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XTI Aerospace Completes General Familiarization Presentation of TriFan 600 Vertical Lift Crossover Airplane (VLCA) to FAA

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XTI Aerospace (XTIA) completed a General Familiarization presentation of its TriFan 600 aircraft to the FAA on November 14, 2024, marking a significant milestone toward FAA Type Certification. The presentation, attended by over 60 FAA representatives, showcased the aircraft's innovative design, systems, and vertical lift capabilities.

The TriFan 600 represents a new category of aircraft called vertical lift crossover airplane (VLCA), combining helicopter-like takeoff and landing capabilities with fixed-wing airplane efficiency. XTI has been collaborating with the FAA's Center for Emerging Concepts & Innovation division on developing certification guidelines for powered-lift aircraft. The aircraft is designed for various applications, including advanced air mobility, regional transportation, emergency medical services, and corporate travel.

XTI Aerospace (XTIA) ha completato una presentazione di Familiarizzazione Generale del suo aereo TriFan 600 presso la FAA il 14 novembre 2024, segnando un traguardo significativo verso la Certificazione di Tipo FAA. La presentazione, a cui hanno partecipato oltre 60 rappresentanti della FAA, ha messo in mostra il design innovativo dell'aereo, i sistemi e le capacità di decollo verticale.

Il TriFan 600 rappresenta una nuova categoria di aerei chiamata aereo a decollo verticale ibrido (VLCA), combinando capacità di decollo e atterraggio simili a quelle degli elicotteri con l'efficienza degli aerei ad ala fissa. XTI ha collaborato con la divisione del Centro per Concetti Emergenti e Innovazione della FAA per sviluppare linee guida di certificazione per aerei a sollevamento motorizzato. L'aereo è progettato per varie applicazioni, tra cui mobilità aerea avanzata, trasporti regionali, servizi medici di emergenza e viaggi aziendali.

XTI Aerospace (XTIA) completó una presentación de Familiarización General de su aeronave TriFan 600 ante la FAA el 14 de noviembre de 2024, marcando un hito significativo hacia la Certificación de Tipo de la FAA. La presentación, a la que asistieron más de 60 representantes de la FAA, mostró el diseño innovador de la aeronave, sus sistemas y sus capacidades de despegue vertical.

El TriFan 600 representa una nueva categoría de aeronaves llamada avión de cruce de despegue vertical (VLCA), que combina capacidades de despegue y aterrizaje similares a las de un helicóptero con la eficiencia de un avión de alas fijas. XTI ha estado colaborando con la división del Centro para Conceptos Emergentes e Innovación de la FAA en el desarrollo de pautas de certificación para aeronaves de elevación motorizada. La aeronave está diseñada para diversas aplicaciones, incluidas la movilidad aérea avanzada, el transporte regional, los servicios médicos de emergencia y los viajes corporativos.

XTI Aerospace (XTIA)는 2024년 11월 14일 FAA에 자사의 항공기 TriFan 600에 대한 일반 친숙성 발표회를 완료하였으며, 이는 FAA 유형 인증을 향한 중요한 이정표를 구성합니다. 60명 이상의 FAA 대표들이 참석한 이 발표에서는 항공기의 혁신적인 설계, 시스템 및 수직 이착륙 능력이 소개되었습니다.

TriFan 600은 수직 이착륙 크로스오버 비행기(VLCA)라는 새로운 항공기 범주를 나타내며, 헬리콥터와 유사한 이착륙 및 착륙 능력과 고정익 비행기의 효율성을 결합합니다. XTI는 FAA의 신흥 개념 및 혁신 센터와 협력하여 동력 상승 항공기 인증 지침 개발에 노력하고 있습니다. 이 항공기는 고급 항공 이동성, 지역 교통, 응급 의료 서비스 및 기업 여행 등 다양한 용도로 설계되었습니다.

XTI Aerospace (XTIA) a achevé le 14 novembre 2024 une présentation de Familiarisation Générale de son aéronef TriFan 600 devant la FAA, marquant une étape importante vers la Certification de Type de la FAA. La présentation, à laquelle ont assisté plus de 60 représentants de la FAA, a mis en avant le design innovant de l'aéronef, ses systèmes et ses capacités de décollage vertical.

Le TriFan 600 représente une nouvelle catégorie d'aéronefs appelée avion de croisement à décollage vertical (VLCA), combinant des capacités de décollage et d'atterrissage semblables à celles d'un hélicoptère avec l'efficacité d'un avion à voilure fixe. XTI collabore avec la division du Centre pour les Concepts Émergents et l'Innovation de la FAA pour développer des lignes directrices de certification pour les aéronefs à levée motorisée. L'aéronef est conçu pour diverses applications, y compris la mobilité aérienne avancée, le transport régional, les services médicaux d'urgence et les voyages d'affaires.

XTI Aerospace (XTIA) hat am 14. November 2024 eine allgemeine Vertrautmachungspräsentation seines Flugzeugs TriFan 600 bei der FAA abgeschlossen, was einen bedeutenden Meilenstein auf dem Weg zur FAA-Typzulassung markiert. An der Präsentation nahmen über 60 Vertreter der FAA teil, die das innovative Design, die Systeme und die vertikalen Start- und Landefähigkeiten des Flugzeugs präsentierten.

Das TriFan 600 repräsentiert eine neue Kategorie von Flugzeugen, die als vertikale Start- und Landekreuzer (VLCA) bezeichnet wird, und kombiniert Hubschrauber-ähnliche Start- und Landefähigkeiten mit der Effizienz von Verkehrsflugzeugen. XTI arbeitet mit der Abteilung für aufkommende Konzepte und Innovation der FAA an der Entwicklung von Zertifizierungsrichtlinien für angetriebene Aufstiegflugzeuge. Das Flugzeug ist für verschiedene Anwendungen konzipiert, darunter fortschrittliche Luftmobilität, regionaler Transport, Notfalldienste im medizinischen Bereich und Geschäftsreisen.

Positive
  • Achieved key milestone in FAA Type Certification process
  • Successfully presented to 60+ FAA representatives
  • Contributing to development of certification guidelines for new aircraft category
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Insights

The General Familiarization presentation to the FAA represents a foundational step in the certification process for XTI's TriFan 600, but it's important to understand this is just an early milestone. The involvement of over 60 FAA representatives indicates serious regulatory attention, though significant technical and regulatory hurdles remain ahead.

The company's collaboration with the FAA's Center for Emerging Concepts & Innovation division in developing certification guidelines is strategically important, potentially streamlining future approvals. However, bringing a novel aircraft category like the VLCA to market typically requires extensive testing, validation and regulatory compliance that can span several years.

The TriFan 600's ducted fan propulsion technology and VTOL capabilities position it uniquely in the emerging advanced air mobility market, but achieving type certification for such an innovative design will be complex and resource-intensive.

While XTI Aerospace's progress with FAA engagement is noteworthy, the market implications remain speculative at this early stage. The addressable market spans multiple segments including corporate travel, EMS and regional transportation, suggesting diverse revenue potential. However, with a relatively small market cap of $9.37 million, the company faces significant funding challenges to bring the TriFan 600 through certification and into production.

The advanced air mobility sector is becoming increasingly competitive, with numerous players developing various VTOL solutions. XTI's success will depend not only on technical execution but also on securing sufficient capital for development and certification costs, which typically run into hundreds of millions of dollars for new aircraft programs.

ENGLEWOOD, Colo., Dec. 10, 2024 /PRNewswire/ -- XTI Aerospace, Inc. ("XTI") (Nasdaq: XTIA), a pioneer in advanced aircraft design, today announced that XTI conducted a General Familiarization ("Gen Fam") presentation for the TriFan 600 with the Federal Aviation Administration (FAA) on November 14, 2024. This presentation is a key milestone in the journey toward FAA Type Certification for the TriFan 600 and included more than 60 FAA representatives including members from the Central Certification Office and subject matter experts from across the nation.

Over the past few years, XTI has worked with the FAA's Center for Emerging Concepts & Innovation division (AIR-650) to provide input toward the development of the draft Advisory Circular 21.17-4 "Type Certification - Powered-lift," which guides the TriFan 600's certification process. The Gen Fam meeting served to provide the FAA with a detailed overview of the TriFan 600's innovative and advanced design, systems, performance parameters, and vertical lift capabilities. During the presentation, XTI also covered a range of technical areas, including the TriFan 600's safety features and its novel ducted fan propulsion technology.  

The TriFan 600 represents a new generation of vertical takeoff and landing (VTOL) aircraft, seamlessly combining the capabilities of taking off and landing like a helicopter with flying as efficiently as a fixed-wing airplane. This new category of aircraft, the vertical lift crossover airplane ("VLCA"), represents a transformative solution for a variety of applications, including advanced air mobility, regional transportation, emergency medical services (EMS), and corporate travel.  

Scott Pomeroy, CEO of XTI, expressed his enthusiasm for reaching this milestone, stating, "Completion of the Gen Fam presentation is a significant step forward for the TriFan 600 and our vision for transforming air travel. We're honored to collaborate closely with the FAA as we work to advance the TriFan 600 toward our Type Certification goal."

Don Purdy, SVP of Business & Program Development, added, "The Gen Fam meeting provided us with an excellent opportunity to demonstrate to the FAA how the TriFan 600 will address the critical commodity of 'time.' We believe that the TriFan will offer our customers the ability to enjoy efficient point-to-point travel, enhance business speed, and be a transformative solution for a variety of applications, including advanced air mobility, regional transportation, and emergency medical services."

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 up to 345 mph and a range of approximately 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 HangerXStudios.com (an aviation innovation podcast), and follow the company on LinkedIn, Instagram, 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 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

XTI recently conducted a General Familiarization presentation of the TriFan 600 vertical lift crossover airplane to 60+ FAA representatives in attendance (PRNewsfoto/XTI Aerospace, Inc.)

 

 

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SOURCE XTI Aerospace, Inc.

FAQ

When did XTI Aerospace (XTIA) complete its FAA General Familiarization presentation for the TriFan 600?

XTI Aerospace completed its FAA General Familiarization presentation for the TriFan 600 on November 14, 2024.

What type of aircraft is the XTI Aerospace (XTIA) TriFan 600?

The TriFan 600 is a vertical lift crossover airplane (VLCA) that combines vertical takeoff and landing capabilities like a helicopter with fixed-wing airplane efficiency.

What are the intended applications for XTI Aerospace's (XTIA) TriFan 600?

The TriFan 600 is designed for advanced air mobility, regional transportation, emergency medical services (EMS), and corporate travel.

XTI Aerospace, Inc.

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