XTI Aerospace Deepens Defense Sector Expertise with Addition of Steve Griessel to Corporate Advisory Board

Core Insights - XTI Aerospace, Inc. has appointed Stephen Griessel to its Corporate Advisory Board, reflecting the increasing importance of VTOL aircraft as a national strategic priority [1][2] - Griessel's extensive experience in aerospace and defense is expected to enhance XTI's strategy in the emerging Vertical Economy, focusing on speed, range, and adaptability of xVTOL solutions [2][3] - The company is developing the TriFan 600, which combines helicopter vertical lift capabilities with the speed and range of fixed-wing aircraft, aiming to position XTI as a leader in regional and mission-critical air mobility [4][5] Company Strategy - XTI aims to dominate the Vertical Economy by leveraging Griessel's experience to accelerate its entry into mission-critical markets [2][3] - The company is focused on serving high-value special mission operators and defense partners, providing VTOL solutions without the need for new infrastructure [3] - Griessel's leadership is expected to contribute to the development of a military variant of the TriFan platform, enhancing XTI's competitive position in both commercial and defense sectors [4] Product Development - The TriFan 600 is designed to achieve maximum cruising speeds of 311 mph and a range of 985 miles, creating a new category of xVTOL aircraft [5] - XTI Aerospace also operates Inpixon, which specializes in real-time location systems technology, optimizing operations in various industrial settings [5]