XTI Aerospace Stock Price, News & Analysis

XTI Aerospace (NASDAQ: XTIA) announced that the FAA has selected the Ft. Worth, Texas Certification Branch Office (CBO) as the primary location for the TriFan 600 type certification program. This follows the FAA's acceptance of XTI's formal application for Type Certification of the TriFan 600 (TF600) received on March 17, 2025. XTI will continue collaborating with FAA subject matter experts nationwide through Technical Familiarization briefings for the aircraft's major systems, with additional briefings scheduled for June and July 2025. The Ft. Worth CBO was chosen for its significant expertise in VTOL aircraft certification.

XTI Aerospace (NASDAQ: XTIA) has announced key supplier partnerships for its TriFan 600 xVTOL aircraft's drivetrain system, meeting a crucial Q2 2025 milestone. The company has selected Triumph Geared Solutions for primary and secondary gearboxes, Formsprag Clutch for clutch systems, and Kamatics Corporation for precision shafts. The companies recently held a two-day summit to accelerate progress on the drivetrain solution, focusing on fault tolerance, thermal management, and system integration. The TriFan 600 is designed to combine business airplane capabilities with helicopter-like vertical takeoff and landing features, powered by twin turboshaft engines and pivoting ducted fans for vertical lift and efficient forward flight.

XTI Aerospace (NASDAQ: XTIA), a pioneer in xVTOL and powered-lift aircraft solutions, has announced a virtual Shareholder Town Hall scheduled for May 29, 2025, at 4:15 PM ET. The event will be led by Chairman and CEO Scott Pomeroy and other senior executives who will discuss the company's vision for the future of manned and unmanned air travel.

Current and prospective investors can participate in the webinar by registering at the company's website. The event will include a Q&A session, with participants able to submit questions either live during the event or in advance via email to the company's investor relations firm.

XTI Aerospace (NASDAQ: XTIA) reported its Q1 2025 results, highlighting significant progress in both operational and financial fronts. The company achieved key milestones for its TriFan 600 aircraft program, including FAA acceptance of Type Certification application and enhanced fuel system design increasing wing fuel volume from 300 to 400 gallons. Financially, XTIA strengthened its position with cash and equivalents rising by $3.9M to $8M, while eliminating legacy debt and stock-based obligations. The board authorized a $5M share repurchase program. Looking ahead, Q2 2025 priorities include engine and drivetrain supplier selection, launch of the Sparrow subscale model, and preparation for TriFan 600 pre-sales reopening later in 2025.

XTI Aerospace (NASDAQ: XTIA) has signed a memorandum of understanding (MOU) with VerdeGo Aero to explore hybrid-electric propulsion systems for XTI's aircraft family. The collaboration focuses on developing powertrain solutions for military and civilian unmanned aircraft systems (UAS), particularly for the company's TriFan 600 airplane and its variants.

The partnership aims to leverage VerdeGo's expertise in hybrid powerplants, including their VH-4T turbine-hybrid powerplant and VH-5 blended turbofan, to enhance performance in high-speed cruise and vertical takeoff & landing (VTOL) capabilities. The collaboration will target critical military and commercial UAS logistics and cargo missions where speed, range, and VTOL performance are essential.

XTI Aerospace (NASDAQ: XTIA) has appointed Hanna Tomory, a senior executive from Palantir Technologies, to its Corporate Advisory Board. Tomory, who currently leads Palantir's commercial business in Canada, brings extensive expertise in AI and digital transformation to guide XTI's strategic vision for intelligent aircraft systems. Her appointment aligns with XTI's strategy to integrate data-driven, adaptive, and AI-powered systems into their TriFan 600 aircraft development. Tomory's experience spans critical infrastructure, manufacturing, telecommunications, and finance across North America, Latin America, and Europe. With dual master's degrees in industrial engineering and theology, she will contribute to XTI's mission of transforming regional air mobility through intelligent aviation systems.

XTI Aerospace (NASDAQ: XTIA) has announced the appointment of Preston Dunlap to its Corporate Advisory Board. Dunlap, the former inaugural Chief Technology Officer and Chief Architect of the U.S. Space Force and Air Force, brings over 20 years of experience in national security, defense, and aerospace technology.

During his tenure, Dunlap oversaw $70 billion in aerospace and defense programs and initiated $250 billion worth of new defense programs, including the B-21 stealth bomber and hypersonic systems. He is currently the founder of Arkenstone Ventures and Arkenstone Capital.

The appointment aims to accelerate the development and commercialization of the TriFan 600, XTI's innovative aircraft that combines fixed-wing flight efficiency with vertical takeoff and landing capabilities. The company plans to position the TriFan 600 for commercial aviation, defense, medevac, and emergency response applications.

XTI Aerospace (NASDAQ: XTIA) has announced key Q2 2025 product and engineering milestones for its TriFan 600 xVTOL aircraft development program. The company plans to complete several important objectives, including:

• Engine and drivetrain supplier selection
• External noise assessment with Continuum Dynamics
• FAA technical familiarization briefings
• First flight of 'Sparrow' - a 1:15 scale unmanned model

The company will also launch its 'Kestrel' subscale model later in 2025 to evaluate aerodynamics and flight controls. XTI plans to reopen TriFan 600 pre-sales later in 2025, targeting fleet operators, business owners, and EMS operators. The development roadmap includes preliminary design, critical design, first flight, and type certification phases.

XTI Aerospace (NASDAQ: XTIA) has released its full-year 2024 business update, highlighting significant progress in its TriFan 600 aircraft development program. The company made its public market debut on Nasdaq in March 2024 following a merger with Inpixon.

Key achievements include conducting an FAA General Familiarization meeting, filing new patent applications, and releasing Version 1.9 of the Flight Transition Simulator. Mesa Airlines placed a conditional pre-order for up to 100 TriFan 600 aircraft. The company strengthened its leadership team and formed a Corporate Advisory Board.

In early 2025, XTI raised $24 million through equity offerings, formally commenced the FAA Type Certification process, and completed critical technical studies. The TriFan 600, their flagship fixed-wing VTOL aircraft, combines regional airplane capabilities with helicopter-like convenience for commercial and special mission markets.