STOCK TITAN

Creatd, Inc. to Acquire Flewber in $7.5 Million Deal, Positioning Creatd at the Forefront of the $28.5 Billion Regional Air Mobility Sector

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)

Creatd Inc. (OTC: CRTD) has announced the acquisition of Flewber Global Inc. in a $7.5 million deal, positioning itself in the $28.5 billion regional air mobility sector. Flewber offers on-demand air travel starting at $199, utilizing AI technology to optimize routes and streamline booking processes.

The acquisition is projected to contribute $3-4 million in annual revenue for fiscal year 2025, with expectations reaching $10 million in 2026. Flewber currently operates in the NYC metro area using Cirrus Vision Jets, with planned expansions to Florida, Las Vegas, and Dubai. The platform leverages over 5,000 underutilized regional airports in the U.S., offering an alternative to traditional transportation methods.

This strategic move is expected to accelerate Creatd's plans to uplist to a national exchange in 2025, while strengthening its position in a market projected to grow to $115 billion by 2035.

Creatd Inc. (OTC: CRTD) ha annunciato l'acquisizione di Flewber Global Inc. in un affare del valore di 7,5 milioni di dollari, posizionandosi nel settore della mobilità aerea regionale da 28,5 miliardi di dollari. Flewber offre viaggi aerei on-demand a partire da 199 dollari, utilizzando la tecnologia AI per ottimizzare i percorsi e semplificare i processi di prenotazione.

L'acquisizione dovrebbe contribuire con 3-4 milioni di dollari di entrate annuali per l'anno fiscale 2025, con previsioni che raggiungono i 10 milioni di dollari nel 2026. Flewber attualmente opera nell'area metropolitana di New York utilizzando Cirrus Vision Jets, con piani di espansione in Florida, Las Vegas e Dubai. La piattaforma sfrutta oltre 5.000 aeroporti regionali sottoutilizzati negli Stati Uniti, offrendo un'alternativa ai metodi di trasporto tradizionali.

Questa mossa strategica dovrebbe accelerare i piani di Creatd per passare a un mercato nazionale nel 2025, rafforzando al contempo la sua posizione in un mercato che si prevede cresca fino a 115 miliardi di dollari entro il 2035.

Creatd Inc. (OTC: CRTD) ha anunciado la adquisición de Flewber Global Inc. en un acuerdo de 7.5 millones de dólares, posicionándose en el sector de movilidad aérea regional de 28.5 mil millones de dólares. Flewber ofrece viajes aéreos a demanda a partir de 199 dólares, utilizando tecnología de IA para optimizar rutas y simplificar los procesos de reserva.

Se proyecta que la adquisición contribuya con 3-4 millones de dólares en ingresos anuales para el año fiscal 2025, con expectativas que alcanzan los 10 millones de dólares en 2026. Flewber actualmente opera en el área metropolitana de Nueva York utilizando Cirrus Vision Jets, con expansiones planeadas hacia Florida, Las Vegas y Dubái. La plataforma aprovecha más de 5,000 aeropuertos regionales subutilizados en los EE. UU., ofreciendo una alternativa a los métodos de transporte tradicionales.

Este movimiento estratégico se espera que acelere los planes de Creatd para cotizar en una bolsa nacional en 2025, mientras fortalece su posición en un mercado que se proyecta crecer a 115 mil millones de dólares para 2035.

Creatd Inc. (OTC: CRTD)Flewber Global Inc.를 750만 달러에 인수한다고 발표하며, 285억 달러의 지역 항공 모빌리티 분야에 진입하게 되었습니다. Flewber는 AI 기술을 활용하여 경로를 최적화하고 예약 프로세스를 간소화하여 199달러부터 시작하는 주문형 항공 여행을 제공합니다.

이번 인수는 2025 회계 연도에 연간 수익 300만에서 400만 달러에 기여할 것으로 예상되며, 2026년에는 1천만 달러에 이를 것으로 보입니다. Flewber는 현재 뉴욕 시 메트로 지역에서 Cirrus Vision Jets를 사용하여 운영 중이며, 플로리다, 라스베이거스, 두바이로 확장할 계획입니다. 이 플랫폼은 미국 내 5,000개 이상의 저활용 지역 공항을 활용하여 전통적인 교통수단에 대한 대안을 제공합니다.

이번 전략적 조치는 2025년에 국가 거래소로 상장하기 위한 Creatd의 계획을 가속화하고, 2035년까지 1,150억 달러로 성장할 것으로 예상되는 시장에서의 입지를 강화할 것으로 보입니다.

Creatd Inc. (OTC: CRTD) a annoncé l'acquisition de Flewber Global Inc. dans le cadre d'un accord de 7,5 millions de dollars, se positionnant dans le secteur de la mobilité aérienne régionale de 28,5 milliards de dollars. Flewber propose des voyages aériens à la demande à partir de 199 dollars, utilisant la technologie AI pour optimiser les itinéraires et simplifier les processus de réservation.

L'acquisition devrait contribuer à hauteur de 3 à 4 millions de dollars de revenus annuels pour l'exercice 2025, avec des prévisions atteignant 10 millions de dollars en 2026. Flewber opère actuellement dans la région métropolitaine de New York en utilisant des jets Cirrus Vision, avec des expansions prévues en Floride, à Las Vegas et à Dubaï. La plateforme tire parti de plus de 5 000 aéroports régionaux sous-utilisés aux États-Unis, offrant une alternative aux méthodes de transport traditionnelles.

Ce mouvement stratégique devrait accélérer les plans de Creatd pour une cotation sur une bourse nationale en 2025, tout en renforçant sa position sur un marché qui devrait atteindre 115 milliards de dollars d'ici 2035.

Creatd Inc. (OTC: CRTD) hat die Übernahme von Flewber Global Inc. in einem Deal über 7,5 Millionen Dollar bekannt gegeben und positioniert sich im regionalen Luftmobilitätssektor von 28,5 Milliarden Dollar. Flewber bietet On-Demand-Luftreisen ab 199 Dollar an und nutzt KI-Technologie, um Routen zu optimieren und Buchungsprozesse zu vereinfachen.

Die Übernahme wird voraussichtlich einen Jahresumsatz von 3-4 Millionen Dollar für das Geschäftsjahr 2025 beitragen, wobei die Erwartungen für 2026 10 Millionen Dollar erreichen sollen. Flewber operiert derzeit im New Yorker U-Bahn-Gebiet mit Cirrus Vision Jets und plant Erweiterungen nach Florida, Las Vegas und Dubai. Die Plattform nutzt mehr als 5.000 untergenutzte regionale Flughäfen in den USA und bietet eine Alternative zu traditionellen Verkehrsmethoden.

Dieser strategische Schritt soll die Pläne von Creatd zur Notierung an einer nationalen Börse im Jahr 2025 beschleunigen und gleichzeitig ihre Position in einem Markt stärken, der bis 2035 auf 115 Milliarden Dollar wachsen soll.

Positive
  • Acquisition adds $7.5 million in net equity to Creatd
  • Projected revenue contribution of $3-4 million in FY2025, increasing to $10 million in 2026
  • Entry into $28.5 billion regional air mobility market with immediate commercialization advantage
  • Strategic positioning for uplisting to national exchange in 2025
Negative
  • Significant capital investment required for expansion to new markets
  • Operating in highly competitive transportation sector with established alternatives
  • Current OTC listing status may limit institutional investment potential
  • Revolutionizing Short-Distance Air Travel: Flewber offers affordable, on-demand air travel, redefining how consumers and businesses approach short-distance travel.
  • AI-Powered, On-Demand Air Travel at $199: Flewber leverages cutting-edge AI to optimize routes, streamline booking, and provide seamless, affordable short-distance flights.
  • Expanding Market Opportunities: Creatd enters the $28.5 billion Regional Air Mobility sector, leveraging Flewber's first-mover advantage.
  • Boosting Financials: The acquisition adds $7.5 million in net equity and is projected to contribute $3–4 million in annual revenue for fiscal year 2025, with 2026 projections reaching $10 million as Flewber expands into new U.S. markets and global destinations.
  • Advancing Growth Strategy: This transaction accelerates Creatd's plans to uplist to a national exchange in 2025.
  • Scaling Operations Globally: Starting in NYC, Flewber plans to expand to Florida, Las Vegas, and Dubai, creating a global footprint.

NEW YORK, Jan. 22, 2025 /PRNewswire/ -- Creatd, Inc. (OTC: CRTD), a diversified holding company driving innovation and growth through strategic acquisitions, will acquire Flewber Global Inc., a leader in short-distance air travel. Valued at $7.5 million, this acquisition positions Flewber to transform the future of regional air mobility by bringing affordable, on-demand flights to consumers and businesses.

Making the Future of Air Travel a Reality Today

Flewber's innovative platform unlocks the potential of over 5,000 underutilized regional airports in the U.S. alone, offering an alternative to driving, rideshares, and trains. With flights starting at just $199, Flewber's services connect travelers across key regional routes, including NYC to the Hamptons, Hartford to MetLife Stadium, and White Plains to Mohegan Sun.

Flewber's fleet utilizes the Cirrus Vision Jet, an eco-friendly aircraft equipped with advanced safety features, including auto-landing capabilities in emergencies and a built-in parachute for the entire plane. These features ensure a safe and sustainable travel experience while revolutionizing short-distance air mobility.

"Flewber isn't just about reimagining air travel—it's about making it accessible and practical today," said Marc Sellouk, CEO of Flewber. "We're turning the concept of urban air mobility into a reality by leveraging existing infrastructure and cutting-edge technology to save people time and money."

Flewber's current operations in the NYC metro area will soon expand to Florida, connecting cities like Boca Raton and Fort Lauderdale. The company also plans to launch in Las Vegas and Dubai, bringing its revolutionary air mobility model to a global audience.

A Game-Changer for Businesses and Consumers

With the regional air mobility market projected to grow to $115 billion by 2035, Flewber's acquisition strengthens Creatd's position in this high-growth sector. The deal enhances Creatd's financials and aligns with its strategy to build a portfolio of transformative companies that redefine their industries.

"This acquisition is a perfect fit for Creatd's vision of building a portfolio of transformative companies," said Jeremy Frommer, CEO of Creatd. "While companies in the regional mobility space like Joby and Archer already have fancy multi-billion valuations, they are nonetheless years away from commercializing their technology. Flewber is already flying and is becoming a leader in the regional air mobility space. By integrating Flewber's services with Creatd's expertise in media, marketing, and technology, we're setting the stage for unprecedented growth and opportunities in the years ahead."

About Creatd, Inc.

Creatd, Inc. (OTC: CRTD) is a diversified holding company focused on strategic acquisitions of high-growth companies. Creatd integrates innovative business models to drive long-term value and accelerate growth. The company aims to increase shareholder value by identifying and expanding disruptive technologies across industries.

About Flewber Global Inc.

Flewber Global Inc. is transforming short-distance air travel with its on-demand, eco-friendly flight service. Using the Cirrus Vision Jet, Flewber offers an affordable, efficient alternative to ground transportation. Operating in the New York metro area with plans to expand to Florida, Las Vegas, and Dubai, Flewber is leading the $28.5 billion regional air mobility sector.

Forward Looking Statements

Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.

Cision View original content:https://www.prnewswire.com/news-releases/creatd-inc-to-acquire-flewber-in-7-5-million-deal-positioning-creatd-at-the-forefront-of-the-28-5-billion-regional-air-mobility-sector-302356822.html

SOURCE Creatd, Inc.

FAQ

What is the value of Creatd's acquisition of Flewber Global Inc.?

Creatd (CRTD) is acquiring Flewber Global Inc. in a deal valued at $7.5 million.

How much revenue is Flewber expected to generate for Creatd (CRTD) in 2025?

Flewber is projected to contribute $3-4 million in annual revenue for Creatd's fiscal year 2025.

What is the starting price for Flewber's on-demand flights?

Flewber offers on-demand flights starting at $199.

Which markets is Flewber planning to expand into after NYC?

Flewber plans to expand from NYC to Florida, Las Vegas, and Dubai.

How will this acquisition affect Creatd's (CRTD) exchange listing plans?

The acquisition is expected to accelerate Creatd's plans to uplist to a national exchange in 2025.

What type of aircraft does Flewber use for its services?

Flewber utilizes Cirrus Vision Jets, which are equipped with advanced safety features including auto-landing capabilities and a built-in parachute system.

CREATD INC NEW

OTC:CRTD

CRTD Rankings

CRTD Latest News

CRTD Stock Data

1.48M
2.99M
Independent Artists, Writers, and Performers
Arts, Entertainment, and Recreation
Link
United States of America