Welcome to our dedicated page for Inpixon news (Ticker: INPX), a resource for investors and traders seeking the latest updates and insights on Inpixon stock.
Inpixon® (Nasdaq: INPX) is a leader in indoor positioning and data analytics, helping organizations create safer and more efficient environments through cutting-edge technology. The company's innovative solutions include sensors designed to detect all accessible cellular, Wi-Fi, and Bluetooth devices anonymously. These sensors, when paired with Inpixon's high-performance data analytics platform, provide comprehensive visibility, security, and business intelligence for various commercial and government premises globally.
Inpixon's range of products and infrastructure solutions harnesses the power of mobile technology, big data, analytics, and the Internet of Things (IoT) to uncover the untold stories of indoor spaces. The company's professional services group assists customers in leveraging their indoor data to enhance operations, increase productivity, and ensure safety.
Inpixon's recent milestones include significant progress in mergers and acquisitions. The company has entered into agreements with two transportation disruptors: XTI Aircraft Company and Damon Motors Inc. XTI Aircraft is developing the TriFan 600, a revolutionary fixed-wing, vertical lift crossover airplane, with over 700 pre-orders representing potential gross revenues exceeding $7 billion. Following the merger, Inpixon will be renamed XTI Aerospace, and the new entity will trade under the ticker symbol XTIA.
Additionally, Inpixon is planning a spin-off of its newly formed subsidiary, Grafiti Holding, which will merge with Damon Motors. Damon is known for its advanced electric motorcycles, such as the HyperSport, which boasts over $85 million in pre-production consumer reservations. This merger aims to propel Damon’s innovative motorcycles into the market while maximizing shareholder value.
Financially, for the quarter ended September 30, 2023, Inpixon reported revenues of $2.0 million and a gross profit margin of 78%, reflecting improved operations despite an operating loss due to strategic transaction costs. With over $13.5 million in cash and equivalents, Inpixon remains focused on managing expenses carefully.
For the latest insights on Inpixon's innovative indoor positioning and data analytics solutions, follow the company on LinkedIn or X and visit inpixon.com.
Inpixon (Nasdaq: INPX) reported new and follow-on orders totaling approximately $2.6 million for its Indoor Intelligence platform in Q3 2020. The company highlighted the diverse application of its sensor technology across sectors such as government and telecommunications, indicating a growing demand for operational efficiencies and safety enhancements. CEO Nadir Ali expressed optimism regarding an increase in adoption due to the company's national advertising campaign and expanding partner relationships.
Inpixon (Nasdaq: INPX) announced the certification of its RF Video Connector by Genetec, integrating it with Genetec's Security Center Omnicast. This partnership enhances video management capabilities, aiding law enforcement in identifying suspects even when their faces are obscured, especially during the COVID-19 pandemic. The solution employs sensor fusion technology, providing tools for wireless device detection, video correlation, and automated alerts. Inpixon's COO highlighted that existing infrastructure can leverage this technology, targeting broader adoption in security operations.
Inpixon (Nasdaq: INPX) announced a multi-year reseller agreement with GASCOM, enhancing its reach into Central America and Mexico. This partnership will leverage GASCOM's extensive network and expertise in the region to promote Inpixon's Indoor Intelligence™ solutions, including its newly FCC-certified sensor technologies. The collaboration aims to meet specific needs of three identified clients, predominantly in government and healthcare sectors, particularly in response to economic challenges posed by COVID-19. Inpixon positions itself as a leader in providing high-accuracy location services in this growing market.
Inpixon (Nasdaq: INPX) announces a collaboration with FSI, a leader in facility management solutions. This partnership aims to enhance indoor safety and efficiency through integrated workplace management systems and indoor mapping technologies. The focus is on tackling pandemic-related challenges by optimizing air quality, cleaning efforts, and space reconfiguration. The global facility management market is valued at $39.5 billion, presenting significant growth opportunities. Inpixon's Indoor Intelligence platform will complement FSI's solutions to address diverse operational needs.
PALO ALTO, CA and TORONTO / ACCESSWIRE / August 27, 2020 / Inpixon (NASDAQ: INPX) announced its participation in The LD 500 Investor conference, taking place virtually from September 1-4, 2020. CEO Nadir Ali is set to present on September 2 at 2:00 p.m. Eastern Time, with a live webcast available on the conference platform. Attendees can schedule one-on-one meetings via video calls. Inpixon specializes in Indoor Intelligence solutions, leveraging indoor data for actionable insights across various industries. For more details, visit Inpixon's profile on LD Micro.
Inpixon (Nasdaq: INPX) has partnered with The CXApp to enhance digital contact tracing and social distancing solutions for businesses, aiming to address challenges in workplace reentry due to COVID-19. This collaboration combines Inpixon's Indoor Intelligence platform, which utilizes wireless device data for contact tracing and occupancy assessment, with The CXApp's peer-to-peer social distancing alerts. Both companies are part of Lenovo's ThinkIoT Back to Work Solutions ecosystem, providing complementary tools designed to improve workplace safety and compliance with health guidelines.
Inpixon (Nasdaq: INPX), an indoor data solutions provider, announced receiving FCC certification for its new multi-technology sensor. This certification follows the earlier approval of their UWB module. CEO Nadir Ali highlighted the sensor's unique capabilities to detect cellular, Wi-Fi, BLE, and UWB signals, integrated with an Indoor Intelligence platform for precise device positioning. The technology enables various applications, including cybersecurity and asset tracking. MarketsandMarkets projects a significant growth in location-based services (LBS), forecasting an increase from USD 17.8 billion in 2020 to USD 39.2 billion by 2025.
Inpixon (Nasdaq: INPX) announced the acquisition of on-device indoor location technologies from Ten Degrees, enhancing its Indoor Intelligence platform. The deal includes patents, trademarks, and software, enabling precise location tracking without relying on internet or GPS. This technology integrates various smartphone sensors for accurate indoor positioning and expands Inpixon's capabilities in areas like workforce safety and customer engagement. The acquisition is expected to open new market opportunities.
FAQ
What is the market cap of Inpixon (INPX)?
What is Inpixon's core business?
What recent strategic moves has Inpixon made?
What is the significance of the merger with XTI Aircraft?
What does Inpixon's partnership with Damon Motors involve?
How has Inpixon's financial performance been in recent quarters?
What products does Inpixon offer?
How do Inpixon's solutions benefit customers?
What are the anticipated benefits of the Damon Motors merger?
Where can I find more information about Inpixon's updates?
What is Inpixon's focus after the mergers?
