Welcome to our dedicated page for XTI Aerospace news (Ticker: XTIA), a resource for investors and traders seeking the latest updates and insights on XTI Aerospace stock.
XTI Aerospace (XTIA) is pioneering next-generation aviation solutions through its TriFan 600 VTOL aircraft and real-time location systems. This news hub provides investors and industry professionals with essential updates on technological advancements, regulatory progress, and strategic partnerships.
Access official press releases covering aircraft certification milestones, engineering breakthroughs, and financial performance. Our curated collection includes partnership announcements with global aerospace leaders and updates from the Inpixon RTLS business unit.
Key content categories include quarterly financial disclosures, aircraft testing progress, patent developments, and executive leadership updates. All materials are sourced directly from company filings and authorized communications to ensure reliability.
Bookmark this page for timely updates on XTI Aerospace's mission to transform air mobility. Check regularly for new developments in hybrid aircraft technology and industrial location intelligence solutions.
XTI Aerospace (NASDAQ: XTIA) has announced the completion of its TriFan 600 flight deck mockup design, achieving a important Q1 2025 product and engineering milestone. The full-scale mockup will enable collaboration between engineering teams and pilots to optimize cockpit design elements including control layout, interfaces, vision angles, and accessibility.
The company has completed 5 out of 6 core Q1 milestones, including: downwash/outwash study, type certification FAA application, engine air inlet/exhaust optimization, fuel system design enhancement, and flight deck mockup design. The remaining milestone involves updating the Global Finite Element Model (GFEM) for structural evaluation.
The mockup is particularly significant as the TriFan 600 operates in both fixed-wing airplane and helicopter modes, requiring an optimized design suitable for both environments. The company emphasizes this development's importance for safety and pilot experience optimization.
XTI Aerospace (NASDAQ: XTIA) has announced a significant milestone in its TriFan 600 development with the completion of an updated fuel system design. The new design increases wing fuel capacity from 300 to 400 gallons while minimizing unusable fuel, expected to enhance the aircraft's maximum range and endurance.
The fuel system update marks one of six core product and engineering milestones for Q1 2025. The company has already completed the downwash/outwash study and is progressing on other objectives including type certification application and engine air inlet optimization. Remaining milestones include flight deck mockup design and updating the Global Finite Element Model (GFEM).
The company plans to update its publicly stated performance benchmarks in the coming weeks, with the launch of the 'Sparrow' subscale working model scheduled for early Q2.
XTI Aerospace (NASDAQ: XTIA) has appointed Archduke Sandor Habsburg-Lothringen to its Corporate Advisory Board, marking the first international addition to the team. With over 30 years of expertise in global business strategy, sustainable energy, telecommunications, and financial services, Habsburg-Lothringen brings significant experience to XTI's development of the TriFan 600 and VTOL technology.
As a Mechanical Engineering graduate with specialization in environmental protection and alternative energy, Habsburg-Lothringen holds multiple patents in thermodynamics and energy conservation. He is the founder of Krown Impact and Krown Green Foundation, focusing on ecological progress through impact investments and green technology.
The appointment aims to strengthen XTI's global presence and advance their mission in sustainable aviation solutions. Habsburg-Lothringen will contribute his strategic insights to guide XTI through its growth phases in the powered-lift sector.
XTI Aerospace (NASDAQ: XTIA) has successfully updated its TriFan 600's engine air inlet and exhaust system design, marking a significant Q1 milestone. The enhanced design improves air intake during conventional flight by preventing interference from the upper fuselage's air flow boundary layer.
The optimization ensures smooth air flow for the two turboshaft engines in both vertical and conventional flight modes, while the exhaust design provides forward thrust advantage with minimal drag. The engineering team utilized DMU (digital mock-up) and CFD (computational fluid dynamics) analysis to optimize the design.
This achievement is part of six core Q1 product and engineering milestones, with three already completed:
- Downwash/Outwash Study
- Type Certification Application with FAA
- Engine Air Inlets and Exhaust optimization
Remaining milestones include fuel system design optimization, flight deck mockup development, and Global Finite Element Model (GFEM) updates.
XTI Aerospace (NASDAQ: XTIA) announced that the Federal Aviation Administration (FAA) has accepted its Type Certification (TC) application for the TriFan 600 on March 17, 2025, marking a significant Q1 milestone. The company has been working with the FAA's Innovation Office on developing AC 21-17b 'powered-lift' requirements.
Following the December General Familiarization briefing, the FAA will now review XTI's G-1 Stage 1 'Basis for Certification' document. The company has completed two of its six core Q1 product and engineering milestones:
- Downwash/Outwash Study completion
- Type Certification Application submission
Remaining Q1 milestones include fuel system design optimization, engine air inlets and exhaust enhancement, flight deck mockup development, and Global Finite Element Model (GFEM) updates. The company plans to launch the 'Sparrow' subscale working model in early Q2.
XTI Aerospace (NASDAQ: XTIA) has announced a $5 million share repurchase program authorized by its board of directors. The program aims to address what the company perceives as an undervaluation of its common stock.
The buyback will be executed through open market transactions, privately negotiated deals, or other means including Rule 10b-18 trading plans. The program has an initial term of 12 months, extendable to 18 months, and can be suspended or discontinued at any time.
As of March 18, 2025, XTI Aerospace had approximately 3.7 million shares of common stock outstanding. The timing and total value of repurchases will be determined by various factors including market conditions, corporate requirements, and prevailing stock prices.
XTI Aerospace (NASDAQ: XTIA) has successfully completed its downwash study for the TriFan 600 aircraft, meeting a key Q1 2025 product and engineering milestone. The study analyzed airflows during vertical takeoff and landing, demonstrating superior safety characteristics compared to helicopters.
The study revealed that the TriFan 600's ducted fans better control downward propeller airflow, with outwash dynamic pressure dissipating more quickly and closer to the vehicle. The aircraft's Downwash Caution Area (DCA) measures 53 feet, comparable to the Joby S4.
This milestone is part of six core Q1 engineering objectives, with five remaining tasks to be completed: fuel system design optimization, engine air inlet and exhaust enhancement, flight deck mockup development, FAA type certification application, and Global Finite Element Model (GFEM) update.
XTI Aerospace (Nasdaq: XTIA) has announced that Hangar X Studios podcast will participate in the Verticon 2025 conference from March 11-13, 2025 in Dallas, Texas. The podcast will be stationed at booth 7340, hosting live recordings featuring aerospace industry leaders.
Podcast host John Ramstead, a former Navy fighter pilot, will engage with attendees to discuss aerospace innovation. Interested parties can sign up to be podcast guests by contacting john@hangarxstudios.com.
Ramstead highlighted this as a historic moment, introducing the event's first-ever live podcast recording studio. Tobin Arthur, Chief Strategy Officer of XTI Aerospace, expressed excitement about providing a platform for thought-provoking discussions with leading minds in aerospace at this premier industry event.
XTI Aerospace (NASDAQ: XTIA) has appointed Len Urbas as Senior Vice President of Corporate Development. Urbas brings extensive experience in investment banking, private equity, and strategic growth, having previously served as Managing Director at Waymaker Capital and Senior Advisor at SDR Ventures.
The appointment aims to strengthen XTI's position in the vertical takeoff and landing (VTOL) market. According to Chairman and CEO Scott Pomeroy, Urbas will be instrumental in the company's capital raising strategy and represents the final piece in building their strategic team.
Urbas's track record spans multiple industries including healthcare, technology, financial services, and aerospace. In his new role, he will focus on advancing XTI's mission to redefine air travel and expand its market presence in the rapidly evolving VTOL sector.
XTI Aerospace (NASDAQ: XTIA) has announced its successful return to compliance with Nasdaq's minimum bid price requirement. The company received formal notification from Nasdaq confirming that it has met the listing requirement under Rule 5550(a)(2), which mandates maintaining a minimum bid price of $1.00 per share.
The company's stock has maintained a closing bid price of $1.00 or higher for more than 10 consecutive business days, satisfying the compliance criteria. CFO Brooke Turk expressed satisfaction with this achievement, viewing it as evidence of the company's progress in executing its long-term growth strategy.
XTI Aerospace, known for its work in vertical takeoff and landing (VTOL) aircraft technology, states it remains committed to executing strategic initiatives aimed at driving growth and delivering shareholder value.
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