ENGLEWOOD, Colo., Nov. 18, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") today congratulates Damon Motors Inc. ("Damon Motors") on the announced completion of its business combination with Grafiti Holding Inc. a former subsidiary of XTI Aerospace, Inc., (which was renamed Damon Inc. on closing) ("Damon"). In connection with the transaction, XTI Aerospace received securities of Damon consisting of common stock and warrants. The common shares of Damon Inc. are expected to begin trading under the ticker symbol "DMN" on the Nasdaq Global

ENGLEWOOD, Colo., Nov. 14, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") today provided a business update and announced the scheduled filing of its quarterly report on Form 10-Q for the quarter ended September 30, 2024. "We are making steady progress as it relates to the development of the TriFan 600, a fixed-wing, vertical lift crossover airplane uniquely designed to meet the needs of the evolving aviation industry and its customers," commented Scott Pomeroy, CEO of XTI Aerospace. "We are nearing the completion of our conceptual des

ENGLEWOOD, Colo., Nov. 13, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") today announced that Javier de la Peña, Strategy and Operations Executive at Woven by Toyota, a Toyota Motor Corporation Group Company, has joined the XTI Aerospace Corporate Advisory Board. Mr. de la Peña is a strategic leader with over 15 years of experience driving transformative initiatives in the transportation, robotics and technology sectors. In his current role at Woven by Toyota, a Toyota Motor Corporation Group Company, he is focused on advancing Toyot

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., Oct. 24, 2024 (GLOBE NEWSWIRE) -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") today announced that it will be participating in The ThinkEquity Conference on October 30, 2024, at the Mandarin Oriental Hotel in New York. Past ThinkEquity conferences have featured over 70 company presentations, 700+ attendees, and 500+ one-on-one meetings, providing a valuable platform for companies and investors to connect. Scott Pomeroy, Chief Executive Officer of XTI Aerospace, will be presenting at 10:00 a.m. ET on October 30th. Management will also be holding one-on-one investor meetings throughout the day. Interested investors can register to attend and schedu

Podcast to Deliver Insights on Aviation Innovations for Industry Professionals and Investors in Transportation/Infrastructure Transformation ENGLEWOOD, Colo., Oct. 21, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") today announced that it will be a founding sponsor and partner in Hangar X Studios, a podcast focusing on the cutting-edge world of aviation. The Hangar X Studios show will be available on all major podcast platforms, and episodes will drop weekly. To experience the first episodes, and for more information, visit www.hangarxstudios.com.

ENGLEWOOD, Colo., Oct. 10, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI" or the "Company"), an aerospace company developing the revolutionary TriFan 600 aircraft, today announced the release of software version 1.9 of its proprietary Flight Transition Simulator. This advanced simulator is designed to optimize flight transitions from vertical-lift flight to wing-borne flight and vice versa for the TriFan 600 vertical lift crossover airplane. The latest update includes the addition of One-Engine-Inop (OEI) capability, a crucial feature that simulates engine-out scenarios at specific points during takeoff.

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., Aug. 14, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") today announces a business update and the filing of its quarterly report on Form 10-Q for the quarter ended June 30, 2024. "We continue to advance the development of the TriFan 600, a fixed-wing, vertical lift crossover aircraft uniquely designed to meet the needs of the evolving aviation industry and its customers," said Scott Pomeroy, CEO of XTI Aerospace. "In the second quarter, XTI Aerospace and AVX Aircraft Company ("AVX"), a leader in advanced vertical lif

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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