Core Viewpoint - The collaboration between XTI Aircraft Company and MagLev aims to enhance aircraft performance through the integration of MagLev's HyperDrive propulsion technology into XTI's hybrid-electric aircraft designs, with a potential pre-order for up to 100 systems contingent on successful milestones [1][2][3] Group 1: Collaboration Details - The memorandum of understanding (MOU) outlines a non-binding agreement for both companies to evaluate the integration of MagLev's technology into XTI's aircraft and unmanned drone designs [1][3] - The MOU includes a pre-order for up to 100 MagLev HyperDrive propulsion systems, which is contingent upon the successful completion of technical and integration milestones [1] Group 2: Technology Overview - MagLev HyperDrive is an innovative electric propulsion system that utilizes a tip-driven ducted fan system, aiming to significantly improve efficiency by using magnetic levitation to reduce friction [2][4] - The technology is designed to be scalable across various aircraft sizes and mission profiles, enabling ultra-quiet, high-speed, and low-maintenance propulsion for diverse applications [2] Group 3: Company Background - XTI Aerospace is developing the TriFan 600, a fixed-wing business aircraft capable of vertical takeoff and landing (VTOL), with maximum cruising speeds exceeding 300 mph and a range of 1,000 miles [5] - MagLev Aero is focused on pioneering electric propulsion solutions that leverage magnetic levitation to create a new generation of efficient electric aircraft for urban, regional, and commercial uses [4]