Company Description
XTI Aerospace, Inc. (Nasdaq: XTIA) is a U.S.-based aerospace and technology company that brings together vertical flight, unmanned aircraft systems (UAS), and real-time location technologies under a single corporate platform. According to company disclosures and recent press releases, XTI Aerospace is the parent of XTI Aircraft Company, Drone Nerds, and the Inpixon real-time location systems business, positioning the organization across manned aircraft development, commercial drone solutions, and industrial location intelligence.
Core Businesses and Operating Structure
XTI Aerospace reports that it operates through multiple aviation and technology-focused entities. XTI Aircraft Company, based near Denver, Colorado, is developing the TriFan 600, described by the company as a fixed-wing business aircraft designed to combine the vertical takeoff and landing (VTOL) capability of a helicopter with the speed and range of a conventional airplane. Company materials state that the TriFan 600 is intended to have maximum cruising speeds of over 300 mph and a range up to 1,000 miles, creating what XTI refers to as a new xVTOL category.
Through its Drone Nerds subsidiary, XTI Aerospace participates in the unmanned aircraft systems sector. Press releases describe Drone Nerds as an enterprise UAS solutions provider and one of the largest drone distributors and service providers in the United States, with a long record of revenue and profitability prior to its acquisition by XTI. Drone Nerds focuses on helping enterprise, public safety, government, and other customers select and operate UAS platforms that match their operational requirements. Its Always Flying™ program is designed to support reliability, uptime, and operational assurance for drone fleets deployed in demanding environments.
In addition, XTI Aerospace owns the Inpixon real-time location systems (RTLS) business. Company disclosures characterize Inpixon as a provider of location intelligence solutions used in factories and industrial facilities. These RTLS technologies are used by industrial customers to optimize operations, increase productivity, and enhance safety by tracking assets and activities within complex environments.
TriFan 600 and Vertical Flight Focus
XTI Aerospace describes itself as a developer of vertical flight technologies and emphasizes the TriFan 600 program as a core initiative. Public updates from the company reference engineering maturation, subscale aircraft testing, and engagement with the Federal Aviation Administration (FAA) across multiple certification disciplines for the TriFan 600. Subscale prototypes such as the Sparrow and Kestrel have been used to validate aerodynamic and stability models, and the company has disclosed the selection of the Garmin G700 TXi integrated flight deck for the TriFan 600 cockpit.
These activities are presented by XTI as part of a milestone-driven plan toward a piloted demonstrator and as foundational to what the company calls the emerging "Vertical Economy"—its term for a broader ecosystem around manned and unmanned vertical flight. The company has also announced collaborations that touch on propulsion, autonomy, and intelligent systems intended to support future VTOL and hybrid-electric platforms.
Unmanned Aircraft Systems and Drone Nerds
XTI Aerospace has expanded into the UAS market through the acquisition of Drone Nerds and related entities. Company press releases describe Drone Nerds as offering a full-stack enterprise UAS platform that covers aircraft selection, fleet deployment, training, maintenance, and lifecycle support. Drone Nerds has an established customer base across sectors such as public safety, government, agriculture, construction, insurance, energy, and infrastructure, and is characterized by XTI as having a national footprint and a reputation as a trusted solutions provider.
Following U.S. policy developments affecting certain foreign-made drones, XTI and Drone Nerds have highlighted their focus on compliant, high-performance systems sourced from the United States and other FCC-approved partners. The company positions Drone Nerds as a way to provide UAS solutions aligned with U.S. supply chain and national security expectations, including support for customers transitioning from restricted platforms to alternative systems.
Inpixon RTLS and Industrial Location Intelligence
Beyond aircraft and drones, XTI Aerospace maintains a technology portfolio through its Inpixon RTLS business unit. Company descriptions state that Inpixon provides real-time location systems and location intelligence solutions that are deployed in factories and other industrial facilities. Customers use these systems to help optimize operations, improve productivity, and enhance safety by gaining visibility into the movement of people, equipment, and other assets.
These RTLS capabilities complement XTI’s aviation and UAS activities by extending the company’s presence into intelligent infrastructure and industrial environments. Together with Drone Nerds and XTI Aircraft Company, this creates a mix of manned aviation, unmanned systems, and data-centric technologies within one corporate structure.
Strategic Investments and Partnerships
Public filings and press releases indicate that XTI Aerospace engages in strategic investments and collaborations to support its technology roadmap. For example, the company has disclosed a strategic investment in Valkyrie Sciences Holdings via a convertible promissory note, along with a services relationship with an affiliated entity providing data science and strategy consulting. XTI has also described the Valkyrie Vanguard Platform, a collaboration focused on integrating applied AI, advanced materials, and mesh intelligence into next-generation VTOL development and intelligent system architectures.
In the UAS domain, XTI has reported a $25 million strategic investment from Unusual Machines, a supplier to the drone industry, in connection with the acquisition of Drone Nerds. The company has also referenced technology collaborations, such as a non-binding pre-order framework with MagLev Aero for electric propulsion systems intended for future hybrid-electric and unmanned platforms.
Corporate Background and Exchange Listing
XTI Aerospace, Inc. is incorporated in Nevada and lists its common stock on The Nasdaq Capital Market under the symbol XTIA, as reflected in its SEC filings. A definitive proxy statement explains that the company, formerly known as Inpixon, completed a merger with XTI Aircraft Company on March 12, 2024, after which the combined entity adopted the XTI Aerospace name. The same filing notes that the company has effected reverse stock splits of its common stock in connection with its corporate restructuring.
Through its subsidiaries and business units, XTI Aerospace positions itself at the intersection of aerospace and industrial technology. Its activities span the development of the TriFan 600 xVTOL aircraft, enterprise drone platforms and services via Drone Nerds, and RTLS solutions via Inpixon. Company communications describe a focus on scalable, compliant, and revenue-generating solutions for commercial, public safety, government, defense, and industrial customers within what it terms the Vertical Economy.
Frequently Asked Questions about XTI Aerospace (XTIA)
- What does XTI Aerospace, Inc. do?
XTI Aerospace, Inc. is the parent company of XTI Aircraft Company, Drone Nerds, and the Inpixon RTLS business. According to company disclosures, it develops vertical flight technologies such as the TriFan 600 xVTOL aircraft, operates an enterprise UAS platform through Drone Nerds, and offers real-time location systems used in industrial facilities. - What is the TriFan 600?
The TriFan 600 is a fixed-wing business aircraft under development by XTI Aircraft Company. Company materials describe it as designed to combine the vertical takeoff and landing capability of a helicopter with the speed and range of a conventional airplane, with targeted maximum cruising speeds of over 300 mph and a range up to 1,000 miles. - How is XTI Aerospace involved in the drone market?
XTI Aerospace is active in the drone market through its wholly owned subsidiary Drone Nerds. Press releases describe Drone Nerds as one of the largest U.S.-based drone distributors and enterprise UAS solution providers, offering product selection, fleet deployment, training, maintenance, and lifecycle support for commercial, public safety, government, and other customers. - What is Drone Nerds’ Always Flying™ program?
According to company descriptions, Drone Nerds’ Always Flying™ program is designed to provide reliability, uptime, and operational assurance for enterprise drone implementations. It supports customers that deploy drones in mission-critical environments across industries such as public safety, government, agriculture, construction, insurance, energy, and infrastructure. - What is Inpixon’s role within XTI Aerospace?
Inpixon is described by XTI Aerospace as a leader in real-time location systems (RTLS) technology. Its location intelligence solutions are used by customers in factories and other industrial facilities to help optimize operations, increase productivity, and enhance safety by tracking assets and activities in real time. - On which exchange does XTIA trade?
SEC filings state that XTI Aerospace, Inc.’s common stock trades on The Nasdaq Capital Market under the ticker symbol XTIA. - How did XTI Aerospace originate?
A definitive proxy statement explains that on March 12, 2024, the company then known as Inpixon completed a merger with XTI Aircraft Company. Following the merger, the surviving entity changed its corporate name to XTI Aerospace, Inc. and continued as the parent company of the combined businesses. - What customer sectors does XTI Aerospace serve?
Company press releases indicate that XTI’s businesses serve a range of sectors. Drone Nerds works with commercial, enterprise, public safety, government, and defense customers, as well as industries such as agriculture, construction, insurance, energy, and infrastructure. Inpixon’s RTLS solutions are used in factories and industrial facilities, while the TriFan 600 is aimed at business aviation and other vertical flight applications. - How does XTI Aerospace describe the Vertical Economy?
XTI Aerospace uses the term "Vertical Economy" to refer to an emerging ecosystem around manned and unmanned vertical flight and intelligent aerospace technologies. The company positions the TriFan 600, its UAS platform, and its AI and autonomy collaborations as components of this broader vertical-flight-focused framework. - Is XTI Aerospace involved with artificial intelligence and autonomy?
Yes. Public announcements describe collaborations with Valkyrie AI and the Valkyrie Vanguard Platform to integrate mesh intelligence, applied AI, and intelligent system architectures into the TriFan aircraft family and future VTOL platforms. The company has also appointed an Executive Vice President of Technology to oversee these efforts.