Completion of GFEM Meets a Key Product and Engineering Q1 Milestone ENGLEWOOD, Colo., April 3, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI" or the "Company"), a pioneer in VTOL and powered-lift aircraft solutions, today announced the Q1 completion of its Global Finite Element Model (GFEM) for its latest TriFan 600 configuration, achieving a key 2025 first quarter product and engineering milestone announced in a prior press release. This achievement advances the design team's ability to perform further structural integrity and load distribution analysis.   The

ENGLEWOOD, Colo., April 2, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA), a pioneer in VTOL and powered-lift aircraft solutions, today announced the launch of the XTI Aerospace Prototyping and Innovation Lab within The HIVE in Grand Forks, North Dakota. The HIVE is a one-of-a-kind hybrid business accelerator & incubator focused on vertical takeoff and landing (VTOL) and unmanned aircraft systems (UAS). This new lab is designed to accelerate the development of XTI's flagship powered-lift aircraft, the TriFan 600, initially focused on advancing the subscale model, code-

ENGLEWOOD, Colo., April 1, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI" or the "Company"), a pioneer in VTOL and powered-lift aircraft solutions, today released the following letter from the Company Chairman and CEO Scott Pomeroy to shareholders. Dear Shareholders, It has been just over a year since I was appointed Chief Executive Officer of XTI Aerospace, coinciding with our Nasdaq listing. For several years, I had recognized the promise of the TriFan 600 vertical take-off and landing aircraft, having served on the board of AVX Aircraft Company since 2009.  A

ENGLEWOOD, Colo., March 31, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA), ("XTI" or the "Company"), a pioneer in VTOL and powered-lift aircraft solutions, today announced the closing of its underwritten public offering of 2,941,200 shares of common stock (or pre-funded warrants ("Pre-Funded Warrants") in lieu thereof) and warrants to purchase up to 2,941,200 shares of common stock at a combined public offering price of $1.36 per share (inclusive of the Pre-Funded Warrant exercise price) and associated warrant. The warrants have an exercise price of $1.36 per share and are immediately exercisable upon issuance for a period of five years following the date of issuance. All of the sha

ENGLEWOOD, Colo., March 28, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA), ("XTI" or the "Company"), a pioneer in advanced aircraft design, today announced the pricing of an underwritten public offering of 2,941,200 shares of its common stock (or pre-funded warrants ("Pre-Funded Warrants") in lieu thereof) and warrants to purchase up to 2,941,200 shares of common stock at a combined public offering price of $1.36 per share (inclusive of the Pre-Funded Warrant exercise price) and associated warrant. The warrants will have an exercise price of $1.36 per share and will be immediately exercisable upon issuance for a period of five years following the date of issuance. All of the shares

ENGLEWOOD, Colo., March 27, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA), ("XTI" or the "Company"), a pioneer in VTOL and powered-lift aircraft solutions, today announced that it intends to offer to sell shares of its common stock (and/or pre-funded warrants ("Pre-Funded Warrants") in lieu thereof) and warrants in an underwritten public offering. All of the shares of common stock (and/or Pre-Funded Warrants) and warrants are being offered by the Company. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

The Flight Deck Mockup Design Meets a Key Product and Engineering Q1 Milestone ENGLEWOOD, Colo., March 27, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA), a pioneer in VTOL and powered-lift aircraft solutions, today announced the completion of its TriFan 600 flight deck mockup design, marking the successful execution of a key product and engineering milestone for the first quarter of 2025. The full-scale mockup serves as a critical tool in the rapid prototyping and ergonomic evaluation of the TriFan 600 flight deck. It will allow XTI's engineering team to collaborate

Completion of New Fuel System Design Meets a Key Product and Engineering Q1 Milestone ENGLEWOOD, Colo., March 26, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA), a pioneer in VTOL and powered-lift aircraft solutions, today announced the successful update of its fuel system design, achieving a key 2025 first quarter product and engineering milestone announced in a prior press release. The updated fuel system design significantly increases the fuel volume in the wings from approximately 300 gallons to 400 gallons while minimizing unusable fuel in the system.  "The TriFan 600 continues to mature in its design, and in the case of the fuel system we expect to exceed our performance crite

ENGLEWOOD, Colo., March 24, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA), a pioneer in VTOL and powered-lift aircraft solutions, today announced the appointment of Archduke Sandor Habsburg-Lothringen to its Corporate Advisory Board. Archduke Sandor Habsburg-Lothringen brings over 30 years of expertise in global business strategy, sustainable energy, telecommunications, and financial services to XTI Aerospace. With a background in thermodynamics, energy conservation, and environmental protection, he has played a key role in multinational corporations, family offices,

New Engine Air Inlet / Exhaust Design Meets a Key Product and Engineering Q1 Milestone ENGLEWOOD, Colo., March 18, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI" or the "Company"), a pioneer in VTOL and powered-lift aircraft solutions, today announced the successful update of its engine air inlet and exhaust system design, achieving a key Q1 product and engineering milestone announced in a prior press release. The updated engine air inlet and exhaust design significantly improves the air intake, particularly in conventional flight, to ensure the air is not hamp

ENGLEWOOD, Colo., March 24, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA), a pioneer in VTOL and powered-lift aircraft solutions, today announced the appointment of Archduke Sandor Habsburg-Lothringen to its Corporate Advisory Board. Archduke Sandor Habsburg-Lothringen brings over 30 years of expertise in global business strategy, sustainable energy, telecommunications, and financial services to XTI Aerospace. With a background in thermodynamics, energy conservation, and environmental protection, he has played a key role in multinational corporations, family offices,

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 v

ENGLEWOOD, Colo., Feb. 4, 2025 /PRNewswire/ -- XTI Aerospace, Inc. ("XTI") (NASDAQ:XTIA), a pioneer in advanced aircraft design, today 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. Ms. Chung brings over 35 years of distinguished experience spanning aviation, aerospace, and luxury services, with a proven track record in senior leadership roles at industry-leading organizations such as Wheels Up, JetSuite, and Bombardier Inc. As Chief Growth Office

ENGLEWOOD, Colo., Jan. 30, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company"), a pioneer in advanced aircraft design, today 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. Ms. Montgomery brings over two decades of leadership experience in air medical transport and pre-hospital healthcare, having served in various senior roles at Seven Bar Aviation, Med-Trans Corp, and EagleMed. In her c

ENGLEWOOD, Colo., Jan. 14, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company"), a pioneer in VTOL and Powered-Lift aircraft solutions, today announced that David Oppenheimer has joined the XTI Corporate Advisory Board. Mr. Oppenheimer is a seasoned professional with over 40 years of experience in advancing emerging technologies and national policy. He has led global research teams focused on advanced analog computing based on neural networking theories and optical display technologies for defense applications. Working with General Atomics

ENGLEWOOD, Colo., Oct. 30, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") today announced that Jennifer Gaines has joined the Company as its Chief Legal Officer, effective October 28, 2024. Ms. Gaines will report directly to the Company's Chairman and CEO, Scott Pomeroy, and will be responsible for overseeing all XTI Aerospace's legal and compliance functions. Ms. Gaines brings a wealth of in-house counsel experience spanning diverse industries including technology, telecommunications, aerospace, and private equity. Prior joining XTI

ENGLEWOOD, Colo., Sept. 23, 2024 /PRNewswire/ --XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI" or the "Company") today announced the appointment of Tobin Arthur as Chief Strategy Officer, effective as of September 19, 2024. In this new role, Mr. Arthur will help guide the Company's vision and oversee its sales, marketing, and investor relations. Tobin Arthur brings over thirty years of experience in helping companies develop and implement corporate strategies focused on innovation. Early in his career, he helped Starbucks Coffee bring disruptive innovation to the market as it became

Michael Tapp Named Advisory Board Chairman and Senior Advisor Newly Formed Advisory Board to Help Evaluate Strategic Opportunities ENGLEWOOD, Colo., Sept. 11, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) today announced formation of the XTI Corporate Advisory Board and the appointment of Michael Tapp as its Chairman. Mr. Tapp is an operating partner for Palingen Capital, an evergreen holding company that acquires lower middle market businesses from legacy-minded owners.  Mr. Tapp will also serve as a Senior Advisor to the Company.  "We have begun an exciting new phas

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 Committee and as a member of the Board's Audit Committee and the Board's Compensation Committee, effective May 13, 2024. Tensie Axton has over thirty years of experience in start-up and high-growth businesses, capital markets, b

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