XTI Aerospace

XTI Aerospace (NASDAQ - XTIA), the maker of the TriFan 600, has formed a corporate Advisory Board chaired by Michael Tapp. We are extremley excited about the quality of the individuals already lining up to be part of this board. They will help shape our thinking and growth related to business travel, medical transport and military applications as we work to define the fast and far medium range segment of vertical take-off and landing (VTOL) aviation.

PR: XTI Aerospace Provides Second Quarter 2024 Business Update “We continue to advance the development of the TriFan 600, a fixed-wing, vertical lift crossover aircraft uniquely designed to meet the needs of the evolving aviation industry and its customers,” said Scott Pomeroy, CEO of XTI Aerospace. “In the second quarter, XTI Aerospace and AVX AIRCRAFT COMPANY (“AVX”), a leader in advanced vertical lift solutions, announced the signing of a letter of intent, and are currently progressing towards a definitive agreement, whereby AVX’s experienced engineers will provide design, development and certification services to XTI Aerospace, reducing overall commercialization costs and potentially accelerating the timeline to first flight.” Read full press release here: https://lnkd.in/eWBKpJeG

XTI AEROSPACE UNVEILS NEW CORPORATE VIDEO "We are excited to share this new corporate video hosted by David Brody, the founder of XTI Aircraft. At XTI Aerospace, we're turning the impossible into reality and believe we have the potential to revolutionize aviation with our state-of-the-art VTOL TriFan 600 aircraft. The TriFan 600 is a game-changer for aviation, merging the versatility of helicopters with the speed of airplanes. We're not just dreaming big – we're making it happen. We hope you enjoy this video and learn more about the birth of the TriFan 600 and our progress." - Scott Pomeroy, CEO Watch here: https://lnkd.in/gitUxQVn

News Release: XTI Aerospace Signs Capital Distribution Agreement for Proposed Investment of up to $55 Million at $275 Million Valuation Investment expected to significantly accelerate development of revolutionary TriFan 600 Long-Range Civilian Fixed-Wing VTOL Business Aircraft, if successfully consummated. https://lnkd.in/gujwJYyk

XTI Aerospace Seeks Accelerated Development of TriFan 600 Full article: https://lnkd.in/gbSJdjik | Media Coverage: FlightGlobal Highlights: ? Accelerated development initiatives for the TriFan 600 fixed-wing VTOL aircraft. ? Mesa Air Group's investment and conditional purchase order for up to 100 TriFan 600 aircraft ? LOI with AVX Aircraft Company to expedite the TriFan 600's development and certification. ? Submission of new patent applications.

XTI Aerospace Files New U.S. Patent Application on Innovations and Submits Global PCT Patent Application for the TriFan 600 Vertical Takeoff Airplane "The new patent applications illustrate our ongoing commitment to innovation, and we believe they will solidify our position as a market leader in this new and disruptive powered-lift aircraft category," said Scott Pomeroy, chairman and CEO of XTI Aerospace. Full press release here: https://lnkd.in/gXyRqgWb

XTI Aerospace Files New U.S. Patent Application on Innovations and Submits Global PCT Patent Application for the TriFan 600 Vertical Takeoff Airplane "The new patent applications illustrate our ongoing commitment to innovation, and we believe they will solidify our position as a market leader in this new and disruptive powered-lift aircraft category," said Scott Pomeroy, chairman and CEO of XTI Aerospace. Full press release here: https://lnkd.in/gXyRqgWb

NEWS: XTI Aerospace Announces Mesa Airlines' Investment in XTI and Conditional Pre-Order for 100 TriFan 600 Aircraft If all conditions are met and the order is fully exercised, it could represent up to approximately $1 billion in revenue for XTI Aerospace. XTI Aerospace also announced that Mesa is an investor in XTI Aerospace, with warrants and a minority stake in common stock shares. Read the full press release here: https://lnkd.in/gjZDb-nd

Just released: XTI Aerospace Signs Letter of Intent with AVX Aircraft for Further Design and Development of the TriFan 600 Vertical Lift Crossover Airplane Definitive Agreement is Expected to Shorten Timeline and Reduce Costs Related to Design, Development and Certification of XTI's TriFan?600. Full press release here: https://lnkd.in/gsjQcCEV

XTI Aerospace will be presenting at the Spring MicroCap Rodeo conference in NYC on June 6, 2024! Click the link below here for more information or to reserve your spot. Learn more: https://lnkd.in/gNKekMtk