Surf Air Mobility Stock Pops Premarket On $26M Boost For Palantir-Powered SurfOS Launch

• The $26 million funding will expand engineering, go-to-market capabilities, enterprise-grade solutions.
• The SurfOS suite comprises of BrokerOS, OperatorOS, and OwnerOS.
• The company will also launch new modules to increase its stake in the air mobility software market.

Shares of Surf Air Mobility Inc. (SRFM) gained 3.6% in premarket trading on Tuesday, after the company provided an update on Palantir-powered SurfOS, an AI-driven software platform for the private aviation and air mobility industries.

The company said that following a recent $100 million strategic transaction, it directed $26 million from new equity specifically to advance SurfOS development and commercialization. The funding will expand engineering, go-to-market capabilities, enterprise-grade solutions, and launch new modules to increase its stake in the air mobility software market.

The SurfOS suite, comprising BrokerOS, OperatorOS, and OwnerOS, integrates industry data into a unified platform, streamlining broker operations, optimizing aircraft and crew scheduling, and improving the operations of private aircraft companies.

“With Surf Air Technologies now funded, we are well positioned to begin the commercial launch of our category-defining SurfOS products. Backed by our partnership with Palantir, we are confident SurfOS will set a new standard for AI-enabled regional aviation software and will be part of the infrastructure needed for the industry’s transition into the next era of air mobility,” said Sudhin Shahani, Co-founder and Board member of Surf Air Mobility.

Surf Air Mobility reiterated that the commercial launch of SurfOS is expected in 2026.

Last month, Canaccord analyst George Gianarikas lowered the firm's price target on Surf Air Mobility to $3.50 from $3.75 and kept a 'Buy' rating on the shares, according to TheFly.  

How Did Stocktwits Users React?

Retail sentiment for SRFM on Stocktwits remained in the 'bullish' zone over the past 24 hours.

Year-to-date, the stock has declined over 63%.

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