• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Global Impact: Purdue University Airport a gateway to aviation innovation

    5/14/24 2:06:51 PM ET
    $SRFM
    Transportation Services
    Consumer Discretionary
    Get the next $SRFM alert in real time by email

    WEST LAFAYETTE, IN, May 14, 2024 (GLOBE NEWSWIRE) -- Purdue University Airport (LAF) enters a new era on May 15th as it launches the first commercial air service since 2004, offering 4 weekly round-trip flights from West Lafayette to Chicago O'Hare (ORD). In addition, construction will soon begin on the new, $11.8 million, approximately 9,400-square-foot Amelia Earhart Terminal.  

    But LAF's proximity to Purdue University means it's uniquely situated to address critical needs throughout the aviation industry. Beyond commercial air service, the airport is also a living lab, full of opportunities for Indiana's second-busiest airport to supercharge the spheres of aviation, logistics and connectivity. The breadth of LAF's capabilities is a testament to the power of collaboration between academia, industry and government in achieving a common goal. 

    Commercial air service returns to Indiana's second-busiest airport 

    Purdue and Surf Air Mobility Inc. (NYSE:SRFM) agreed last December to begin scheduled commuter air service between LAF and ORD. Plans for a new terminal to open in August 2025 to better serve the community coincide with the return of commercial air service.  

    Named for Amelia Earhart, who served as a counselor on careers for women at Purdue University and enjoyed access to the only airport at a U.S. university at the time, the terminal will include ticketing, passenger screening, baggage claims and a waiting area to comply with Transportation Security Administration and Federal Aviation Administration requirements.  

    "Commercial air service is part of the ‘Purdue Flies' initiative which expands the Discovery Park District at Purdue, serves the Greater Lafayette community, and further accelerates economic growth in the area," says Adam Baxmeyer, director of airport operations at Purdue University Airport. "The initiative honors Purdue University's aviation heritage by furthering the education, research, and innovation needed for the future of modern air mobility."

    The lab to life model: where innovation and research take off 

    Whether working with Southern Airways Express to re-establish scheduled regional air service or major industry partners like Ericsson and Saab to build a 5G network research site, connecting with world-changing startups like Aerovy and Pierce Aerospace, or developing an advanced air mobility (AAM) accelerator, LAF is harnessing the power of innovation to create a robust ecosystem for aviation innovation — and enjoying tremendous growth because of it.  

    "LAF offers a unique opportunity to advance aviation and mobility innovation and education," says Troy Hege, vice president of innovation and technology for Purdue Research Foundation, which manages the Lab to Life platform at LAF. "The airport showcases an exceptional asset that is unlike anything else that exists today. Our aim is to leverage it alongside students, faculty, and industry to be a key driver of aviation and mobility innovation and education." 

    LAF is looking to solve some of the greatest challenges in the aviation industry for airports of all sizes and has embraced this unique selling point to serve as a neutral, in-the-wild space for the exploration and development of groundbreaking technology, i.e. — "the space between" — helping to bridge the gap between innovation and full-scale commercial application.  

    The airport is actively collaborating with industry partners and startups to tackle the aviation industry's greatest challenges and drive progress. 

    Solving for the future of freight and logistics 

    One industry hurtling towards the future at breakneck speed is freight and logistics. Smart Crossroads is Indiana's answer to the problem, a pivotal ecosystem strategically connecting Purdue's extensive resources — such as the Lab to Life platform and academic research within the airport — with leading industry partners. The collaborative process means the logistics industry titan Wabash joins Purdue University and other transportation fleets, 3PLs (third-party logistics), retail shippers, suppliers and pioneers in telematics, autonomous vehicles and more to ponder these far-reaching challenges. 

    The group is in the preliminary stages of bringing a large, complex ecosystem into information-gathering workshops. LAF hopes to serve as a critical testing ground for the aviation side of freight and logistics by supporting key industry partners. For example, Saab has installed two of its proprietary logistics platforms: Aerobahn™, an operations platform for coordinating ground operations; SAFE, an integrated incident management and emergency response support tool; and air traffic surveillance in the form of ADS-B sensors and PTZ cameras.  

    With short flights to major business hubs, access to world-class research and tech, and major aviation industry buy-in, LAF stands to be an asset and proving ground for future Smart Crossroad efforts. The airport's support of the aviation industry in all ways also serves a larger community purpose. 

    Beyond infrastructure: the outsized benefits of local airports 

    By linking people and businesses to a broader market, LAF aims to enhance the community and stimulate economic development. A U.S. Department of Commerce study found that every $1 spent at local airports adds another $2.53 to the local economy, a phenomenon known as the multiplier effect. This multiplier effect leads to increased investments in local quality of life and further boosts the economy. 

    "As home to one of the top aviation technology and aerospace engineering programs in the country, we look forward to exploring innovation, educational and career opportunities for our students. ‘Purdue Flies' delivers on our strategy to serve the state and country, further accelerating job creation and prosperity in Greater Lafayette. And the opportunity to honor Amelia Earhart makes it even more special," said Purdue President Mung Chiang. 

    LAF's strategic location adjacent to the district, a 400-acre launch pad and incubator for business and technology, further amplifies the benefits of growth and innovation. Companies such as Saab, Rolls-Royce and Caterpillar have already established a presence in the district, positioning themselves to take advantage of increased connectivity and the opportunities it brings. 

    Setting the stage for aviation advancement 

    As LAF takes flight with the launch of commercial air service and the construction of the Amelia Earhart Terminal, it solidifies its position as a hub for aviation innovation, education and economic growth.  

    LAF's affiliation with Purdue University means it's uniquely situated to solve critical problems throughout the aviation industry and its dedication to fostering collaboration and embracing groundbreaking technology sets it apart, making it a key driver of progress in the aviation industry. 

     

    About Purdue Research Foundation

    Purdue Research Foundation is a private, nonprofit foundation created to advance the mission of Purdue University. Established in 1930, the foundation accepts gifts; administers trusts; funds scholarships and grants; acquires and sells property; protects and licenses Purdue's intellectual property; and supports creating Purdue-connected startups on behalf of Purdue. The foundation operates Purdue Innovates which includes the Office of Technology Commercialization, Incubator and Ventures. The foundation manages the Purdue Research Park, Discovery Park District, Purdue Technology Centers and Purdue for Life Foundation. 

    For more information on licensing a Purdue innovation, contact the Office of Technology Commercialization at [email protected]. For more information about involvement and investment opportunities in startups based on a Purdue innovation, contact Purdue Innovates at [email protected]. 

     

    Media Contact:

    Polly Barks, [email protected]

    Attachments

    • Global Impact: Purdue University Airport a gateway to aviation innovation
    • Global Impact: Purdue University Airport a gateway to aviation innovation


    Polly Barks
    Purdue Research Foundation
    [email protected]
    
    Get the next $SRFM alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $SRFM

    DatePrice TargetRatingAnalyst
    4/2/2025$3.25Hold → Buy
    Canaccord Genuity
    5/15/2024$2.50 → $1.00Buy → Hold
    Canaccord Genuity
    9/8/2023$4.00Overweight
    Piper Sandler
    8/28/2023$3.00Buy
    Canaccord Genuity
    8/22/2023Outperform
    Bernstein
    More analyst ratings

    $SRFM
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Large owner Palantir Technologies Inc. bought $2,153,953 worth of shares (1,040,557 units at $2.07), increasing direct ownership by 30% to 4,461,564 units (SEC Form 4)

      4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)

      6/23/25 9:19:01 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Large owner Palantir Technologies Inc. bought $946,763 worth of shares (244,011 units at $3.88), increasing direct ownership by 8% to 3,421,007 units (SEC Form 4)

      4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)

      3/27/25 8:02:04 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Director Albert Carl A bought $50,315 worth of shares (14,500 units at $3.47) (SEC Form 4)

      4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)

      12/26/24 7:42:05 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary

    $SRFM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Surf Air Mobility upgraded by Canaccord Genuity with a new price target

      Canaccord Genuity upgraded Surf Air Mobility from Hold to Buy and set a new price target of $3.25

      4/2/25 8:45:48 AM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Surf Air Mobility downgraded by Canaccord Genuity with a new price target

      Canaccord Genuity downgraded Surf Air Mobility from Buy to Hold and set a new price target of $1.00 from $2.50 previously

      5/15/24 7:41:52 AM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Piper Sandler initiated coverage on Surf Air Mobility with a new price target

      Piper Sandler initiated coverage of Surf Air Mobility with a rating of Overweight and set a new price target of $4.00

      9/8/23 7:27:56 AM ET
      $SRFM
      Transportation Services
      Consumer Discretionary

    $SRFM
    SEC Filings

    See more
    • SEC Form SCHEDULE 13G filed by Surf Air Mobility Inc.

      SCHEDULE 13G - SURF AIR MOBILITY INC. (0001936224) (Subject)

      7/1/25 10:09:31 AM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Surf Air Mobility Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - SURF AIR MOBILITY INC. (0001936224) (Filer)

      6/27/25 5:15:27 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Surf Air Mobility Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

      8-K - SURF AIR MOBILITY INC. (0001936224) (Filer)

      6/26/25 4:20:28 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary

    $SRFM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Mady Edward A. was granted 96,581 shares, increasing direct ownership by 361% to 123,314 units (SEC Form 4)

      4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)

      6/27/25 6:35:07 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Director Painter Tyler was granted 96,581 shares, increasing direct ownership by 645% to 111,547 units (SEC Form 4)

      4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)

      6/27/25 6:30:15 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Director Hack Bruce L. was granted 96,581 shares, increasing direct ownership by 645% to 111,547 units (SEC Form 4)

      4 - SURF AIR MOBILITY INC. (0001936224) (Issuer)

      6/27/25 6:30:14 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary

    $SRFM
    Financials

    Live finance-specific insights

    See more
    • Surf Air Mobility to Announce First Quarter 2025 Financial Results on May 13, 2025

      Surf Air Mobility Inc. (NYSE:SRFM) ("Surf Air Mobility"), a leading regional air mobility platform, today announced that it will release its first quarter 2025 financial results after market close on Tuesday, May 13, 2025, and will host a webcast at 5:00 pm ET the same day. Interested parties can register in advance to listen to the webcast here or can find a link on the ‘Events & Presentations' section of our investor relations website. Alternatively, listeners may dial into the call as follows: North America - Toll-Free (800) 715-9871 International (Toll) - (646) 307-1963 Conference ID: 4775356 About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility plat

      5/2/25 9:00:00 AM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Surf Air Mobility Reports Fourth Quarter and Full Year 2024 Financial Results

      Fourth Quarter Revenue of $28.05 Million Rose 5% Compared with Revenue of $26.8 Million in the Prior Year, Exceeding Expectations of $25 - $28 Million Fourth Quarter Adjusted EBITDA Loss of $6.9 Million Improved by $11.5 Million, or 63%, Versus the Prior Year, Within the Guidance Range of $5 - $8 Million Full Year Revenue of $119.4 Million Rose 6% Compared with Pro Forma Revenue of $112.9 Million in the Prior Year Full Year Adjusted EBITDA Loss of $44.1 Million Improved by $6.8 Million, or 13%, Versus the Prior Year on a Pro-Forma Basis Company Launched SurfOS with Six Beta Users Surf Air Mobility Inc. (NYSE:SRFM) (the "Company"), a leading regional air mobility platform, today reporte

      3/18/25 4:05:00 PM ET
      $PLTR
      $SRFM
      Computer Software: Prepackaged Software
      Technology
      Transportation Services
      Consumer Discretionary
    • Surf Air Mobility to Announce Fourth Quarter and Year End 2024 Financial Results on March 18, 2025

      Surf Air Mobility Inc. (NYSE:SRFM) ("the Company"), a leading regional air mobility platform, today announced that it will release its fourth quarter and year end 2024 financial results after market close on Tuesday, March 18, 2025, and will host a webcast at 5:00 pm ET the same day. Interested parties can register in advance to listen to the webcast here or can find a link on the ‘Events & Presentations' section of our investor relations website. Alternatively, listeners may dial into the call as follows: North America - Toll-Free (800) 715-9871 International (Toll) - (646) 307-1963 Conference ID: 4775356 About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mob

      3/6/25 4:05:00 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary

    $SRFM
    Leadership Updates

    Live Leadership Updates

    See more
    • Surf Air Mobility Strengthens Aviation Leadership Team with Key Executive Appointments

      Surf Air Mobility Inc. (NYSE:SRFM) ("the Company" or "Surf Air Mobility"), a leading regional air mobility platform, today announced the appointment of two new key positions to the Company's air mobility team. Bob Waltz has joined Surf Air Mobility as the Vice President of Flight Operations, effective March 1, 2025. Linda MacAskill has joined Surf Air Mobility as the Director of System Operations Center, effective December 1, 2024. Both Captain Waltz and Mrs. MacAskill will be located at Surf Air Mobility's new air operations center ("AOC") in Addison, TX, a suburb of Dallas, where the Company is actively hiring, including positions in Maintenance, Safety & Regulatory Compliance, Finance

      3/3/25 6:30:00 AM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Surf Air Mobility Appoints David Anderman to Board of Directors

      Mr. Anderman previously served as General Counsel of SpaceX and COO/General Counsel of Lucasfilm Ltd. Surf Air Mobility Inc. (NYSE:SRFM) ("the Company","Surf Air"), a leading regional air mobility platform, announced the appointment of David Anderman to the Company's board of directors effective December 17, 2024. Mr. Anderman served as Chief Legal Officer of Surf Air from June 2023 to May 2024. Mr. Anderman currently serves as the Co-Founder and General Partner of Stellar Ventures, a venture fund investing in the next generation of space entrepreneurs. Mr. Anderman was General Counsel of SpaceX from June 2019 to December 2020, during which time he supported the launch of satellite inte

      12/19/24 4:15:00 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Louis Saint-Cyr to Become President of Hawai'i Operations for Surf Air Mobility

      Saint-Cyr will oversee air operations for Mokulele Airlines, the Hawai'i-based subsidiary of Surf Air Mobility Surf Air Mobility Inc. (NYSE:SRFM) ("Surf Air Mobility","Surf Air","the company"), a leading regional air mobility platform, announced today the appointment of Louis Saint-Cyr, an experienced senior leader in airline operations, to the position of President of Hawai'i Operations. As President of Hawaii Operations, Mr. Saint-Cyr will oversee the entirety of Surf Air Mobility's travel brand, Mokulele Airlines ("Mokulele"), including the air operations, safety and compliance, airport management, guest experience, state and local government relations, and community engagement. Mr

      7/2/24 8:30:00 AM ET
      $SRFM
      Transportation Services
      Consumer Discretionary

    $SRFM
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Surf Air Mobility to Present at the Emerging Growth Conference

      Surf Air Mobility Inc. (NYSE:SRFM), a leading regional air mobility platform, today announced that CEO and COO, Deanna White, and CFO, Oliver Reeves, will present at the Emerging Growth Conference on Thursday, July 17, 2025, at 11:30 AM ET. Participants can register to view the conference here. About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures. It is also the largest U.S. passenger operator of Cessna Caravans. In addition to its airline operations and On Demand charter services, Surf Air Mobility is developing an AI-powered software platform for the Regional Air M

      7/10/25 6:30:00 AM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Surf Air Mobility Announces Closing of $27 Million Registered Direct Offering of Common Stock

      Surf Air Mobility Inc. (NYSE:SRFM) (the "Company"), a leading regional air mobility platform, announced today the closing of its previously announced registered direct offering for the purchase and sale of 10,800,002 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.50 per share (or pre-funded warrant in lieu thereof). H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The gross proceeds to the Company from the offering were approximately $27 million, before deducting the placement agent's fees and other offering expenses payable by the Company. The Company currently intends to use the net proceeds from the offering to

      6/26/25 4:05:00 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Surf Air Mobility Announces $27 Million Registered Direct Offering of Common Stock

      Surf Air Mobility Inc. (NYSE:SRFM) (the "Company"), a leading regional air mobility platform, announced today that it has entered into definitive agreements for the purchase and sale of 10,800,002 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.50 per share (or pre-funded warrant in lieu thereof) in a registered direct offering. The offering is expected to close on or about June 26, 2025, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The gross proceeds to the Company from the offering are expected to be approximately $27 million, before deducting th

      6/25/25 2:26:00 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary

    $SRFM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Surf Air Mobility Inc.

      SC 13G/A - SURF AIR MOBILITY INC. (0001936224) (Subject)

      10/4/24 5:00:32 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • SEC Form SC 13G filed by Surf Air Mobility Inc.

      SC 13G - SURF AIR MOBILITY INC. (0001936224) (Subject)

      9/11/24 5:09:09 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Surf Air Mobility Inc.

      SC 13G/A - SURF AIR MOBILITY INC. (0001936224) (Subject)

      7/3/24 4:37:14 PM ET
      $SRFM
      Transportation Services
      Consumer Discretionary