other material
confidence high
sentiment positive
materiality 0.60
Jet.AI authorizes $5M buyback; data center JV hits milestone 3
Jet.AI Inc.
- Board authorized repurchase of up to $5M of common stock through Dec 31, 2026.
- JV Convergence Compute completed third milestones for Midwestern and Maritime hyperscale data center campuses.
- Midwestern campus secured natural gas supply for up to six turbines; power load study submitted.
- Maritime campus executed LOI for hydro/wind power; lease rights assigned to convergence compute.