Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Ticker: JTAI
Market Cap: ~$18 million
Sector: SaaS / AI in Aviation
Exchange: NASDAQ
Summary
Jet.AI is an early-stage aviation technology company providing SaaS platforms and charter services aimed at enterprise-level jet operators. The firm has developed Reroute.ai and CharterGPT (AI-based SaaS for aviation logistics) and is developing Jet.AI Operator (a revenue management and quoting platform). With tiny float, limited analyst coverage, and high insider ownership, Jet.AI is providing a unique opportunity for public-market visibility into the aviation AI space.
The stock shares characteristics with early-stage venture investments in AI infrastructure — but with the benefit (or risk) of daily public market repricing.
Key Features
- One of the few AI-native aviation SaaS firms with a commercial product
- High insider ownership (~58%) limits float (~2.2M shares)
- Trading below cash; Q1 cash position: ~$3.8M, market cap ~$18M (fintel.io)
- Strategic partnerships: Vista Global, Four Corners, Anthem, Cirrus
- CharterGPT aims to integrate AI-driven quoting + availability + routing tools
- FAA 135 charter certification supports in-house ops
Capital Structure
- Shares Outstanding: ~18M
- Public Float: ~2.2M
- Short Interest: ~15%
- Cash (Q1): ~$3.8M
- Enterprise Value: ~$14M
Valuation
No revenue guidance available, but AI SaaS valuation comps (Archer, Joby, Blade) trade at 10–80× forward EV/Sales multiples. Implied EV/Sales for JTAI is estimated at ~2.4× based on 2024E $5.8M sales.
This indicates deep discount relative to growth expectations — and an asymmetric reward profile if execution or partnerships gain traction.
Technical Setup
- 50-day SMA: ~$1.29
- Price: ~$1.35
- Volatility: Very high; trades 500K–1M volume/day
Small float and rising awareness may be subject to short-term price fluctuations.
Risks
- No consistent profitability or cash flow
- Liquidity risk due to thin float
- Execution dependent on AI product adoption
- Secondary offerings possible for capital infusion
Supportive Indicators
- Recent insider purchases by founder suggest high conviction from limited sources
- Options activity on the call side elevated in July and August expirations
- Social and niche fund tracking increased (e.g. Barchart, Stocktwits, Fintel)
Conclusion
Jet.AI represents a high-risk, high-reward profile in the public AI SaaS space, with an embedded aviation vertical and limited dilution to date. Trading below cash-adjusted valuation with unique intellectual property (CharterGPT, Reroute.ai), the stock offers a narrow but notable path to re-rating if AI tools gain adoption.
This represents a high-risk microcap with highly binary outcomes but unusually asymmetric public entry price.
Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. The author is not a registered investment advisor. All opinions are the author’s own. Readers are encouraged to do their own research and consult with a licensed financial professional before making investment decisions.
