XTI Aerospace
XTIA

$0.31

1.52%

Market Cap: 8.36M

About: XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS). The Company's operations are located primarily in the United States, Germany, and the United Kingdom.

Employees: 50

Information Technology Computer Programming Services

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Funds holding %

of 6,702 funds

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Analysts bullish %

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News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

16,772,200% more capital invested

Capital invested by funds: $0 [Q4 2023] → $168K (+$168K) [Q1 2024]

1,700% more funds holding

Funds holding: 0 [Q4 2023] → 17 (+17) [Q1 2024]

1,700% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 0

4.41% more ownership

Funds ownership: 0% [Q4 2023] → 4.41% (+4.41%) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for XTIA.

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Financial journalist opinion

XTI Aerospace Signs Capital Distribution Agreement for Proposed Investment of up to $55 Million at $275 Million Valuation

Investment Expected to Significantly Accelerate Development of Revolutionary TriFan 600 Long-Range Civilian Fixed-Wing VTOL Business Aircraft, if Successfully Consummated ENGLEWOOD, Colo. , July 1, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI" or the "Company") today announced that it has entered into an agreement with FC Imperial Limited ("FCIL"), an affiliate of a private global investment consortium, FinExic Concordia Group, ("FCG" or "Investor Consortium"), for a proposed strategic equity investment for shares of convertible preferred stock (the "Investment") of up to $55 million (the "Maximum Amount") at a post-money valuation of $275 million (the "Locked Valuation"), with the successful consummation of the entire transaction process.

XTI Aerospace Signs Capital Distribution Agreement for Proposed Investment of up to $55 Million at $275 Million Valuation

XTI Aerospace Files New U.S. Patent Application on Innovations and Submits Global PCT Patent Application for the TriFan 600 Vertical Takeoff Airplane

ENGLEWOOD, Colo. , June 12, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI Aerospace" or the "Company") today announced that its subsidiary, XTI Aircraft Company ("XTI Aircraft"), submitted a patent application (non-provisional) with the U.S. Patent and Trade Office and filed notice with the 157 countries participating in the Patent Cooperation Treaty for innovations related to the TriFan 600, XTI Aircraft's fixed-wing, vertical takeoff and landing (VTOL) aircraft currently in development.

XTI Aerospace Files New U.S. Patent Application on Innovations and Submits Global PCT Patent Application for the TriFan 600 Vertical Takeoff Airplane

XTI Aerospace Announces Mesa Airlines' Investment in XTI and Conditional Pre-Order for 100 TriFan 600 Aircraft

ENGLEWOOD, Colo. , June 5, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace" or the "Company") today announced that Mesa Air Group, Inc. ("Mesa") (Nasdaq: MESA) ("Mesa"), the holding company of regional air carrier Mesa Airlines, is the purchaser under a previously disclosed conditional purchase order with XTI Aircraft Company ("XTI"), a wholly-owned subsidiary of the Company, for up to 100 TriFan 600 aircraft, a fixed-wing, vertical lift crossover airplane (VLCA), which is currently in development.

XTI Aerospace Announces Mesa Airlines' Investment in XTI and Conditional Pre-Order for 100 TriFan 600 Aircraft

XTI Aerospace Signs Letter of Intent with AVX Aircraft Company for Further Design and Development of the TriFan 600 Vertical Lift Crossover Airplane

Definitive Agreement is Expected to Shorten Timeline and Reduce Costs Related to Design, Development and Certification of XTI's TriFan 600 ENGLEWOOD, Colo. , June 4, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI Aerospace", or the "Company") today announced that its subsidiary, XTI Aircraft Company ("XTI Aircraft"), has signed a Letter of Intent ("LOI") with AVX Aircraft Company ("AVX"), a leader in advanced vertical lift solutions, to provide development, design, and certification services to support XTI Aircraft's proprietary and patented TriFan 600, a fixed-wing aircraft with vertical takeoff and landing ("VTOL") capability.

XTI Aerospace Signs Letter of Intent with AVX Aircraft Company for Further Design and Development of the TriFan 600 Vertical Lift Crossover Airplane

XTI Aerospace to Present at the Spring MicroCap Rodeo Conference on June 6

ENGLEWOOD, Colo. , May 29, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI" or the "Company") today announced that it will be participating in the Spring MicroCap Rodeo Conference being held Thursday, June 6, 2024, in New York City.

XTI Aerospace to Present at the Spring MicroCap Rodeo Conference on June 6

XTI Aerospace CEO to be Interviewed Live on Benzinga All Access Today at Approximately 11:00 AM Eastern Time

ENGLEWOOD, Colo. , May 21, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI" or the "Company") today announced that Scott Pomeroy, Chief Executive Officer of XTI Aerospace, will be a featured guest on the Benzinga All Access show.

XTI Aerospace CEO to be Interviewed Live on Benzinga All Access Today at Approximately 11:00 AM Eastern Time

XTI Aerospace Files Form 10-Q for Quarter Ended March 31, 2024

ENGLEWOOD, Colo. , May 20, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI" or the "Company") today announces filing its quarterly report on Form 10-Q for the quarter ended March 31, 2024 as well as provides a business update.

XTI Aerospace Files Form 10-Q for Quarter Ended March 31, 2024

XTI Aerospace Appoints Accomplished Finance and Strategic Planning Executive Tensie Axton to its Board of Directors

ENGLEWOOD, Colo. , May 15, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI Aerospace" or the "Company") today announced that it has appointed Ms.

XTI Aerospace Appoints Accomplished Finance and Strategic Planning Executive Tensie Axton to its Board of Directors

XTI Aerospace Files Form 10-K for Fiscal 2023 and Recaps Recent Developments

XTI Aerospace Began Trading on the Nasdaq Under Ticker "XTIA" on March 13, 2024 Following Successful Merger ENGLEWOOD, Colo. , April 16, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI Aerospace" or the "Company") announces filing its form 10-K for the 2023 fiscal year as well as provides a recap of recent achievements.

XTI Aerospace Files Form 10-K for Fiscal 2023 and Recaps Recent Developments

Why Is XTI Aerospace (XTIA) Stock Up 89% Today?

XTI Aerospace (NASDAQ: XTIA ) stock is on the rise Tuesday alongside heavy trading of the vertical takeoff airplane manufacturing company's shares. This has more than 6.2 million shares of the company's stock changing hands as of this writing.

Why Is XTI Aerospace (XTIA) Stock Up 89% Today?

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