past Champ (JTAI) Has 5 Potential Breakout Catalysts (Key AI Software Advancements)

A unique Nasdaq profile is slipping past Wall Street's radar.

*Sponsored by Jet.AI Inc.

StockWireNews

Low Float Nasdaq Past Champ (JTAI) Has 5 Potential Breakout Catalysts (Key AI Software Advancements)

October 31st

Greetings Readers,

A unique Nasdaq profile is slipping past Wall Street's radar.

The best part? This is a profile I've recommended for watch-list consideration previously.

And after I did, it sent shockwaves through the market in the short term.

We're talking about a vertical lift-off of approximately 175+% in less than 48 hours!

Why revisit this now?

For starters, this is a low float idea.

With under 16Mn shares in circulation, the potential for volatile moves could be significant.

Like when it ran approximately 175+% as mentioned above...

Now, that's not to say that this profile will make another massive move, but when you factor in technical indicators suggesting a chart falling to oversold levels, a swift and healthy reversal may be in the cards near term.

Oh, yeah. It also doesn't hurt that the company just recently made an announcement regarding key AI upgrades to its software offerings.

And the possible cherry on top?

A Maxim Research analyst has tagged this profile with a $1.00 target suggesting a potential upside well over 1,300% from its opening valuation Wednesday.

Drop what you're doing and consider this Nasdaq breakout idea for your watch-list:

*Jet.AI Inc. (Nasdaq: JTAI)*

Jet.AI is working towards a seamless experience for aviation operators and customers powered by natural language processing and advanced fleet logistics optimizations.

And right now, JTAI has several potential catalysts to start checking out. Take a look:

No. 1 - Volatility Watch Is In Effect As A Low Float Could Create A Volatile Scenario.

No. 2 - Jet.AI Announces "Significant Advancements" To Key AI-Driven Software Offerings.

No. 3 - A Recent Company Update Points To Jet.AI Disrupting On Multiple Fronts.

No. 4 - Another Milestone Event As Jet.AI Invites Beta Testers To Check Out JetLeg.AI App.

No. 5 - Oversold Leaning Technicals May Suggest A Potential Healthy Reversal Could Be Nearing For JTAI.

But more on those in a second...

Jet.AI Inc. Full Company Breakdown

Jet.AI operates in two segments, Software and Aviation, respectively.

The Software segment features the B2C CharterGPT app and the B2B Jet.AI Operator platform.

The CharterGPT app uses natural language processing and machine learning to improve the private jet booking experience.

The Jet.AI operator platform offers a suite of standalone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact.

The Aviation segment features jet aircraft fractions, jet card, on-fleet charter, management, and buyer's brokerage.

Jet.AI is an official partner of the Las Vegas Golden Knights, 2023 NHL Stanley Cup® champions. The Company was founded in 2018 and is based in Las Vegas, Nevada and San Francisco, California.

Jet.AI Fleet Software Solutions

image

CharterGPT

01. Aircraft recommendation engine.

02. Natural language customer service.

03. Predictive: Destination Airport, Departure Date, Departure Time, and Ground Transportation.

image

Natural Language Outreach: automates the process of confirming the accuracy and availability of aircraft quoted on Avinode by calling the private jet operator.

Payment Reconciliation: identifies and ties-out funding for each charter.

Contract Reconciliation: makes the customer-facing contract match charter operator's contract.

The back-end functionality of CharterGPT utilizes AI to automate what is traditionally the manual processes of charter brokerage.

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Reroute

01. Transform a wasted empty leg into an opportunity to book a new charter by changing the destination(s).

02. Reroute searches for published empty legs by partner operators and optimizes which aircraft to utilize for the requested city pair.

03. Potential for significant cost savings for consumers and incremental margin increases for operators.

image

Reroute offers to increase revenue generating aircraft utilization for the 5,000+ Part 135 charter operators in the US.

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DynoFlight

01. Delivers certificates of offset to customers.

02. Enables aviation operators to track carbon emissions, and to transact carbon credits in small (working capital efficient) quantities.

03. High-quality credits.

DynoFlight provides a simple and credible way to offset emissions in a working capital efficient manner.

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Jet.AI Aviation Division: Capital Light Business Aviation

image

Jet.AI Aviation Division (1/5): Aircraft Sales

01. From fractional share to full aircraft sales.

02. Pre-sell and pass-through milestone payments to OEM.

03. Provide management and charter revenue offset post-delivery.

Jet.AI's team has extensive experience with the aircraft sales process via positions at business jet manufacturers, large charter operators, and financial institutions.

Jet.AI Aviation Division (2/5): Jet Cards

01. Sell block time of flight hours up front.

02. Recognize revenue as hours are flown.

03. Jet cards available for 30 aircraft (4 Jet.AI) – HondaJet to G550.

With a wide variety of available aircraft, and interchange capability, Jet.AI can match the right asset to the right mission.

Jet.AI Aviation Division (3/5): On-Fleet Charter

01. Rent Jet.AI aircraft by the hour.

02. Collect payment pre-flight.

03. Provide charter revenue rebate to aircraft owner.

The Jet.AI fleet, composed of fuel-efficient light jets, is a popular and cost - effective solution for regional ad-hoc charter missions.

Jet.AI Aviation Division (4/5): Onboard Program

01. Bring aircraft to manage and charter.

02. One month for FAA Part 135 conformity.

03. Jet.AI sells charter and jet cards on aircraft.

Alongside their operating partner, Jet.AI provides a white glove solution to current aircraft owners.

Jet.AI Aviation Division (5/5): Buyer's Broker

01. Agency broker for jet buyers.

02. Source, inspect and negotiate.

03. Introduce financing, run legal and close.

The company's aircraft transaction experience coupled with their industry relationships provides for a hands-off and hassle-free acquisition process for their customers.

Grab Sources And The Complete Jet.AI Presentation Here.

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As mentioned above, JTAI has multiple potential catalysts to check in on. Here they are:

No. 1 JTAI Potential Catalyst - Volatility Watch Is In Effect As A Low Float Could Create A Volatile Scenario.

According to info from the Yahoo Finance website, JTAI has a relatively low float.

In fact, the website reports this profile to have approximately 15.33Mn shares in its float.

Why is that important? It's important on one crucial level. Volatility.

Could more positive company news in the tail half of 2024 provide a near term spark?

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No. 2 JTAI Potential Catalyst - Jet.AI Announces "Significant Advancements" To Key AI-Driven Software Offerings.

Jet.AI Set to Push the Boundaries of Aviation Technology with Enhanced AI Capabilities

Las Vegas, NV, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, today announced significant advancements in its AI-driven software offerings — CharterGPT and Reroute AI. The new features are in their final QA cycles before release, set to debut at the 2024 NBAA Business Aviation Convention & Exhibition, with rollouts planned from now through November 2024.

CharterGPT: Ushering in the Era of Human-Like Interaction

Jet.AI's CharterGPT is breaking new ground by integrating voice capabilities and enhanced comprehension. The product's AI agent is expected to be capable of listening, understanding, and carrying out booking requests with remarkable accuracy and efficiency. This innovation is expected to accelerate operator response times, a traditional bottleneck in the bespoke process of chartering a plane or an empty leg.

Reroute AI: Trip Request Finding, Matching, and Booking

Reroute AI continually scans the inventory of empty legs in the US to find reroute candidates to match with a consumer trip request. Like CharterGPT, Reroute AI is expected to autonomously connect with aircraft operators; that marks a significant advancement in travel tech.

"Our vision is to make machine interaction as useful as possible before eventual and critical human interaction," said Jet.AI Founder and Executive Chairman Mike Winston. "In a fascinating demo, I found myself conversing with an AI version of myself, using a near-perfect replica of my own voice and capable of booking requests. The experience offered a glimpse of a future where interacting with a well-informed AI feels more advantageous than speaking with a person. Our AI is expected to carry out tasks traditionally delegated to humans to generate revenue, particularly on the back end. This technology is an extension of ourselves."

...

Read the full article here.

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No. 3 JTAI Potential Catalyst - A Recent Company Update Points To Jet.AI Disrupting On Multiple Fronts.

Jet.AI Provides Encouraging Updates Around its Software Solutions

LAS VEGAS, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced updates around its proprietary technology stack, CharterGPT, DynoFlight, and Reroute AI.

Management Commentary

"We're racing to get AI to take over revenue-generating tasks typically handled by agents and building out robust products. Demand seen and progress made across all three of our software solutions have been encouraging, and we are moving closer towards our goal of an intertwined ecosystem," said Jet.AI Founder and Executive Chairman Mike Winston. "CharterGPT will soon integrate DynoFlight's sustainability tools, allowing customers to offset carbon emissions during the booking process. Reroute AI will work in the background, automatically searching for empty legs that align with CharterGPT requests, providing cost-effective travel options. Together, these innovations provide a smarter, greener, and more efficient aviation solution, and we look forward to continuing to make progress and delivering shareholder value."

General Product Growth Metrics

  • CharterGPT: Grew user base from 6,038 to 33,088 in less than a year; processed $5.5Mn in RFQs in August 2024; had 1,852 MAUs, with 4,318 User API actions, in August 2024.
  • DynoFlight V2: Achieved 10x speed improvements, expanded carbon credit projects by 100x and added FL3XX integration in Q2 2024.
  • Reroute AI: Parsed 18,796 flight requests and 13,909 empty legs, and matched 2,029 trip needs, all in the past 45 days.

CharterGPT V2

With exceptional growth and demand seen across Jet.AI's flagship AI solution, CharterGPT, the Company is now preparing to launch "CharterGPT Version 2" in Q4 2024. This newest model will include a host of new features including enhanced voice interaction capabilities and 1:1 parity between AI, API, and GUI options, creating a more intuitive and seamless experience for users.

FL3XX Integration with DynoFlight V2

Launched in Q2 2024, DynoFlight V2 integrates AI across its platform to provide users with real-time predictions, tips, ROI tools, and AI-powered assistants such as NBAA AI. Now integrated with FL3XX, a web- and app-based aviation management platform, DynoFlight allows users to participate in carbon credit projects, reinforcing the Company's commitment to sustainability.

Reroute AI + Matcher

Reroute AI has parsed 18,796 flight requests in the past 45 days and matched them to 2,029 empty legs. Reroute AI improves operational efficiency by synchronizing data for a smoother experience and will soon integrate with CharterGPT to allow its users to automatically find affordable flights by leveraging empty leg inventories.

Read the full article here.

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No. 4 JTAI Potential Catalyst - Another Milestone Event As Jet.AI Invites Beta Testers To Check Out JetLeg.AI App.

Jet.AI Opens New JetLeg.AI app to Beta Testers

LAS VEGAS, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, invites users to beta test the web version of JetLeg.AI, designed as an iOS/Android app that redirects previously wasted empty private flights into new lo-wer co-st charters. ...

AI Founder and Executive Chairman Mike Winston commented: "Both consumer and operator are better off for using JetLeg.AI. The consumer saves money, and the jet operator gets a completely new source of pro-fit-able revenue. The jet operator does not access JetLeg.AI directly but rather sees requests from JetLeg.AI through the operator's participation in the underlying Reroute AI network, also offered by Jet.AI. The app learns from user actions, continuously improving the recommendations for an even more tailored experience. This new product is consistent with our goal to make the products play off of one another."

...

Read the full article here.

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No. 5 JTAI Potential Catalyst - Oversold Leaning Technicals May Suggest A Potential Healthy Reversal Could Be Nearing For JTAI.

At 4:30PM EST Wednesday, Barchart was reporting multiple oversold leaning technical indicators for JTAI.

These technicals could be signaling a healthy reversal is approaching in the near term.

Here's the definition of a "reversal" from Investopedia:

"A reversal is a change in the price direction of an asset. A reversal can occur to the upside or downside. Following an uptrend, a reversal would be to the downside. Following a downtrend, a reversal would be to the upside. Reversals are based on overall price direction and are not typically based on one or two periods/bars on a chart."

Here's the technicals to pay close attention to (as of 4:30PM EST Wednesday):

  • 9-Day Relative Strength Index: 31.03%
  • 14-Day Relative Strength Index: 33.32%

When these numbers drop down to the 30% range and lower, they can be viewed as being in oversold territory. While in this territory, they can paint the picture of a profile that is undervalued.

  • 14-Day Raw Stochastic: 1.14%
  • 14-Day Williams %R: 98.86%

As the Raw Stochastic nears the 10% range and lower and the Williams %R nears the 90% range or higher, these technical indicators may also be viewed as oversold and undervalued.

Keep an eye on these technicals closely.

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(Nasdaq: JTAI) Recap - 4 Key Potential Breakout Catalysts

No. 1 - Volatility Watch Is In Effect As A Low Float Could Create A Volatile Scenario.

No. 2 - Jet.AI Announces "Significant Advancements" To Key AI-Driven Software Offerings.

No. 3 - A Recent Company Update Points To Jet.AI Disrupting On Multiple Fronts.

No. 4 - Another Milestone Event As Jet.AI Invites Beta Testers To Check Out JetLeg.AI App.

No. 5 - Oversold Leaning Technicals May Suggest A Potential Healthy Reversal Could Be Nearing For JTAI.

-----

Coverage is officially reinitiated on Jet.AI Inc. (Nasdaq: JTAI). Consider this breakout idea for your radar.

Sincerely,

Kai Parker

StockWireNews


(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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