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PJET University Campus Electric Vehicle Pilot Could See Rapid Expansion

PJET University Campus Electric Vehicle Pilot Could See Rapid Expansion.

articlePriority Aviation, Inc.November 18, 20215/company/priority-aviation/news/pjet-university-campus-electric-vehicle-pilot-could-see-rapid-expansion
PJET University Campus Electric Vehicle Pilot Could See Rapid Expansion

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[{"type":"text","content":"\n\n\n\nPJET University Campus Electric Vehicle Pilot Could See Rapid Expansion\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPJET University Campus Electric Vehicle Pilot Could See Rapid Expansion\nPR Newswire\nDALLAS, Nov. 18, 2021\n\n\n\nDALLAS, Nov. 18, 2021 /PRNewswire/ -- Priority Aviation, Inc. (USOTC: PJET) (\"PJET\") today confirmed the company is adding an electric vehicle (EV) pilot to its existing brick-and-mortar student housing pilot.  After making the EV pilot announcement yesterday, PJET received multiple inquiries about bringing a similar pilot to additional university campuses.  Management is evaluating the opportunity to expand the pilot.  PJET's EV supply is viable.  The company plans to follow up on terms and conditions on the other campuses.\nPJET recently introduced a new business focus delivering technology solutions to improve the student living experience.\nThe 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 before the end of the year.\nPJET is 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.  \nPJET yesterday announced that it will add an EV pilot to its brick-and-mortar pilot.  PJET has ordered ten electric scooters that will deployed for use on the same campus with a mobile app to access the scooters. PJET will use the pilot to generate data for a more comprehensive technology solution that can be scaled to any university.\n21 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.&#16...

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