XTI Aerospace Stock Price, News & Analysis

XTI Aerospace (NASDAQ: XTIA) has appointed Steve Griessel, former Group CEO of Paramount Group Ltd., to its Corporate Advisory Board. This strategic appointment aligns with growing recognition of VTOL aircraft as a national priority and strengthens XTI's position in defense markets. Griessel brings over 40 years of leadership experience in defense, aerospace, and other sectors, currently serving as CEO of Copperstone Capital Partners. At Paramount Group, he successfully transformed the company into a global OEM with operations in 25+ countries. His expertise will support XTI's TriFan 600 development, which combines helicopter-like vertical lift capabilities with fixed-wing aircraft performance. The appointment aims to accelerate XTI's expansion in both commercial and defense verticals, particularly focusing on mission-critical markets.

XTI Aerospace (NASDAQ: XTIA) responds to President Trump's Executive Order aimed at boosting domestic drone production and advanced air mobility. The order establishes an eVTOL Integration Pilot Program, accelerates FAA rulemaking, and streamlines regulations for VTOL aircraft development. XTI's TriFan 600, a VTOL aircraft with 1,000-mile range and 300+ mph speed capability, is positioned to serve military, commercial, and public sector needs. The Executive Order includes key benefits: mandated BVLOS rules within 30 days, reduced regulatory barriers, access to federal test ranges, preference for U.S.-made aircraft in federal procurement, and promotion of U.S. VTOL technology exports. The company plans to pursue admission into the pilot program, viewing the order as validation of VTOL's importance in future air mobility.

XTI Aerospace (NASDAQ: XTIA) has appointed Dr. Alex Williams as Senior Advisor to provide strategic guidance on R&D, advanced manufacturing, and technology integration for their xVTOL and powered-lift aircraft solutions. Dr. Williams brings significant expertise from his roles at Pratt & Whitney, where he led propulsion programs for NASA and the U.S. Air Force, and Apple, where he spent nearly a decade managing advanced research facilities. His work at Apple was instrumental in developing materials and manufacturing processes for products like the iPhone, Apple Watch, and Mac. With a Ph.D. in Mechanical Engineering from Georgia Tech specializing in manufacturing technologies and biofuels, Dr. Williams will help advance XTI's mission in the Vertical Economy.

XTI Aerospace (NASDAQ: XTIA) announces an upcoming investor webinar on June 11, 2025, at 4:15 p.m. ET, hosted by RedChip Companies and featuring CEO Scott Pomeroy. The presentation will focus on the company's TriFan 600 VTOL aircraft and its strategy in the regional air mobility market. XTI has secured $3 billion in conditional pre-orders and is targeting a market projected by Morgan Stanley to reach $9 trillion by 2050. The company operates on a dual-revenue model, combining its aviation program with Inpixon RTLS technology. The webinar will cover engineering progress, FAA certification status, and include a Q&A session. The event is free to attend, and a recording will be available until September 12, 2025.

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.