Jet.AI Announces Commercial and Private Aviation Carbon Offset Platform, DynoFlight
Jet.AI Announces Commercial and Private Aviation Carbon Offset Platform, DynoFlight
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Enables Aviation Businesses to Offset Carbon Emissions Through Purchase of Carbon Removal Credits that Fund the Direct Extraction of Carbon Dioxide from the Atmosphere
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DynoFlight Platform Streamlines Carbon Offset Process by Allowing Operators to Easily Identify and Manage Carbon Capturing at a Competitive Cost
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爲航空業務提供支持 to 通過購買抵消碳排放 o(f) 碳清除積分 t帽子基金 t直接提取 of 二氧化碳 from t大氣層
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測功飛機 平台 通過允許,簡化碳抵消流程 操作員 以具有競爭力的成本輕鬆識別和管理碳捕集
LAS VEGAS, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Oxbridge Acquisition Corp (NASDAQ: OXAC). Jet Token Inc. d/b/a Jet.AI ("Jet.AI" or the "Company") (Reserved NASDAQ: JTAI, JTAIW), an innovative private aviation, artificial intelligence company, today announced the launch of DynoFlight, a carbon offset transaction platform built for both commercial and private aviation operators. The platform enables aviation businesses to offset their carbon emissions through the purchase of carbon removal credits that fund the direct extraction of carbon dioxide from the atmosphere.
拉斯維加斯,2023 年 8 月 4 日(GLOBE NEWSWIRE)— 牛津劍橋收購公司(納斯達克股票代碼:OXAC)。Jet Token Inc. Jet.AI (“Jet.AI” 或 “公司”) (Reserved NASDAQ:JTAI,JTAIW)是一家創新的私人航空人工智能公司,今天宣佈推出DynoFlight,這是一個專爲商業和私人航空運營商打造的碳抵消交易平台。該平台使航空企業能夠通過購買碳去除信用額度來抵消碳排放,這些信用額度爲直接從大氣中提取二氧化碳提供資金。
"Quality carbon offsets are hard for most companies to identify and typically require large working capital outlays," said Mike Winston, Founder of Jet.AI. "The DynoFlight platform addresses both pain points by identifying credits and enabling the flight-by-flight purchase for small dollar amounts."
Jet.AI 創始人邁克·溫斯頓說:“大多數公司很難確定高質量的碳補償,通常需要大量的營運資金支出。”“DynoFlight平台通過識別積分並允許以少量金額進行逐機購買,從而解決了這兩個痛點。”
Unlike other offset programs that often focus on preventing future emissions, carbon removal credits offer a measurable extraction of carbon dioxide from the atmosphere. DynoFlight offers operators the flexibility to purchase removal credits either through its online interface or programmatically using its API. Jet.AI plans to launch the platform in September 2023, which will allow operators to:
與其他通常側重於防止未來排放的抵消計劃不同,碳去除信用額度可以從大氣中提取可衡量的二氧化碳。DynoFlight爲運營商提供了通過其在線界面或使用其API以編程方式購買移除積分的靈活性。Jet.AI 計劃在 2023 年 9 月推出該平台,這將允許運營商:
- Purchase carbon removal credits at a competitive cost.
- Register credits to aircraft in their fleet.
- Record carbon emissions for specific aircraft to track stats across their fleet.
- Query DynoFlight's carbon estimation endpoint to receive emissions estimates on any given route for over 250 of the most common commercial and business aircraft models using either sustainable aviation fuel or standard jet fuel.
- 以具有競爭力的成本購買碳去除積分。
- 爲其機隊中的飛機註冊積分。
- 記錄特定飛機的碳排放量,以跟蹤其機隊的統計數據。
- 查詢 DynoFlight 的碳估算端點,獲取使用可持續航空燃料或標準噴氣燃料的 250 多種最常見的商用和公務機型號的任何給定航線的排放估算值。
In addition, DynoFlight can facilitate the integration of carbon offsetting into an operator's checkout process. Upon a customer purchasing a removal credit at checkout, the operator receives a live link to a carbon credit certificate page to share with the customers. This certificate page dynamically updates throughout the life of the credit as it is purchased, procured, and retired.
此外,DynoFlight可以促進將碳抵消整合到運營商的結賬流程中。客戶在結賬時購買搬家抵免額度後,運營商會收到一個指向碳信用證書頁面的實時鏈接,以便與客戶共享。在購買、購買和停用積分時,此證書頁面會在積分有效期內動態更新。
To learn more and join the pre-release waitlist visit
要了解更多信息並加入預發行候補名單,請訪問
Jet.AI has signed an agreement for a business combination with Oxbridge Acquisition Corp. Please see "Important Information About the Proposed Business Combination and Where to Find It" below for additional information related to the proposed business combination.
Jet.AI 已與 Oxbridge Acquision Corp. 簽署了業務合併協議。有關擬議業務合併的更多信息,請參閱下文的 “關於擬議業務合併的重要信息及其在哪裏找到”。
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About Jet.AI:
關於 Jet.AI:
Jet.AI operates in two segments, Software and Aviation, respectively. The Software segment features the B2C CharterGPT app and the B2B Jet.AI Operator platform. The CharterGPT app uses natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of stand-alone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet card, on-fleet charter, management, and buyer's brokerage. Jet.AI is an official partner of the Las Vegas Golden Knights, 2023 NHL Stanley Cup champions. Jet.AI was founded in 2018 and is based in Las Vegas, NV and San Francisco, CA.
Jet.AI 分爲兩個領域,分別是軟件和航空。軟件領域以 B2C CharterGPT 應用程序和 B2B Jet.AI Operator 平台爲特色。CharterGPT 應用程序使用自然語言處理和機器學習來改善私人飛機預訂體驗。Jet.AI 運營商平台提供了一套獨立的軟件產品,使美國聯邦航空局第 135 部分的包機提供商能夠增加收入、最大限度地提高效率並減少對環境的影響。航空領域包括噴氣式飛機零件、噴氣式飛機卡、機隊包機、管理和買方經紀業務。Jet.AI 是 2023 年 NHL 斯坦利杯拉斯維加斯金騎士隊的官方合作伙伴 冠軍們。Jet.AI 成立於 2018 年,總部位於內華達州拉斯維加斯和加利福尼亞州舊金山。
ABOUT OXBRIDGE ACQUISITION CORP.:
關於牛津劍橋收購公司:
Oxbridge is a Cayman Islands-exempted, Cayman Islands-based blank check company incorporated in 2021 and managed by the executive officers of Oxbridge Re Holdings Limited (NASDAQ: OXBR), the founding and leading investor in the sponsor of Oxbridge. The company was formed with the purpose of entering into a merger in the field of artificial intelligence, blockchain technology and insurance technology and its ordinary shares, units and warrants trade on the Nasdaq Capital Markets under tickers "OXAC", "OXACU" and "OXACW", respectively.
Oxbridge是一家豁免開曼羣島、總部位於開曼羣島的空白支票公司,成立於2021年,由牛津劍橋再保險有限公司(納斯達克股票代碼:OXBR)的執行官管理,牛津劍橋是贊助商的創始人和主要投資者。該公司成立的目的是在人工智能、區塊鏈技術和保險技術領域進行合併,其普通股、單位和認股權證在納斯達克資本市場上交易,股票代碼分別爲 “OXAC”、“OXACU” 和 “OXACW”。
Important Information About the Proposed Business Combination and Where to Find It
This press release relates to a proposed transaction between Jet.AI and Oxbridge (the "Business Combination"). In connection with the proposed Business Combination, Oxbridge filed a registration statement on Form S-4 (File No. 333-270848) (the "Registration Statement") with the SEC which includes a proxy statement/prospectus that is both the proxy statement distributed to Oxbridge's stockholders in connection with its solicitation of proxies for the vote by Oxbridge's stockholders with respect to the proposed Business Combination and other matters as described in the Registration Statement, as well as the prospectus, and relating to the offer and sale of the securities to be issued in the Business Combination. The Registration Statement was declared effective on July 28, 2023 and Oxbridge's extraordinary shareholder meeting to approve the Business Combination is scheduled for August 7, 2023. This press release does not contain all the information that should be considered concerning the proposed Business Combination and is not intended to form the basis of any investment decision or any other decision in respect of the Business Combination. Oxbridge's stockholders and other interested persons are advised to read the definitive proxy statement/prospectus included in the Registration Statement and the amendments thereto and other documents filed in connection with the proposed Business Combination, as these materials will contain important information about Jet.AI, Oxbridge and the Business Combination. The definitive proxy statement/prospectus and other relevant materials for the proposed Business Combination were mailed to stockholders of Oxbridge commencing July 28, 2023. Stockholders are able to obtain copies of the preliminary proxy statement, the definitive proxy statement and other documents filed with the SEC, without charge at the SEC's website at www.sec.gov, or by directing a request to Oxbridge Acquisition Corp., Suite 201, 42 Edward Street, George Town, Cayman Islands, KY1-9006.
有關擬議業務合併的重要信息及其在哪裏可以找到
本新聞稿涉及 Jet.AI 與 Oxbridge 之間的擬議交易(“業務合併”)。關於擬議的業務合併,牛津劍橋大學向美國證券交易委員會提交了S-4表格(文件編號333-270848)(“註冊聲明”)的註冊聲明,其中包括委託書/招股說明書,這既是牛津劍橋劍橋的股東就擬議的業務合併和註冊聲明中描述的其他事項徵求代理人投票而分發的委託書,以及招股說明書,以及與要約和出售證券有關在企業合併中發行。註冊聲明於2023年7月28日宣佈生效,牛津劍橋爲批准業務合併而舉行的特別股東大會定於2023年8月7日舉行。本新聞稿不包含與擬議業務合併有關的所有應考慮的信息,也無意構成與業務合併有關的任何投資決策或任何其他決定的基礎。建議牛津劍橋的股東和其他利益相關者閱讀註冊聲明中包含的最終委託書/招股說明書及其修正案以及與擬議業務合併有關的其他文件,因爲這些材料將包含有關 Jet.AI、牛津劍橋和業務合併的重要信息。從2023年7月28日起,擬議業務合併的最終委託書/招股說明書和其他相關材料已郵寄給牛津劍橋的股東。股東可以在美國證券交易委員會網站www.sec.gov上免費獲得向美國證券交易委員會提交的初步委託書、最終委託書和其他文件的副本,也可以直接向開曼羣島喬治敦愛德華街42號201號套房牛津劍橋收購公司提出申請,KY1-9006。
Forward-Looking Statements
前瞻性陳述
This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed Business Combination including statements regarding the benefits of the Business Combination, the anticipated timing of the Business Combination, the services offered by Jet.AI and the markets in which it operates, and Jet.AI's projected future results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ materially from the expected results. As a result, caution must be exercised in relying on forward-looking statements, which speak only as of the date they were made.
本新聞稿包含聯邦證券法所指的有關擬議業務合併的某些前瞻性陳述,包括有關業務合併的好處、業務合併的預期時機、Jet.AI 提供的服務及其運營市場以及 Jet.AI 的未來預期業績的聲明。這些前瞻性陳述通常用 “相信”、“項目”、“期望”、“預期”、“估計”、“打算”、“戰略”、“未來”、“機會”、“計劃”、“可能”、“應該”、“將”、“將繼續”、“將繼續”、“可能產生” 等詞語來識別。前瞻性陳述是基於當前預期和假設的關於未來事件的預測、預測和其他陳述,因此存在風險和不確定性,可能導致實際結果與預期結果存在重大差異。因此,在依賴前瞻性陳述時必須謹慎行事,前瞻性陳述僅代表發表之日。
The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: the occurrence of any event, change or other circumstances that could give rise to an amendment or termination of the Business Combination Agreement and Plan of Reorganization between Oxbridge, Oxbridge Merger Sub I, Inc., Oxbridge Merger Sub II, LLC, and Jet.AI dated (the "Business Combination Agreement") and the proposed transaction contemplated thereby; the inability to complete the transactions contemplated by the Business Combination Agreement due to the failure to obtain approval of the stockholders of Oxbridge or Jet.AI or other conditions to closing in the Business Combination Agreement; the inability to project with any certainty the amount of cash proceeds remaining in the Oxbridge trust account at the closing of the transaction; the inability of the company post-closing to obtain or maintain the listing of its securities on Nasdaq following the business combination; the amount of costs related to the business combination; the outcome of any legal proceedings that may be instituted against the parties following the announcement of the business combination; changes in applicable laws or regulations; the ability of Jet.AI to meet its post-closing financial and strategic goals, due to, among other things, competition; the ability of the company post-closing to grow and manage growth profitability and retain its key employees; and the possibility that the company post-closing may be adversely affected by other economic, business, and/or competitive factors. The valuation of the securities to be distributed in the transaction also constitutes a forward-looking statement, with the common stock component of the transaction valued based upon a $10 valuation which is intended to approximate the liquidation value of the common stock at closing, but may not represent the post-closing value of the shares, and with the warrant component of the transaction valued at approximately $8.16 per warrant by application of a Black-Scholes formula developed by Jet.AI management, which may not equate to the actual post-closing value of the warrants. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of Oxbridge's registration statement on Form S-1 which became effective on August 11, 2021 (File No. 333-257998), the Registration Statement and the amendments thereto on Form S-4 as discussed above (File No. 333-270848) and other documents filed by Oxbridge from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Oxbridge and Jet.AI caution that the foregoing list of factors is not exclusive. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Jet.AI and Oxbridge assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
除其他外,以下因素可能導致實際業績與這些前瞻性陳述中描述的結果存在重大差異:發生的任何事件、變更或其他情況可能導致牛津劍橋、牛津劍橋合併 Sub I, Inc.、Oxbridge Merger Sub II, LLC 和 Jet.AI 之間達成的業務合併協議和重組計劃(“業務合併協議”)的修訂或終止(“業務合併協議”)以及由此設想的擬議交易;無法完成所設想的交易業務合併協議因未能獲得牛津劍橋或 Jet.AI 股東的批准或其他條件而導致的業務合併協議;無法確定交易結束時牛津劍橋信託賬戶中剩餘的現金收益金額;公司在業務合併後無法獲得或維持其證券在納斯達克的上市;與業務合併相關的成本金額;任何法律訴訟的結果那可能在宣佈業務合併後對雙方提起;適用法律或法規的變化;競爭等原因,Jet.AI 實現收盤後的財務和戰略目標的能力;公司在收盤後增長和管理增長盈利能力並留住關鍵員工的能力;以及公司在關閉後可能受到其他經濟、商業和/或競爭因素的不利影響。交易中將要分配的證券的估值也構成前瞻性陳述,該交易的普通股部分的估值基於10美元的估值,該估值旨在近似收盤時普通股的清算價值,但可能不代表股票收盤後的價值;交易的認股權證部分估值約爲每份認股權證8.16美元,該公式可能與實際估值不相等收盤後的價值 Jet.AI認股權證。您應仔細考慮上述因素以及牛津劍橋於2021年8月11日生效的S-1表格註冊聲明的 “風險因素” 部分(文件編號333-257998)、註冊聲明及其上文討論的S-4表格修正案(文件編號333-270848)以及牛津劍橋不時向美國證券交易委員會提交的其他文件中描述的其他風險和不確定性。這些文件確定並解決了其他重要的風險和不確定性,這些風險和不確定性可能導致實際事件和結果與前瞻性陳述中包含的事件和結果存在重大差異。Oxbridge 和 Jet.AI 警告說,上述因素清單並不是排他性的。這些前瞻性陳述僅用於說明目的,無意用作擔保、保證、預測或明確的事實或概率陳述,也不得被任何投資者作爲擔保、保證、預測或明確的事實或概率陳述。前瞻性陳述僅代表截至其發表之日。提醒讀者不要過分依賴前瞻性陳述,Jet.AI 和 Oxbridge 不承擔任何義務,也不打算更新或修改這些前瞻性陳述,無論是由於新信息、未來事件還是其他原因。
Participants in the Solicitation
招標參與者
Oxbridge and Jet.AI and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Oxbridge's shareholders in connection with the proposed transaction. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Oxbridge's directors and officers in Oxbridge's filings with the SEC, including Oxbridge's Annual Report on Form 10-K for the fiscal year ended December 31, 2022, which was filed with the SEC on February 22, 2023 and the Registration Statement on Form S-4, which includes the proxy statement/prospectus of Oxbridge for the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Jet.AI's directors and officers in the Registration Statement. Stockholders can obtain copies of Oxbridge's filings with the SEC, without charge, at the SEC's website at www.sec.gov.
Oxbridge 和 Jet.AI 及其各自的董事和執行官可能被視爲參與了就擬議交易向牛津劍橋股東征求代理人的活動。投資者和證券持有人可以在牛津劍橋向美國證券交易委員會提交的文件中獲得有關牛津橋董事和高級管理人員在業務合併中的姓名和權益的更多詳細信息,包括牛津劍橋於2023年2月22日向美國證券交易委員會提交的截至2022年12月31日財年的10-K表年度報告,以及S-4表註冊聲明,其中包括牛津劍橋商業合併的委託書/招股說明書。投資者和證券持有人可以在註冊聲明中獲得有關 Jet.AI 董事和高級管理人員在業務合併中的姓名和權益的更多詳細信息。股東可以在美國證券交易委員會的網站www.sec.gov上免費獲得牛津劍橋向美國證券交易委員會提交的文件的副本。
No Offer or Solicitation
不得提出要約或邀請
This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed Business Combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.
本新聞稿不構成就任何證券或擬議的業務合併徵求代理人、同意或授權。本新聞稿也不構成出售要約或招攬購買任何證券的要約,在根據任何此類司法管轄區的證券法進行註冊或資格認證之前,任何州或司法管轄區也不得出售任何證券。除非通過符合經修訂的1933年《證券法》第10條要求的招股說明書或豁免,否則不得發行證券。
CONTACTS:
For Oxbridge
Jay Madhu
CEO & Chairman of the Board
813-263-507
Jmadhu@oxbridgeaq.com
聯繫人:
適用於牛津劍橋
Jay Madhu
首席執行官兼董事會主席
813-263-507
Jmadhu@oxbridgeaq.com
For Jet.AI
Gateway Group, Inc.
949-574-3860
Jet.AI@gateway-grp.com
對於 Jet.AI
蓋特威集團有限公司
949-574-3860
Jet.AI@gateway-grp.com