PJET Electric Vehicle Offering Backed By ALYI Featured In ALYI 2022 Strategic Outlook

Rhea-AI Summary

Priority Aviation, Inc. (PJET) announced its electric vehicle partnership with Alternet Systems, Inc. (ALYI) was featured in ALYI's 2022 Strategic Outlook Presentation. PJET plans to introduce electric motorcycles and scooters, targeting university campuses, with orders starting in Q1 2022. A university campus roadshow will begin in Texas. The company is also developing a Student Housing By Owner (SHBO) App and building a student housing project to support a small private university. Additionally, PJET will publish a strategic overview on January 19, 2022.

Positive

• Partnership with ALYI enhances PJET's EV offerings.
• Introduction of electric motorcycles and scooters targets a new market.
• Development of SHBO App is complete and undergoing quality review.
• Building a brick-and-mortar student housing project supports growth.

Negative

• None.

DALLAS, Jan. 12, 2022 /PRNewswire/ -- Priority Aviation, Inc. (USOTC: PJET) ("PJET") today announced the company's electric vehicle partnership with Alternet Systems, Inc. (USOTC: ALYI) was featured in an ALYI 2022 Strategic Outlook Presentation. ALYI's partnerships with iQSTEL, (OTCQX: IQST) and Waterpure (USOTC: WPUR) were also highlighted in ALYI's presentation.

PJET recently announced it will soon be introducing electric motorcycles and scooters produced by ALYI for use on university campuses. PJET plans to start taking orders in the first quarter of 2022. The company is launching a university campus roadshow first in Texas where it will bring its electric motorcycle and scooter models to campuses for demonstrations and to take orders.

PJET plans to publish its own 2022 strategic overview presentation next week on Wednesday, Jan 19^th.

PJET recently introduced a new business focus delivering technology solutions to improve the student living experience.

The PJET student living technology solution is centered on a Student Housing By Owner (SHBO) App. The development of the App is complete, and the App is now undergoing an internal quality review. The App is expected to launch in production imminently.

PJET is also building a brick-and-mortar component of its business to physically trial and prove parameters for its technology solutions. The company has reached terms to fund and build a student housing residential building in Texas that will support a small private university with an enrollment of approximately 1200 students. 

PJET recently announced that it would add an EV pilot to its brick-and-mortar pilot. The pilot project initiative has now expanded and has grown into a multi-campus sales program.

21 million U.S. college students are estimated to have over $376 billion in spending power. In 2020, students spent $39 billion on food alone. Annual student spending on clothes and accessories is estimated at $67 billion. Universities themselves spend approximately $1 billion annually advertising to the university student demographic.

See College Student Spending Habits For 2021 to learn more.

PJET's Student Housing App design includes an artificial intelligence engine intended to integrate a network of businesses addressing the student living ecosystem.

Visit the company's new website periodically to look for the latest updates.

Company Website – www.pjet-info.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact:
Steven Rash
info@pjet-info.com 
+1 (800) 861-1350

View original content:https://www.prnewswire.com/news-releases/pjet-electric-vehicle-offering-backed-by-alyi-featured-in-alyi-2022-strategic-outlook-301459723.html

SOURCE Priority Aviation, Inc.

FAQ

What is PJET's recent partnership with ALYI?

PJET's partnership with ALYI focuses on electric vehicle offerings, which were highlighted in ALYI's 2022 Strategic Outlook Presentation.

When will PJET start taking orders for electric motorcycles?

PJET plans to start taking orders for its electric motorcycles and scooters in the first quarter of 2022.

What is the SHBO App developed by PJET?

The SHBO App, designed by PJET, aims to improve the student living experience and is nearing launch after completing internal quality reviews.

What is PJET's plan for a student housing project?

PJET is building a student housing project in Texas to support a small private university with approximately 1200 students.

When will PJET publish its strategic overview?

PJET plans to publish its strategic overview on January 19, 2022.