Read the Filing

•QS in the morning | Investing by night
•Fillings over charts
$AVGO | $SRFM

[Read the Filing @ReadtheFiling]

$SRFM third OperatorOS customer in under two weeks. Air Fuga signs on after Sprintbach and SkyDance, and Barrett Brown (ex-Head of Asia at Palantir) starts as President of SurfOS today.

Palantir also takes another 4.6M shares for continued software and engineering access. Dilution, yes, but I'd rather a partner that takes stock over cash.

3 of 5 done. Two to go 👀

https://t.co/UFDmaFVchI

[Read the Filing @ReadtheFiling]

Miami 🌴 was mentioned

You know what that means $SRFM

Big things are happening

[Secretary Sean Duffy @SecDuffy]

It will take 300 years to replace America’s air traffic control towers with the amount of money Congress gave us in the Working Families Tax Cuts

That is UNACCEPTABLE ‼️

We need new money to make critical changes to our aviation infrastructure to keep up with the changing traveling needs of Americans now 🇺🇸

[GUL @gulVasikova]

$SRFM — Surf Air just plugged itself into the FAA’s airspace modernization effort.

Surf Air Mobility signed an agreement with the FAA to participate in the SMART Innovation Lab, part of the FAA’s broader effort to modernize air-traffic-management automation.

This is more than a partnership headline.

Surf Air will provide:

→ Real airline operational data
→ Network-planning expertise
→ Dispatch & flight-operations personnel
→ Flight-performance engineering input
→ Feedback on FAA scheduling and trajectory tools

And here’s the interesting part:

SurfOS is powered by $PLTR technology.

Surf Air is bringing the AI/data infrastructure it has developed through SurfOS into an FAA program focused on solving exactly the type of problems SurfOS is designed around:

scheduling → routing → airspace → operations → real-time decision-making.

The FAA’s SMART program has two major pieces:

SMART Schedules
Predicts conflicts using schedules, weather, airport capacity and airspace conditions before flights happen.

SMART Trajectories
Helps airlines and air traffic control coordinate flights from pre-departure through arrival.

That gives $SRFM something valuable:

Real-world aviation data + operational expertise + AI software + FAA exposure.

And it fits the larger Surf Air strategy:

Scheduled airline operations
↓
SurfOS aviation software
↓
Surf On Demand
↓
Advanced air mobility / electric aviation

The important thing to understand:

This agreement doesn’t mean the FAA is buying SurfOS or that Surf Air has secured a major government contract.

But it does give Surf Air an opportunity to demonstrate its technology and expertise inside a real FAA modernization program.

For $SRFM, the thesis is increasingly becoming:

Can SurfOS evolve from an internal aviation technology platform into a scalable software business for the broader Part 135/private aviation market?

The FAA participation adds another layer of credibility.

Now watch for:

FAA adoption → additional operators → SurfOS revenue → recurring software revenue → margins → path to profitability.

[Read the Filing @ReadtheFiling]

@James_TapeRank Something is being priced in $1.14 now. Something is happening wow. Speechless

[Read the Filing @ReadtheFiling]

Well, well, well. $SRFM $0.50 to $1.09. More than doubled off the lows.

Watching it fall was painful. But the story never left, and this week it showed up.

• Q2 revenue $29.5M, high end of guidance
• Q3 guided $35.5-37.5 , EBITDA loss narrowing to $4-7 (Q1 was $12.3M)
• Wheels Up on BrokerOS, $8M over two years
• Sprintbach and now SkyDance on OperatorOS. Two of five operators signed
• Barrett Brown, over a decade at Palantir, running SurfOS from 30 September

The software is commercialising.

Still keeping an eye on:

• GEM. $72.5M still available at 30 June, and it loves a green day
• Going concern. Not lifted yet
• NYSE compliance. Needs a 30-day average above $1 at a month-end before January. Reverse split approved as the backup

Proud, happy, and grateful to everyone who's held through the ugly bits.

Slow burn story, getting interesting af.

Watching for three, four and five 📈

NFA

[Read the Filing @ReadtheFiling]

@Stocktology_ Agreed. Three more needed to hit five by year end, so plenty of room.

The key is they show up as revenue in the Q3 and Q4 numbers, not just headlines. GEM likes a good news day too.

[Read the Filing @ReadtheFiling]

Worked well for now

Still loads to do and risks to mitigate.

But with the latest announcements I’m ready for the ride.

[Read the Filing @ReadtheFiling]

$SRFM at $0.73, near the lows.

They are building AI software on top of an already working airline.

Potential $156B market.

Going concern and dilution are real. Share count from 78M to 123M, more potentially.

Either this works out very well or teaches an expensive lesson

[Read the Filing @ReadtheFiling]

Loaded up $AVGO

[Read the Filing @ReadtheFiling]

$AVGO at $362 a 12.8% drop this week

Broadcom’s share of Google’s TPU revenue drops 95% → 65% by 2028.

But Google TPU shipments go 4.3m units → 35m+ over the same window.

That’s 4.1m units becoming 22.8m.

Losing share in a market growing 8x is not the same as losing.

NFA

[Read the Filing @ReadtheFiling]

$SRFM at $0.73, near the lows.

They are building AI software on top of an already working airline.

Potential $156B market.

Going concern and dilution are real. Share count from 78M to 123M, more potentially.

Either this works out very well or teaches an expensive lesson

[Brandon Vidrine @brandonpvidrine]

@SurfAir $SRFM

Since they apparently have no interest in explaining their own story consistently, I’m happy to help... 😂

Put together a simple map of how SRFM actually fits together - airline ops, Surf On Demand, SurfOS as the umbrella, and the products underneath it.

Honestly, this is the kind of basic investor education the company should be posting itself. Hope this helps anyone trying to understand just how big the opportunities are!

Disclaimer: This is my own summary based on public company disclosures and earnings commentary. I may have missed or oversimplified something, so please verify independently and feel free to correct anything that’s off.

[Read the Filing @ReadtheFiling]

The market is pricing this like failure is already inevitable. But if Surf On Demand + SurfOS keep scaling, this could be a very different business with strong growth and improving margins.

High growth. Better mix. Lower debt. Still a demanding H2.

That’s the setup.

[Read the Filing @ReadtheFiling]

$SRFM Performance Overview:

Revenue beat expectations by 4.53%, reaching $29.51M (+8% YoY).

EPS, however, came in at -$0.29 vs. -$0.17 expected, a 70.59% miss.

Strong top-line growth, but profitability remains the key concern.

#SRFM #AirMobility #Aviation #Stocks

[Read the Filing @ReadtheFiling]

$SRFM Revenue hit $29.5M, up 15% sequentially, while Surf On Demand grew 101% YoY to $12.1M - now 41% of revenue and the highest-margin part of the business.

[Read the Filing @ReadtheFiling]

@Ryan51396460 @YodaStockInvest Why

[Read the Filing @ReadtheFiling]

@Inconvenie46043 Let’s see how it goes🫠

[Read the Filing @ReadtheFiling]

@lund19729 How deep are u🤣

[Surf Air @SurfAir]

Surf Air Mobility and BETA Technologies have announced a strategic partnership intended to accelerate the introduction of safe, reliable, and profitable advanced air mobility solutions with the goal of leading the commercial rollout of electric aviation.

Surf Air Mobility will combine its operating expertise, existing passenger demand, and established airport infrastructure with BETA’s market-leading electric aircraft and charging infrastructure to launch the first commercial electric passenger service in Hawaii.

$SRFM

[Surf Air @SurfAir]

Surf Air Mobility and BETA Technologies Announce Strategic Partnership to Launch First Commercial Passenger Electric Aircraft Service and 
Sign Aircraft Purchase Agreement $SRFM

Read more: https://t.co/hB1nkm3tZe