PJET EV Partnership With ALYI Featured In ALYI 2022 Strategic Outlook

Rhea-AI Summary

PJET announced an electric vehicle partnership with ALYI, highlighted in ALYI's 2022 Strategic Outlook Presentation. The company plans to introduce electric motorcycles and scooters for university campuses, starting orders in Q1 2022. PJET is also launching a Student Housing By Owner (SHBO) App, currently in quality review, aimed at enhancing the student living experience. Additionally, PJET is building a residential student housing facility in Texas and expanding its electric vehicle program into a multi-campus sales initiative.

Positive

• Electric vehicle partnership with ALYI enhances market positioning.
• Introduction of electric motorcycles and scooters targets the university demographic.
• Student Housing By Owner App is nearing launch, promising improved student living.
• Building a residential facility to support a small university could attract investment.

Negative

• No immediate revenue projections or financial metrics provided.
• Dependence on successful partnership outcomes for sales growth.

Dallas, Texas, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today announced the company’s electric vehicle partnership with Alternet Systems, Inc. (OTC Pink: ALYI) was featured in an ALYI 2022 Strategic Outlook Presentation.  ALYI’s partnerships with iQSTEL, and Waterpure 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

FAQ

What is PJET's latest partnership announcement?

PJET has partnered with Alternet Systems, Inc. (ALYI) to develop electric vehicles.

When will PJET begin taking orders for electric motorcycles?

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

What is the focus of PJET's Student Housing By Owner App?

The app aims to improve the student living experience through a technology solution.

What new initiatives is PJET introducing in 2022?

PJET is launching electric vehicles, a Student Housing App, and a residential building project.

How many college students could PJET potentially reach?

There are approximately 21 million U.S. college students with significant spending power.