ENGLEWOOD, Colo., Jan. 20, 2026 /PRNewswire/ — XTI Aerospace, Inc. (Nasdaq: XTIA) (“XTI Aerospace,” “XTI,” “we,” “our,” “us,” or the “Company”), an aerospace technology company focused on building and scaling its newly acquired subsidiary, Drone Nerds, LLC (“Drone Nerds”) and its comprehensive unmanned aircraft system (“UAS”) platform for enterprise and government customers, today released the following letter from the Company Chairman and CEO Scott Pomeroy to shareholders.
Dear Shareholders,
As we enter 2026 and I reflect on the past year, 2025 will most certainly be remembered as a pivotal year of transformation for XTI Aerospace. In November, we announced the execution of a strategically transformative acquisition—one that fundamentally reshapes our focus, strengthens our financial stability, and recalibrates our strategy. Our acquisition of Drone Nerds for approximately $40 million catapulted us into the rapidly evolving U.S. domestic enterprise, government and defense drone markets. We gained proven capabilities, deep customer relationships, and a platform aligned with national priorities. With revenues in excess of $100 million for 2024, the purchase price represents multiples of less than 0.4 times 2025 annualized revenue.
Read the full press release on our Investor Relations site.
