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XTI Aerospace Appoints Tobin Arthur as Chief Strategy Officer

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XTI Aerospace (NASDAQ: XTIA) has appointed Tobin Arthur as Chief Strategy Officer, effective September 19, 2024. In this new role, Arthur will guide the company's vision and oversee sales, marketing, and investor relations. He brings over 30 years of experience in corporate strategy and innovation, including roles at Starbucks Coffee and in the healthcare sector with companies like CureUs and AngelMD.

Arthur's background includes investing in and advising over 200 startups, launching the Innovation4Alpha podcast, and consulting across various sectors. He holds a Bachelor of Arts in English from the University of Southern California. XTI's Chairman and CEO, Scott Pomeroy, praised Arthur's ability to anticipate market trends and build teams. Arthur expressed enthusiasm for XTI's potential to revolutionize aviation with its TriFan 600, combining business aircraft capabilities with vertical take-off and landing (VTOL) technology.

XTI Aerospace (NASDAQ: XTIA) ha nominato Tobin Arthur Chief Strategy Officer, con effetto dal 19 settembre 2024. In questo nuovo ruolo, Arthur guiderà la visione dell'azienda e superviserà le vendite, il marketing e le relazioni con gli investitori. Porta con sé oltre 30 anni di esperienza nella strategia aziendale e nell'innovazione, inclusi ruoli presso Starbucks Coffee e nel settore sanitario con aziende come CureUs e AngelMD.

Il background di Arthur include investimenti e consulenze per oltre 200 startup, il lancio del podcast Innovation4Alpha e consulenze in vari settori. Ha conseguito una laurea in lingua inglese presso l'Università della California del Sud. Il presidente e CEO di XTI, Scott Pomeroy, ha lodato l'abilità di Arthur di anticipare le tendenze di mercato e costruire team. Arthur ha espresso entusiasmo per il potenziale di XTI di rivoluzionare l'aviazione con il suo TriFan 600, che combina capacità di aerei aziendali con la tecnologia di decollo e atterraggio verticale (VTOL).

XTI Aerospace (NASDAQ: XTIA) ha designado a Tobin Arthur como Director de Estrategia, con efecto a partir del 19 de septiembre de 2024. En este nuevo rol, Arthur guiará la visión de la empresa y supervisará ventas, marketing y relaciones con inversores. Aporta más de 30 años de experiencia en estrategia corporativa e innovación, incluidos roles en Starbucks Coffee y en el sector de la salud con empresas como CureUs y AngelMD.

La trayectoria de Arthur incluye inversiones y asesoramiento a más de 200 startups, el lanzamiento del podcast Innovation4Alpha y consultorías en varios sectores. Tiene una licenciatura en Artes en inglés de la Universidad del Sur de California. El presidente y CEO de XTI, Scott Pomeroy, elogió la capacidad de Arthur para anticipar tendencias del mercado y construir equipos. Arthur expresó entusiasmo por el potencial de XTI para revolucionar la aviación con su TriFan 600, que combina capacidades de aeronaves empresariales con tecnología de despegue y aterrizaje vertical (VTOL).

XTI Aerospace (NASDAQ: XTIA)는 Tobin Arthur를 최고 전략 책임자로 임명했습니다. 2024년 9월 19일부터 효력이 발생합니다. 이 새로운 역할에서 아서는 회사의 비전을 이끌고 판매, 마케팅 및 투자자 관계를 감독할 것입니다. 그는 Starbucks Coffee 및 CureUs와 AngelMD와 같은 회사에서의 역할을 포함하여 30년 이상의 기업 전략 및 혁신 경험을 보유하고 있습니다.

아서의 배경은 200개 이상의 스타트업에 투자하고 자문을 제공하며, Innovation4Alpha 팟캐스트를 시작하고 다양한 분야에서 컨설팅을 하는 것을 포함합니다. 그는 남부 캘리포니아 대학교에서 영어 학사 학위를 취득했습니다. XTI의 회장 겸 CEO인 Scott Pomeroy는 아서가 시장 동향을 예측하고 팀을 구성하는 능력을 칭찬했습니다. 아서는 XTI의 TriFan 600이 수직 이착륙 및 착륙(VTOL) 기술과 비즈니스 항공기 기능을 결합하여 항공 분야에 혁신을 가져올 잠재력에 대해 열정을 표현했습니다.

XTI Aerospace (NASDAQ: XTIA) a nommé Tobin Arthur au poste de Directeur de la Stratégie, avec effet au 19 septembre 2024. Dans ce nouveau rôle, Arthur guidera la vision de l'entreprise et supervisera les ventes, le marketing et les relations avec les investisseurs. Il apporte plus de 30 ans d'expérience en stratégie d'entreprise et en innovation, y compris des postes chez Starbucks Coffee et dans le secteur de la santé avec des entreprises telles que CureUs et AngelMD.

Le parcours d'Arthur inclut des investissements dans et des conseils à plus de 200 startups, le lancement du podcast Innovation4Alpha et des consultations dans divers secteurs. Il est titulaire d'une licence en anglais de l'Université de Californie du Sud. Le président et PDG de XTI, Scott Pomeroy, a salué la capacité d'Arthur à anticiper les tendances du marché et à constituer des équipes. Arthur a exprimé son enthousiasme pour le potentiel d'XTI à révolutionner l'aviation avec son TriFan 600, combinant des capacités d'avions d'affaires avec la technologie de décollage et d'atterrissage vertical (VTOL).

XTI Aerospace (NASDAQ: XTIA) hat Tobin Arthur zum Chief Strategy Officer ernannt, wirksam ab dem 19. September 2024. In dieser neuen Rolle wird Arthur die Vision des Unternehmens lenken und die Bereiche Vertrieb, Marketing und Investor Relations überwachen. Er bringt über 30 Jahre Erfahrung in der Unternehmensstrategie und Innovation mit, einschließlich Rollen bei Starbucks Coffee und im Gesundheitssektor mit Unternehmen wie CureUs und AngelMD.

Arthur's Hintergrund umfasst Investitionen in und Beratung für über 200 Startups, die Einführung des Podcasts Innovation4Alpha und Beratungen in verschiedenen Sektoren. Er hat einen Bachelor of Arts in Englisch von der University of Southern California. Der Chairman und CEO von XTI, Scott Pomeroy, lobte Arthurs Fähigkeit, Markttrends vorherzusehen und Teams aufzubauen. Arthur äußerte seine Begeisterung für das Potenzial von XTI, die Luftfahrt mit dem TriFan 600 zu revolutionieren, das die Fähigkeiten von Geschäftsluftfahrzeugen mit vertikalen Start- und Landetechnologien (VTOL) kombiniert.

Positive
  • Appointment of experienced Chief Strategy Officer with 30+ years in innovation and corporate strategy
  • New CSO brings expertise from diverse sectors including aviation, healthcare, and technology
  • Potential for improved sales, marketing, and investor relations strategies
Negative
  • None.

ENGLEWOOD, Colo., Sept. 23, 2024 /PRNewswire/ --XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI" or the "Company") today announced the appointment of Tobin Arthur as Chief Strategy Officer, effective as of September 19, 2024. In this new role, Mr. Arthur will help guide the Company's vision and oversee its sales, marketing, and investor relations.

Tobin Arthur brings over thirty years of experience in helping companies develop and implement corporate strategies focused on innovation. Early in his career, he helped Starbucks Coffee bring disruptive innovation to the market as it became a rapidly growing public company. After his time at Starbucks, Mr. Arthur shifted his focus to the healthcare sector, where he spent the last decade building companies such as CureUs and AngelMD. CureUs, later acquired by Springer Nature, is a pioneering medical publishing platform that allows authors to retain their copyrights while making medical science more accessible. AngelMD is a large online community that connects thousands of startups with clinicians and investors.

Mr. Arthur's experience has enabled him to invest in, and/or advise, over 200 startups and collaborate closely with entrepreneurs to accelerate their ventures. In 2018, he launched the podcast Innovation4Alpha, which evolved into a consulting and investment firm focused on ventures across sectors including ag-tech, security, real estate, healthcare, and aviation. Mr. Arthur holds a Bachelor of Arts degree in English from the University of Southern California.

"I have known Tobin for many years, and his ability to anticipate market trends and build teams to turn vision into reality will be invaluable as XTI executes its strategy to disrupt the aviation marketplace," said Scott Pomeroy, Chairman and CEO of XTI.

"I have been passionate about aviation and innovation for as long as I can remember," said Tobin Arthur, Chief Strategy Officer of XTI. "I believe what makes XTI unique is its position to lead a significant shift in aviation by combining the range and speed of business aircraft with vertical take-off and landing (VTOL) capabilities. Innovation is at the heart of XTI and the TriFan 600, from its take-off and landing technology to its interior design, safety features, and how XTI seamlessly integrates with vendor partners. I believe that XTI has immense potential to revolutionize commercial, military, and medical aviation."

About XTI Aerospace, Inc.

XTI Aerospace (XTIAerospace.com) (NASDAQ: XTIA) is the parent company of XTI Aircraft Company, an aviation business based near Denver, Colorado, currently developing the TriFan 600, a fixed-wing business aircraft designed to have the vertical takeoff and landing (VTOL) capability of a helicopter, speeds of 345 mph and a range of 700 miles, creating an entirely new category – the vertical lift crossover airplane (VLCA). Additionally, the Inpixon (inpixon.com) business unit of XTI Aerospace is a leader in real-time location systems (RTLS) technology with customers around the world who use the company's location intelligence solutions in factories and other industrial facilities to help optimize operations, increase productivity, and enhance safety. For more information about XTI Aerospace, please visit XTIAerospace.com, and follow the company on LinkedIn, X, and YouTube.

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.

FAQ

Who is XTI Aerospace's new Chief Strategy Officer?

XTI Aerospace (NASDAQ: XTIA) has appointed Tobin Arthur as its new Chief Strategy Officer, effective September 19, 2024.

What experience does Tobin Arthur bring to XTI Aerospace (XTIA)?

Tobin Arthur brings over 30 years of experience in corporate strategy and innovation, including roles at Starbucks Coffee, healthcare companies like CureUs and AngelMD, and advising over 200 startups across various sectors.

What will be Tobin Arthur's responsibilities at XTI Aerospace (XTIA)?

As Chief Strategy Officer at XTI Aerospace, Tobin Arthur will guide the company's vision and oversee sales, marketing, and investor relations.

What is XTI Aerospace's (XTIA) main product focus?

XTI Aerospace is focused on developing the TriFan 600, an aircraft that combines the range and speed of business aircraft with vertical take-off and landing (VTOL) capabilities.

XTI Aerospace, Inc.

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