Core Insights - XTI Aerospace has appointed Len Urbas as Senior Vice President of Corporate Development, bringing extensive expertise in investment banking, private equity, and strategic growth to the company [1][2][3] - Mr. Urbas's experience spans various industries, including healthcare, technology, financial services, and aerospace, positioning him to advance XTI's mission in the vertical takeoff and landing (VTOL) market [1][2] - The company is focused on redefining air travel and expanding its presence in the rapidly evolving VTOL industry, with Mr. Urbas expected to play a crucial role in this growth [1][3] Company Overview - XTI Aerospace is developing the TriFan 600, a fixed-wing business aircraft designed for vertical takeoff and landing, capable of speeds of 345 mph and a range of 700 miles, creating a new category known as vertical lift crossover airplane (VLCA) [4] - The company also has a business unit, Inpixon, which specializes in real-time location systems (RTLS) technology, providing solutions to optimize operations and enhance safety in industrial facilities [4]
XTI Aerospace Appoints Len Urbas as Senior Vice President of Corporate Development