XTI Aerospace, Inc.(XTIA)
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XTI AEROSPACE TO PRESENT AT THE THINKEQUITY CONFERENCE
Prnewswire· 2025-10-28 13:00
Core Points - XTI Aerospace will participate in The ThinkEquity Conference on October 30, 2025, in New York, providing a platform for company presentations and investor meetings [1][3] - CEO Scott Pomeroy will present at 2:30 PM EST and management will hold one-on-one investor meetings throughout the day [2] - XTI Aerospace is developing the TriFan 600, a fixed-wing business aircraft with VTOL capabilities, maximum cruising speeds over 300 mph, and a range of up to 1,000 miles [4] Company Overview - XTI Aerospace, Inc. is the parent company of XTI Aircraft Company, focused on innovative aviation solutions [4] - The company is also involved in real-time location systems technology through its Inpixon business unit, which enhances operational efficiency in industrial settings [4] ThinkEquity Conference Details - The ThinkEquity Conference has previously featured over 70 company presentations, 700+ attendees, and 500+ one-on-one meetings, facilitating connections between companies and investors [3]
XTI Aerospace to Host Town Hall for Investors, Analysts and Media
Prnewswire· 2025-10-27 20:15
Core Insights - XTI Aerospace, Inc. is advancing scalable vertical flight technologies with its TriFan 600, a next-generation VTOL aircraft, and will host a Town Hall for investors and analysts on November 17, 2025 [1][3] Company Overview - XTI Aerospace, Inc. is the parent company of XTI Aircraft Company, based near Denver, Colorado, developing the TriFan 600, which features vertical takeoff and landing capabilities, maximum cruising speeds over 300 mph, and a range of up to 1,000 miles, creating a new category known as xVTOL [3] Upcoming Events - A Town Hall meeting will be conducted via video conference on November 17, 2025, at 4:30 p.m. Eastern, where company management will provide formal remarks followed by a Q&A session [1][2]
XTI Aerospace and Valkyrie AI Announce Vanguard Platform Advancing TriFan 600 Next-Generation VTOL Aircraft for Commercial and Defense Applications
Prnewswire· 2025-10-27 13:06
Core Insights - The collaboration between XTI Aerospace and Valkyrie Sciences aims to develop the Vanguard Platform, an intelligent technology system for the next generation of vertical takeoff and landing (VTOL) aircraft, leveraging advanced materials and AI [1][2][3] Company Overview - XTI Aerospace is developing the TriFan 600, a fixed-wing business aircraft with VTOL capabilities, maximum cruising speeds over 300 mph, and a range of up to 1,000 miles, creating a new category known as xVTOL [4] - Valkyrie specializes in applying AI to optimize the physical economy, focusing on sectors such as manufacturing, materials, semiconductors, energy, and aerospace [5][6] Strategic Collaboration - The alliance includes a strategic investment of $2 million by XTI in Valkyrie and a services agreement, building on Valkyrie Founder Charlie Burgoyne's role on XTI's Corporate Advisory Board [2][3] - Valkyrie's expertise in mesh intelligence and digital-twin systems will enhance the capabilities of the XTI TriFan 600 aircraft [2][3] Technological Innovation - The Vanguard Platform will integrate Valkyrie's distributed mesh intelligence, enabling real-time coordination across aircraft systems and emphasizing lean, data-driven development [3] - The collaboration is positioned as a first-of-its-kind approach in the aerospace sector, focusing on applied AI as a significant differentiator [3]
XTI Aircraft Appoints Aviation Veteran to Lead Development of VTOL Family of Aircraft
Prnewswire· 2025-10-02 13:00
Core Insights - XTI Aircraft Company has appointed Steve Zohrabian as Executive Vice President to lead the development of the TriFan 600, marking a significant step towards the aircraft's first flight, certification, and commercialization [1][6]. Company Leadership and Strategy - Zohrabian will provide strategic leadership across engineering and flight programs, focusing on building relationships with regulators and industry stakeholders [2]. - His extensive experience in rotorcraft and fixed-wing platforms will guide the TriFan 600's path to type certification, positioning it as a disruptive force in advanced air mobility [2][3]. Background of Steve Zohrabian - Zohrabian previously served as COO at Piasecki Aircraft Corporation, where he played a key role in developing next-generation VTOL aircraft and acquiring critical infrastructure [3][4]. - He has over 17 years of experience at Boeing, holding senior leadership roles in program management and engineering, contributing to programs like the V-22 Osprey and CH-47 Chinook [4]. Product Development and Market Position - The TriFan 600 is designed to combine the range and speed of an aircraft with the vertical flight capabilities of a helicopter, targeting business, disaster recovery, and military applications [6][7]. - XTI Aircraft aims to transition from design to full-scale development and certification, reinforcing its position as a pioneer in the emerging Vertical Economy [6].
Federal Aviation Administration eVTOL Integration Program a Step Forward for Powered-Lift Aviation
Prnewswire· 2025-09-17 13:00
Core Insights - XTI Aerospace, Inc. supports the FAA's newly announced Electric Vertical Takeoff and Landing Integration Pilot Program (eIPP) [1] Company Summary - XTI Aerospace is recognized as a pioneer in vertical takeoff and landing aircraft, focusing on regional and mission-critical aviation [1]
XTI Aerospace Announces Closing of $20 Million Public Offering
Prnewswire· 2025-09-15 20:05
Core Points - XTI Aerospace, Inc. has successfully closed a public offering of 12,500,000 shares of common stock and warrants, raising total gross proceeds of $20 million at a public offering price of $1.60 per share [1][2]. Group 1: Offering Details - The offering included pre-funded warrants and common warrants, with the common warrants having an exercise price of $2.00 per share and being immediately exercisable for five years [1]. - The securities were offered under a shelf registration statement filed with the SEC, which became effective on August 12, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for working capital and general corporate purposes, including the development of the TriFan 600 airplane [2]. - The company may also consider investing in or acquiring businesses or technologies, although there are no current commitments [2]. Group 3: Company Overview - XTI Aerospace is developing the TriFan 600, a fixed-wing business aircraft with vertical takeoff and landing capabilities, maximum cruising speeds over 300 mph, and a range of up to 1,000 miles [5]. - The company also has a business unit, Inpixon, that specializes in real-time location systems technology for industrial applications [5].
Stocks Moving Premarket: VSTD, GCTK, HCWB, MGIH And Other Gainers & Losers
RTTNews· 2025-09-12 11:23
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Vestand Inc. (VSTD) is up 96% at $2.53 - GlucoTrack, Inc. (GCTK) is up 86% at $9.09 - HCW Biologics Inc. (HCWB) is up 71% at $5.68 - Millennium Group International Holdings Limited (MGIH) is up 31% at $2.87 - IBEX Limited (IBEX) is up 27% at $38.74 - BGSF, Inc. (BGSF) is up 27% at $8.19 - Apimeds Pharmaceuticals US, Inc (APUS) is up 23% at $2.40 - Asset Entities Inc. (ASST) is up 16% at $10.39 - HUB Cyber Security Ltd. (HUBC) is up 10% at $2.71 - BioNexus Gene Lab Corp. (BGLC) is up 9% at $4.70 [3] Premarket Losers - Rent the Runway, Inc. (RENT) is down 21% at $6.17 - XTI Aerospace, Inc. (XTIA) is down 19% at $1.64 - RH (RH) is down 9% at $206.00 - Frequency Electronics, Inc. (FEIM) is down 9% at $30.96 - Global Mofy AI Limited (GMM) is down 9% at $1.99 - Jeffs' Brands Ltd (JFBR) is down 8% at $4.33 - Kindly MD, Inc. (NAKA) is down 8% at $3.60 - Empro Group Inc. (EMPG) is down 7% at $12.38 - Rezolve AI PLC (RZLV) is down 6% at $6.32 - NLS Pharmaceutics AG (NLSP) is down 5% at $2.03 [4]
XTI Aerospace Announces Pricing of $20 Million Public Offering
Prnewswire· 2025-09-12 10:15
Core Viewpoint - XTI Aerospace, Inc. has announced a public offering of 12,500,000 shares of common stock at a price of $1.60 per share, aiming to raise approximately $20 million in gross proceeds for working capital and the development of the TriFan 600 airplane [1][2]. Group 1: Offering Details - The offering includes pre-funded warrants and common warrants, with the common warrants having an exercise price of $2.00 per share and being immediately exercisable for five years [1]. - The offering is expected to close on September 15, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes, including the development of the TriFan 600 airplane [2]. - The company may also consider investing in or acquiring businesses or technologies, although there are no current commitments [2]. Group 3: Regulatory Information - The securities will be offered under a shelf registration statement on Form S-3, which was filed with the SEC on August 1, 2025, and declared effective on August 12, 2025 [3]. - A prospectus supplement detailing the terms of the offering will be filed with the SEC [3]. Group 4: Company Overview - XTI Aerospace is developing the TriFan 600, a fixed-wing business aircraft with vertical takeoff and landing capabilities, cruising speeds over 300 mph, and a range of up to 1,000 miles [5]. - The company also has a business unit, Inpixon, specializing in real-time location systems technology for industrial applications [5].
XTI Achieves Key Flight Milestones
Prnewswire· 2025-09-09 13:00
Core Insights - XTI Aerospace has successfully completed initial flight operations for its Sparrow and Kestrel subscale aircraft programs, marking significant progress towards the development of the full-scale TriFan 600 demonstrator [1][3][5] Subscale Aircraft Program Overview - The subscale aircraft program aims to develop smaller versions of the anticipated TriFan 600 to test new technologies and designs in a cost-effective manner, validating flight dynamics before full-scale development [3][5] - The Sparrow and Kestrel prototypes have demonstrated key design elements' viability under flight conditions, which is crucial for the TriFan 600's development [3][6] Next Development Phase - The next phase involves the TriHawk subscale aircraft, which will be larger than Sparrow and Kestrel, aimed at gaining deeper insights into VTOL dynamics [4][6] - Initial flight operations for the TriHawk are expected in Q4 2025 [4] Market Positioning - XTI's subscale program is strategically designed to reduce risk while positioning the company to capture the emerging market for mid-range VTOL aircraft, driven by increasing global demand for efficient air mobility solutions [5][6] - The TriFan 600 is anticipated to cater to various markets, including business aviation, regional transport, and special missions [5] Technical Validation - Over the past six months, XTI has conducted a series of flight tests with the Sparrow and Kestrel prototypes, validating critical aerodynamic performance and flight control logic [6] - The results from these tests are expected to accelerate the TriFan 600 program's advancement on schedule and within its capital plan [6]
XTI Aerospace CEO Scott Pomeroy Publishes Forbes Article on the Future of VTOL and Advanced Air Mobility
Prnewswire· 2025-08-26 13:00
Core Insights - The article emphasizes that VTOL technology is transitioning from concept to reality due to supportive U.S. policies, FAA certification progress, and global investment trends [1][2][3] - VTOL is positioned as a viable solution to address urgent needs in both commercial and government sectors, particularly in light of current challenges facing the aviation industry [2][4] Industry Perspective - The U.S. aviation policy has shifted to support next-generation aviation systems, with ongoing FAA certification pathways and infrastructure planning [2][4] - VTOL technology offers a distributed and resilient alternative to traditional aviation, addressing issues such as staffing shortages and outdated control systems [4] - The alignment of innovation, policy, and market demand presents a strategic opportunity for the U.S. to lead in VTOL and advanced air mobility [5] Company Overview - XTI Aerospace is focused on integrating manned and unmanned VTOL systems, advanced materials, and distributed airspace management to create a more accessible and transformative air mobility future [6] - The company is developing the TriFan 600, a fixed-wing business aircraft with VTOL capabilities, maximum cruising speeds exceeding 300 mph, and a range of up to 1,000 miles [7]