Surf Air Mobility Enters Into Exclusive Agreements With AeroTEC and MagniX to Accelerate Development of Electrified Commercial Aircraft

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May 18, 2022

Surf+Air+Mobility (“SAM” or the “Company”), a company working to accelerate the adoption of green aviation, announced today it has entered into contracts with magniX, a leader in electric aviation propulsion, and AeroTEC, a premier aircraft development and integration company, to develop and certify hybrid and fully-electric powertrains for new and existing Cessna Grand Caravan aircraft. These hybrid and fully-electric aircraft will be designed to reduce operating costs and emissions and greatly improve the affordability of regional air mobility.