PJET Targets $327 Billion University Student Living Market With Online App

Rhea-AI Summary

Priority Aviation, Inc. (OTC Pink: PJET) will release its 2022 strategic overview presentation on January 19. The company has shifted its focus to providing technology solutions aimed at enhancing the student living experience. With college students in the U.S. holding over $376 billion in spending power, PJET's initiatives include a Student Housing App with AI capabilities and a partnership with Alternet Systems to introduce electric motorcycles and scooters on campuses. Additionally, PJET plans a physical presence with a new student housing building in Texas.

Positive

• Introduction of technology solutions targeted at the $376 billion college student market.
• Launch of Student Housing App with AI for improved living experiences.
• Partnership with Alternet Systems to offer electric motorcycles and scooters, enhancing campus mobility.
• Plans to build a student housing facility in Texas, supporting a private university.

Negative

• None.

Dallas, Texas, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today confirmed plans to publish its 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.

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.

PJET recently announced it will soon be introducing electric motorcycles and scooters produced by Alternet Systems, Inc. (OTC Pink: 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.

ALYI recently featured its partnership with PJET in an ALYI 2022 Strategic Outlook Presentation. 

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. 

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

When will PJET release its 2022 strategic overview presentation?

Priority Aviation, Inc. (PJET) will release its 2022 strategic overview presentation on January 19, 2022.

What is PJET's new focus in business?

PJET has shifted its business focus to delivering technology solutions that enhance the student living experience.

How much spending power do U.S. college students have?

U.S. college students are estimated to have over $376 billion in spending power.

What is PJET's partnership with Alternet Systems about?

PJET has partnered with Alternet Systems to introduce electric motorcycles and scooters for use on university campuses.

Where is PJET planning to build a student housing facility?

PJET is planning to build a student housing residential building in Texas.