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Surf Air Secures $50 Million Financing to Fund Transformation Plan

Nov 18, 2024over 1 year ago

Contract Type

partnership

HawthorneTravel

Description

Surf Air has secured approximately $50 million in financing to support its company transformation plan, aiming to achieve sustained profitability in the air mobility industry.

Company Information

Company

Surf Air Mobility

Location

Hawthorne, California, United States

About

Surf Air is a Los Angeles-based electric aviation and air travel company expanding the category of regional air travel and reinventing flying through the power of electrification. Surf Air intends to develop powertrain technology with its commercial partners to electrify existing fleets, bringing electrified aircraft to market at scale in an effort to substantially reduce the cost and environmental impact of flying. The management team has deep experience and expertise across aviation, electrification, and consumer technology.

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