XTI Aerospace Appoints Len Urbas as Senior Vice President of Corporate Development
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) ha nominato Len Urbas come Vicepresidente Senior dello Sviluppo Aziendale. Urbas porta con sé una vasta esperienza in investment banking, private equity e crescita strategica, avendo precedentemente ricoperto il ruolo di Direttore Generale presso Waymaker Capital e Consulente Senior presso SDR Ventures.
La nomina mira a rafforzare la posizione di XTI nel mercato degli aerei a decollo e atterraggio verticale (VTOL). Secondo il Presidente e CEO Scott Pomeroy, Urbas sarà fondamentale nella strategia di raccolta di capitali dell'azienda e rappresenta l'ultimo tassello nella costruzione del loro team strategico.
Il curriculum di Urbas abbraccia diversi settori, tra cui sanità, tecnologia, servizi finanziari e aerospaziale. Nel suo nuovo ruolo, si concentrerà sull'avanzamento della missione di XTI di ridefinire i viaggi aerei e di espandere la sua presenza di mercato nel settore VTOL in rapida evoluzione.
XTI Aerospace (NASDAQ: XTIA) ha nombrado a Len Urbas como Vicepresidente Senior de Desarrollo Corporativo. Urbas aporta una amplia experiencia en banca de inversión, capital privado y crecimiento estratégico, habiendo ocupado previamente el cargo de Director General en Waymaker Capital y Asesor Senior en SDR Ventures.
El nombramiento tiene como objetivo fortalecer la posición de XTI en el mercado de despegue y aterrizaje vertical (VTOL). Según el Presidente y CEO Scott Pomeroy, Urbas será fundamental en la estrategia de recaudación de capital de la compañía y representa la pieza final en la construcción de su equipo estratégico.
El historial de Urbas abarca múltiples industrias, incluyendo salud, tecnología, servicios financieros y aeroespacial. En su nuevo rol, se centrará en avanzar la misión de XTI de redefinir los viajes aéreos y expandir su presencia en el mercado en el sector VTOL, que está evolucionando rápidamente.
XTI Aerospace (NASDAQ: XTIA)가 Len Urbas를 기업 개발의 수석 부사장으로 임명했습니다. Urbas는 Waymaker Capital의 전무이사 및 SDR Ventures의 수석 고문으로 재직하며 투자 은행, 사모펀드 및 전략적 성장 분야에서 풍부한 경험을 쌓았습니다.
이번 임명은 XTI의 수직 이착륙 및 착륙(VTOL) 시장에서의 입지를 강화하기 위한 것입니다. 스콧 포머로이 회장 겸 CEO에 따르면, Urbas는 회사의 자본 조달 전략에서 중요한 역할을 하며 전략 팀 구축의 마지막 조각을 나타냅니다.
Urbas의 경력은 의료, 기술, 금융 서비스 및 항공 우주를 포함한 여러 산업에 걸쳐 있습니다. 새로운 역할에서 그는 XTI의 항공 여행 재정의 및 빠르게 진화하는 VTOL 분야에서의 시장 존재 확대를 위해 집중할 것입니다.
XTI Aerospace (NASDAQ: XTIA) a nommé Len Urbas au poste de Vice-Président Senior du Développement Corporatif. Urbas apporte une vaste expérience en banque d'investissement, capital-investissement et croissance stratégique, ayant précédemment occupé le poste de Directeur Général chez Waymaker Capital et Conseiller Senior chez SDR Ventures.
Cette nomination vise à renforcer la position d'XTI sur le marché des décollages et atterrissages verticaux (VTOL). Selon le Président et CEO Scott Pomeroy, Urbas sera essentiel dans la stratégie de levée de fonds de l'entreprise et représente la dernière pièce dans la construction de leur équipe stratégique.
Le parcours d'Urbas couvre plusieurs secteurs, notamment la santé, la technologie, les services financiers et l'aérospatiale. Dans son nouveau rôle, il se concentrera sur l'avancement de la mission d'XTI de redéfinir le voyage aérien et d'élargir sa présence sur le marché dans le secteur VTOL en pleine évolution.
XTI Aerospace (NASDAQ: XTIA) hat Len Urbas zum Senior Vice President für Unternehmensentwicklung ernannt. Urbas bringt umfassende Erfahrung in den Bereichen Investment Banking, Private Equity und strategisches Wachstum mit, nachdem er zuvor als Geschäftsführer bei Waymaker Capital und als Senior Advisor bei SDR Ventures tätig war.
Die Ernennung zielt darauf ab, die Position von XTI im Markt für senkrecht startende und landende Flugzeuge (VTOL) zu stärken. Laut dem Vorsitzenden und CEO Scott Pomeroy wird Urbas eine entscheidende Rolle in der Kapitalbeschaffungsstrategie des Unternehmens spielen und stellt das letzte Puzzlestück im Aufbau ihres strategischen Teams dar.
Urbass Erfahrung erstreckt sich über mehrere Branchen, einschließlich Gesundheitswesen, Technologie, Finanzdienstleistungen und Luft- und Raumfahrt. In seiner neuen Rolle wird er sich darauf konzentrieren, die Mission von XTI voranzutreiben, das Fliegen neu zu definieren und die Marktpräsenz im sich schnell entwickelnden VTOL-Sektor auszubauen.
- Strategic hire with extensive investment banking and private equity experience
- Strengthening of capital raising capabilities
- Enhanced leadership team for market expansion
- None.
Mr. Urbas brings to XTI Aerospace extensive expertise in investment banking, private equity, and strategic growth. With a successful track record across industries including healthcare, technology, financial services, and aerospace, Mr. Urbas will play a key role in advancing XTI's mission to redefine air travel and expand its presence in the burgeoning vertical takeoff and landing (VTOL) market.
Prior to joining XTI Aerospace, Mr. Urbas served as Managing Director at Waymaker Capital and Senior Advisor at SDR Ventures. Throughout his career, he has led investment banking engagements, formed private equity funds, and driven strategic initiatives to support revenue and market share growth.
"Len is an outstanding addition to the XTI leadership team," said Scott Pomeroy, Chairman and CEO of XTI Aerospace. "His experience in corporate development, strategic investments, and market expansion will be vital as we continue to innovate and grow within the VTOL sector. We have been cultivating a formidable capital raising strategy and team, and Len is the final piece of the puzzle. We are confident that his leadership will further position XTI as a leader in aerospace innovation."
Commenting on his appointment, Mr. Urbas stated, "I am excited to join XTI Aerospace at such an important time in the company's development. The VTOL industry is evolving rapidly, and XTI's vision and cutting-edge technology present a tremendous opportunity to shape the future of aviation. I look forward to leveraging my experience to help XTI achieve its ambitious goals and expand its market presence."
About XTI Aerospace, Inc.
XTI Aerospace (XTIAerospace.com) (Nasdaq: XTIA) is the parent company of XTI Aircraft Company, an aviation business based near
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act. All statements other than statements of historical fact contained in this press release, including without limitation, statements about the products under development by XTI, the advantages of XTI's technology, and XTI's customers, plans and strategies are forward-looking statements.
Some of these forward-looking statements can be identified by the use of forward-looking words, including "believe," "continue," "could," "would," "will," "estimate," "expect," "intend," "plan," "target," "projects," or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by XTI Aerospace and its management, are inherently uncertain, and many factors may cause the actual results to differ materially from current expectations. XTI undertakes no obligation to revise any forward-looking statements in order to reflect events or circumstances that might subsequently arise. Readers are urged to carefully review and consider the risk factors discussed from time to time in XTI's filings with the SEC, including those factors discussed under the caption "Risk Factors" in its most recent annual report on Form 10-K, filed with the SEC on April 16, 2024, and in subsequent reports filed with or furnished to the SEC.
Contacts
General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contact/
Investor Relations:
Crescendo Communications
Tel: +1 212-671-1020
Email: XTIA@crescendo-ir.com
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SOURCE XTI Aerospace, Inc.
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