Category: Press Release

Mar. 19, 2025 – XTI announced its Type Certification (TC) application for the TriFan 600 was accepted by the Federal Aviation Administration (FAA) on March 17, 2025.

Mar. 18, 2025 – XTI’s board of directors has authorized management to implement a share repurchase program to acquire up to $5 million of the Company’s common stock.

Feb. 27, 2025 – XTI’s downwash/outwash study, which analyzed airflows generated by the aircraft, met expectations as anticipated by the XTI Flight Science engineering team.

Feb. 25, 2025 – XTI announces that Hangar X Studios podcast will be stationed at booth 7340 during Verticon 2025 and hosting live recordings of their popular podcast, featuring in-depth interviews and discussions with leaders in the aerospace industry.

Feb. 18, 2025 – XTI 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.

Feb. 12, 2025 – XTI announced it has received formal notification from Nasdaq confirming that the company has regained compliance. “This announcement further evidences the progress we’ve made as we continue executing on our long-term growth strategy, and we look forward to delivering continued value to our shareholders.”

Feb. 7, 2025 – Inpixon, a business unit of XTI Aerospace and a leader in real-time location systems (RTLS) technology, has been honored with the “RTLS Solution of the Year 2025” award. Inpixon was chosen first from over 40 other innovative entrants.

Feb. 4, 2025 – XTI announced that Stephanie Chung, former Chief Growth Officer at Wheels Up, a leading provider of on-demand private aviation, has joined the XTI Aerospace Corporate Advisory Board.

Feb. 3, 2025 – XTI released its key product and engineering milestones for 2025 which will lead to a reopening of pre-sales of the TriFan 600 airplane later on this year.

Jan. 30, 2025 – XTI announced the addition of Kimberly Montgomery, President of GMR Health Systems at Global Medical Response (GMR), a leading provider of pre-hospital healthcare solutions, to its Corporate Advisory Board.