XTI Aerospace Appoints Len Urbas as Senior Vice President of Corporate Development

ENGLEWOOD, Colo., Feb. 18, 2025 /PRNewswire/ — XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI”), a pioneer in advanced aircraft design, today announced the appointment of Len Urbas as Senior Vice President of Corporate Development.

Mr. Urbas brings to XTI Aerospace extensive expertise in investment banking, private equity, and strategic growth. With a successful track record across industries including healthcare, technology, financial services, and aerospace, Mr. Urbas will play a key role in advancing XTI’s mission to redefine air travel and expand its presence in the burgeoning vertical takeoff and landing (VTOL) market.

Prior to joining XTI Aerospace, Mr. Urbas served as Managing Director at Waymaker Capital and Senior Advisor at SDR Ventures. Throughout his career, he has led investment banking engagements, formed private equity funds, and driven strategic initiatives to support revenue and market share growth. Mr. Urbas has successfully closed transactions exceeding $500 million, underscoring his ability to deliver business transformation and foster financial success.

Read the full press release on our Investor Relations site.