XTI Achieves Key Flight Milestones

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]