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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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. 12, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company"), a pioneer in advanced aircraft design, today announced that it has received formal notification from The Nasdaq Stock Market LLC ("Nasdaq") confirming that the company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). This notification follows XTI Aerospace's recent efforts to address its non-compliance status, which was triggered when the company's common stock failed to maintain a minimum bid price of

ENGLEWOOD, Colo., Feb. 7, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company"), a pioneer in VTOL and Powered-Lift aircraft solutions, today announced that Inpixon, a business unit of XTI Aerospace and a leader in real-time location systems (RTLS) technology, has been honored with the prestigious "RTLS Solution of the Year 2025" award at the 9th annual IoT Breakthrough Awards. Competing against over 40 other innovative entrants, Inpixon was recognized for its outstanding work in delivering cutting-edge real-time location services (RTLS) solutions that enhance operational efficiency, safety, and decision-making across industries.

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., Feb. 3, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI" or the "Company"), a pioneer in advanced Vertical Takeoff and Landing ("VTOL") and powered-lift aircraft solutions, today 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. The Company aims to redefine regional air travel through novel point-to-point solutions, and the TriFan 600 represents XTI's flagship airplane. XTI expects to unveil its next subscale working model, code-named "Sparrow,"

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. 23, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI" or the "Company"), a pioneer in advanced Vertical Takeoff and Landing ("VTOL"), Powered-Lift aircraft solutions, today issued the following letter to shareholders. Dear Fellow XTI Aerospace Shareholders – At the outset, I would like to take a moment to recognize that 2024 was a transformative year for XTI and extend my gratitude for your continued support in 2025 and beyond.  Along with the rest of our management team, I would like to update you on recent accomplishments supportive of our

BOCA RATON, Fla., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB:XERI), an aerospace technology company dedicated to the development and commercialization of advanced materials, announces an update regarding ongoing litigation against XTI Aircraft Co. ("XTI"), the wholly owned and principal operating subsidiary of XTI Aerospace Inc. (NASDAQ:XTIA). On February 29, 2024, Xeriant, Inc, filed an Amended Complaint in the United States District Court for the Southern District of New York against XTI alleging that XTI, engaged over a period of time in (1) intentional fraudulent conduct against Xeriant, (2) fraudulent concealment, (3) breach of contract, (4) quantum meruit, (5) unjust e

ENGLEWOOD, Colo., Jan. 21, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI"), a pioneer in advanced aircraft design, announces its access to computing resources on the Frontier supercomputer at Oak Ridge National Laboratory's (ORNL) Leadership Computing Facility. Frontier, the world's first exascale supercomputer and currently ranked as the second most powerful commercially available computing system in the world, will provide XTI with unmatched computational capabilities to accelerate development of the TriFan 600 aircraft, the Company's vertical takeoff and landing (VTOL) aircraft that combines the operational flexibility of helicopters with the speed and range of fixed-wing a

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

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