XTI Aerospace Files New U.S. Patent Application on Innovations and Submits Global PCT Patent Application for the TriFan 600 Vertical Takeoff Airplane
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ENGLEWOOD, Colo., June 12, 2024 /PRNewswire/ — XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI Aerospace” or the “Company”) today announced that its subsidiary, XTI Aircraft Company (“XTI Aircraft”), submitted a patent application (non-provisional) with the U.S. Patent and Trade Office and filed notice with the 157 countries participating in the Patent Cooperation Treaty for innovations related […]
XTI Aerospace Signs Capital Distribution Agreement for Proposed Investment of up to $55 Million at $275 Million Valuation
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ENGLEWOOD, Colo., July 1, 2024 /PRNewswire/ — XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI” or the “Company”) today announced that it has entered into an agreement with FC Imperial Limited (“FCIL”), an affiliate of a private global investment consortium, FinExic Concordia Group, (“FCG” or “Investor Consortium”), for a proposed strategic equity investment for shares of convertible […]
XTI Aerospace Announces Mesa Airlines’ Investment in XTI and Conditional Pre-Order for 100 TriFan 600 Aircraft
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ENGLEWOOD, Colo., June 5, 2024 /PRNewswire/ — XTI Aerospace, Inc. (Nasdaq: XTIA) (“XTI Aerospace” or the “Company”) today announced that Mesa Air Group, Inc. (“Mesa”) (Nasdaq: MESA) (“Mesa”), the holding company of regional air carrier Mesa Airlines, is the purchaser under a previously disclosed conditional purchase order with XTI Aircraft Company (“XTI”), a wholly-owned subsidiary […]
XTI Aerospace Signs Letter of Intent with AVX Aircraft Company for Further Design and Development of the TriFan 600 Vertical Lift Crossover Airplane
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ENGLEWOOD, Colo., June 4, 2024 /PRNewswire/ — XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI Aerospace”, or the “Company”) today announced that its subsidiary, XTI Aircraft Company (“XTI Aircraft”), has signed a Letter of Intent (“LOI”) with AVX Aircraft Company (“AVX”), a leader in advanced vertical lift solutions, to provide development, design, and certification services to support […]
XTI Aerospace to Present at the Spring MicroCap Rodeo Conference on June 6
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ENGLEWOOD, Colo., May 29, 2024 /PRNewswire/ — XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI” or the “Company”) today announced that it will be participating in the Spring MicroCap Rodeo Conference being held Thursday, June 6, 2024, in New York City. Scott Pomeroy, chief executive officer of XTI, is scheduled to present at 10:00 a.m. Eastern Time on […]
XTI Aerospace Provides Update on Former Subsidiary Spin-Off Distribution and Proposed Business Combination with Damon Motors
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ENGLEWOOD, Colo., May 28, 2024 /PRNewswire/ — XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI” or the “Company”) today provided an update on the previously announced spin-off (the “Spin-off”) and proposed business combination between its former subsidiary Grafiti Holding Inc. (“Grafiti”) and Damon Motors, Inc. (“Damon”), the maker of the acclaimed HyperSport electric motorcycle (the “Business Combination”). The Damon HyperSport is […]
XTI Aerospace CEO to be Interviewed Live on Benzinga All Access Today at Approximately 11:00 AM Eastern Time
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ENGLEWOOD, Colo., May 21, 2024 /PRNewswire/ — XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI” or the “Company”) today announced that Scott Pomeroy, Chief Executive Officer of XTI Aerospace, will be a featured guest on the Benzinga All Access show. Mr. Pomeroy is scheduled to appear today, May 21, 2024, at approximately 11:00 a.m. Eastern Time. The […]
XTI Aerospace Files Form 10-Q for Quarter Ended March 31, 2024
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ENGLEWOOD, Colo., May 20, 2024 /PRNewswire/ — XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI” or the “Company”) today announces filing its quarterly report on Form 10-Q for the quarter ended March 31, 2024 as well as provides a business update. “The first quarter of 2024 was truly an inflection point for the Company as we completed […]
XTI Aerospace Appoints Accomplished Finance and Strategic Planning Executive Tensie Axton to its Board of Directors
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ENGLEWOOD, Colo., May 15, 2024 /PRNewswire/ — XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI Aerospace” or the “Company”) today announced that it has appointed Ms. Tensie Axton, a senior finance and strategic planning executive, to serve on the Company’s Board of Directors (the “Board”) and to serve as Chair of the Board’s Nominating and Corporate Governance […]
XTI Aerospace Files Form 10-K for Fiscal 2023 and Recaps Recent Developments
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ENGLEWOOD, Colo., April 16, 2024 /PRNewswire/ — XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI Aerospace” or the “Company”) announces filing its form 10-K for the 2023 fiscal year as well as provides a recap of recent achievements. Recent Highlights: Completed merger with Inpixon on March 12, 2024 Began trading on the Nasdaq Capital Market under ticker […]