ENGLEWOOD, Colo., Oct. 7, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced that Ambassador Todd Chapman (ret.) has joined its Corporate Advisory Board. Ambassador Chapman brings over 30 years of distinguished service as a U.S. diplomat, including as U.S. Ambassador to Brazil and Ecuador, and Acting Assistant Secretary of State for Political-Military Affairs.
With deep relationships across Latin America, particularly in Brazil—home to globally recognized aerospace leaders such as Embraer S.A., AEL Sistemas, and XMobots, as well as the renowned Instituto Tecnológico de Aeronáutica (ITA)—Ambassador Chapman will provide XTI with access and strategic insight as the company strengthens its international footprint.
"Ambassador Chapman's appointment is an extraordinary addition to XTI's Advisory Board," said Michael Tapp, Chief Operating Officer of XTI and Chairman of the Advisory Board. "His access to senior decision-makers in Washington and Brasília, combined with his understanding of global defense, aerospace, and economic diplomacy, will help accelerate our strategy in international markets."
Ambassador Chapman's career culminated in his service as U.S. Ambassador to Brazil, where he advanced bilateral cooperation in trade, investment, and technology. He continues to shape U.S. and global policy through advisory and board roles with leading organizations including Inter&Co, the Krach Institute for Tech Diplomacy at Purdue University, and the Salvation Army USA. He also serves as a non-resident senior adviser at the Center for Strategic and International Studies (CSIS) and the Payne Institute for Public Policy at the Colorado School of Mines.
"Brazil represents one of the most important aerospace hubs in the world, and its innovators - from Embraer to emerging startups - are shaping the future of aviation," said Ambassador Chapman. "I am honored to join XTI Aerospace's Advisory Board at such a pivotal time in the company's growth, and I look forward to contributing to its mission of pioneering the next generation of vertical flight."
Ambassador Chapman holds a bachelor's degree from Duke University and a Master of Science from the National Intelligence University.
With the addition of Ambassador Chapman, XTI Aerospace continues to build an Advisory Board of leaders whose experience spans government, finance, industry, and innovation, further strengthening the company's capacity to deliver breakthrough technologies in the Vertical Economy.
About XTI Aerospace, Inc.
XTI Aerospace, Inc. (XTIAerospace.com) (NASDAQ:XTIA) is the parent company of XTI Aircraft Company, an aviation business based near Denver, Colorado, currently developing the TriFan 600, a fixed-wing business aircraft designed to have the vertical takeoff and landing (VTOL) capability of a helicopter, maximum cruising speeds of over 300 mph and a range up to 1,000 miles, creating an entirely new category – the xVTOL. Additionally, the Inpixon (inpixon.com) business unit of XTI is a leader in real-time location systems (RTLS) technology with customers around the world who use its location intelligence solutions in factories and other industrial facilities to help optimize operations, increase productivity, and enhance safety. For more information about XTI, please visit XTIAerospace.com and follow XTI on LinkedIn, Instagram, X, and YouTube.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act. All statements other than statements of historical fact contained in this press release, including without limitation, statements about the expected benefits from the addition of Ambassador Chapman to XTI's Corporate Advisory Board, the products under development by XTI, the advantages of XTI's technology and VTOL technology, and XTI's customers, plans and strategies are forward-looking statements.
Some of these forward-looking statements can be identified by the use of forward-looking words, including "believe," "continue," "could," "would," "will," "estimate," "expect," "intend," "plan," "target," "projects," or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by XTI and its management, are inherently uncertain, and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to, changes in market demand for VTOL technology, changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment. XTI undertakes no obligation to revise any forward-looking statements in order to reflect events or circumstances that might subsequently arise. Readers are urged to carefully review and consider the risk factors discussed from time to time in XTI's filings with the SEC, including those factors discussed under the caption "Risk Factors" in its most recent annual report on Form 10-K, filed with the SEC on April 15, 2025, and in subsequent reports filed with or furnished to the SEC.
Contacts
General inquiries:
Email: [email protected]
Web: https://xtiaerospace.com/contact/
Investor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: [email protected]
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SOURCE XTI Aerospace, Inc.