XTI Aerospace Inc (XTIA)

XTI Aerospace Reports First Quarter 2026 ResultsMay 14, 2026 8:30 AM
PR Newswire (US) DALLAS, May 14, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace," "XTI," or the "Company"), an aerospace and advanced technology platform and parent company of Drone Nerds, LLC, ("Drone Nerds"), a leading drone solutions platform serving commercial, enterprise and government customers, today announced financial results for its first quarter ended March 31, 2026, and provided an update on the Company's outlook for 2026. 2026 first quarter highlights (Inpixon results excluded and reflected in discontinued operations):Revenue of $27.7 millionGross profit of $5.1 millionGross profit as a percentage of revenue of 18.6 percent2026 Financial Outlook and Guidance(1):
The Company expects to achieve the following targets for the full year 2026:Full year 2026 revenue of $160 million or greaterFull year 2026 gross profit as a percentage of revenue of 19 percent to 21 percentBreakeven cash flow in the third quarter 2026Cash at year-end in the range of $15 million to $17 millionDrone Nerds earnings before interest, income taxes, depreciation and amortization ("EBITDA") as a percentage of revenue in the range of 9 percent to 10 percentEnd 2026 with $5 million to $10 million of availability under its asset-based lending ("ABL") facilitySecond-half of 2026 consolidated adjusted EBITDA in the range of $2 million to $3 million or greater(1) Please refer to the "Non-GAAP Measures" and Schedule 1 for the definitions and reconciliations of our Non-GAAP financial measures including "Adjusted EBITDA".2026 first quarter events:In February 2026, completed the divestiture of the Inpixon RTLS business to further streamline the Company's focus on its drone platform and core growth initiativesIn February 2026, secured $20 million Asset-Based Lending ("ABL") credit facility with JPMorgan to support growth and liquidity, subject to customary borrowing conditions, covenants and availabilityReceived approximately $7.4 million in net proceeds from the exercise of warrants during the quarterAppointed Clinton Weber and Jonathan Ornstein to XTI's Board of Directors, further enhancing the Board's aviation, aerospace and unmanned systems experience"We believe the first quarter demonstrated continued progress in repositioning XTI Aerospace around a more scalable and financially disciplined operating model," said Scott Pomeroy, Chairman and Chief Executive Officer of XTI Aerospace. "Drone Nerds continued to expand its enterprise and government engagement, pipeline activity strengthened entering the second quarter, and we continued executing against our cost reduction and operational efficiency initiatives. Our focus remains on disciplined execution, margin improvement, liquidity management, and building long-term shareholder value."Liquidity and Capital Resources
As of March 31, 2026, the Company had $15.2 million of unrestricted cash and cash equivalents, $4.6 million drawn and $8.1 million of remaining availability on the borrowing base under its credit facility.The Company expects to end the year between $15 million and $17 million in cash and cash equivalents. From a liquidity and cash flow perspective, the Company has made meaningful progress during the first quarter of 2026 and continued executing on its cost reduction and operational realignment initiatives. Adjusted EBITDA improved significantly compared to prior periods, with adjusted EBITDA loss improving from approximately negative $10 million in fourth quarter 2025 to approximately negative $5 million this quarter, reflecting the impact of actions taken to streamline operations, reduce spending and better align its cost structure with the current scale and focus of the business. The Company is on track to cross a key threshold which should result in the permanent transition from its historical cash burn to positive cash flow during the third quarter of 2026. From there, the Company expects to continue to deliver ongoing and increasing positive cash flow during its fourth quarter of 2026 and beyond.In addition, the Company expects to have between $5 million and $10 million in available capacity under its ABL facility as of December 31, 2026.Based on management's current operating plans and assumptions, including expected cash flows from the Drone Nerds business and availability under the Company's ABL credit facility, the Company believes its existing sources of liquidity are intended to support the ordinary-course operating needs of the Drone Nerds business. The Company may, however, require or seek additional capital to support strategic acquisitions and to address the Company's overall capital structure.Unaudited Supplemental Combined Financial Information
For purposes of this release, the Company defines "pro forma" as unaudited supplemental combined financial information.The Company has provided unaudited supplemental financial information of the combined company in this press release. The following financial information combines XTI and Drone Nerds historical operating results as if the businesses had been operated together on a combined basis during prior periods. This financial information is intended to illustrate the current operating footprint of the Company following the acquisition of Drone Nerds and divestiture of the Company's Industrial IoT / Real-Time Location Systems business.The unaudited supplemental combined financial information is not "pro forma" financial information as that term is used in Article 11 of Regulation S-X. The unaudited supplemental combined financial information was not prepared in accordance with Article 11 of Regulation S-X and differs from the unaudited pro forma condensed combined financial information included in the Current Report on Form 8-K/A filed with the SEC on February 9, 2026 (the "Pro Forma 8-K Filing"), which was prepared in accordance with Article 11 of Regulation S-X. The unaudited supplemental combined financial information was not prepared in accordance with Article 11 of Regulation S-X and is presented for illustrative purposes to assist investors in understanding the operational performance of the combined business, timing and operational impact of the acquisition, and integration of the combined business, and should not be considered a substitute for the pro forma financial information included in the Company's prior filings prepared in accordance with Article 11 of Regulation S-X.Consequently, the unaudited supplemental combined financial information is intentionally different from, but does not supersede, the pro forma financial information set forth in the Pro Forma 8-K Filing or the pro forma financial information set forth in the Company's most recent annual report on Form 10-KIn addition, the unaudited supplemental combined financial information does not purport to indicate the results that actually would have been obtained had the companies been operated together during the periods presented, or which may be realized in the future. The unaudited supplemental combined financial information has no impact on XTI's or Drone Nerds' previously reported consolidated balance sheets or statements of operations, cash flows or equity.XTI Aerospace, Inc. and Subsidiaries
Pro Forma(1) Combined Financial Data
(Unaudited)


For the Three Months EndedMarch 31,








2026
(Actual)

2025
(Pro Forma)






(in thousands, except percentages)
Amount

Amount

$ Change

% Change
Revenues
$27,696

$30,587

$(2,891)


(9)%Gross profit

5,146


7,228


(2,082)


(29)%Gross profit %

18.6%

23.6%

(5.0)%

(21)%Net loss from continuing operations

(31,746)


(7,265)


(24,481)


(337)%
(1) For information on unaudited supplemental combined financial information presented, see the section titled "Unaudited Supplemental Combined Financial Information" in this press release.The unaudited supplemental combined financial information excludes non-recurring transaction-related costs associated with the Drone Nerds acquisition.Conference Call and Webcast (Live Q&A Format) 
The Company will post prepared remarks to the Investor Relations section of its website before the market opens on Thursday, May 14, 2026. These remarks are intended to provide additional detail and context regarding the Company's financial results and business update.The Company will host a live webcast on Thursday, May 14, 2026 at 3:30 PM CT (4:30 PM ET), which will consist of a video-based question and answer session with Scott Pomeroy, Chief Executive Officer, Jeremy Schneiderman, Chief Executive Officer of Drone Nerds, and Brooke Turk, Chief Financial Officer. As part of this format, prepared remarks will not be read but will be available in the Investor Relations section of the Company's website at xtiaerospace.com under "IR News & Events."Investors and analysts are invited to participate and may register in advance using this link: XTI Aerospace May 14 Earnings Webcast. The registration link is also available in the "Investor Relations" section of the Company's website under "IR News & Events." Dial-in information will be included upon registration.The replay of the event will be publicly available to all investors in the Investor Relations section, under "IR News & Events" section of the Company's website at xtiaerospace.com following the conclusion of the question and answer session and will remain available for 30 days.About XTI Aerospace, Inc. 
XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace company providing unmanned aircraft systems ("UAS") solutions through its commercial drone solutions division, operated through Drone Nerds, LLC and two development-stage divisions focused on autonomous defense systems and domestic manufacturing of unmanned systems components designed to support federal procurement and sourcing requirements. XTI's commercial drone solutions business provides hardware distribution, training, service, repair, and lifecycle support to enterprise, public safety and government customers.XTI Aerospace is headquartered in Addison, Texas. For more information about XTI, please visit xtiaerospace.com and follow XTI 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 of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release are forward-looking statements.Forward-looking statements may be identified by words such as "believe," "continue," "could," "would," "will," "expect," "intend," "plan," "target," "estimate," "project," or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, market adoption, regulatory requirements, supply chain conditions, technological development, integration of the acquired businesses, the Company's liquidity and ability to access additional capital on acceptable terms or at all, the Company's negative stockholders' equity and the sufficiency of its capital resources, and changes in applicable laws or regulations, customer demand variability and seasonal purchasing patterns, the Company's ability to achieve projected gross margins and operating cost reductions, working capital timing and inventory management, the outcome of pending legal proceedings involving the Company and its subsidiaries, the Company's ability to maintain relationships with key suppliers, restrictions and covenants under the Company's ABL credit facility, risks related to the Company's development-stage ADS and ATM divisions which have not generated revenues, and the potential for significant non-cash charges related to changes in the fair value of warrant liabilities as well as the other risks and uncertainties described in the Company's filings with the SEC. XTI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law. Readers are encouraged to review the risk factors described in XTI's filings with the SEC, including its most recent Annual Report on Form 10-K and subsequent filings.Non-GAAP Measures:
This press release contains certain financial measures that are not recognized under generally accepted accounting principles in the United States ("GAAP"). XTI uses earnings before interest, income taxes, depreciation amortization ("EBITDA") and Adjusted EBITDA and important supplemental measures of the Company's operating performance.A reconciliation of these non-GAAP measures to the most directly comparable GAAP measures for historical periods is provided in Schedule 1. As noted above under "2026 Financial Outlook and Guidance," the Company is unable to provide a reconciliation of forward-looking non-GAAP financial measures to the most directly comparable GAAP measures without unreasonable efforts due to the inherent difficulty in forecasting and quantifying certain reconciling items, including, without limitation, changes in the fair value of warrant liability.The Company's 2026 financial outlook is based on management's current expectations and assumptions regarding customer demand, product availability, gross margin trends, operating cost levels, and the timing of working capital normalization. These targets are forward-looking statements and are subject to the risks and uncertainties described below and in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), including with respect to pending legal proceedings, liquidity, the Company's capital structure and the other matters described under "Cautionary Statement Regarding Forward-Looking Statements" below.The Company has not provided a reconciliation of forward-looking Adjusted EBITDA or other forward-looking non-GAAP measures to the most directly comparable GAAP financial measures because certain reconciling items, including changes in the fair value of warrant liability and other items, depend on future events outside the Company's control and cannot be reasonably predicted or determined without unreasonable efforts. The variability of these items could have a significant and potentially unpredictable impact on future GAAP results.Contacts:General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contactInvestor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: XTIA@redchip.comXTI Aerospace, Inc. and Subsidiaries
Consolidated Statements of Operations
(In thousands, except per share data)
(Unaudited)



For the Three Months EndedMarch 31,




2026


2025

Revenues
$27,696

$—

Cost of Revenues

22,550


—

Gross Profit

5,146


—











Operating Expenses








    Research and development

1,197


1,124

    Sales and marketing

2,363


275

    General and administrative

11,746


6,796

    Amortization of intangible assets

230


8

Total Operating Expenses

15,536


8,203











Loss from Operations

(10,390)


(8,203)











Other (Expense) Income








    Interest expense, net

(154)


(217)

    Loss on extinguishment of debt

—


(421)

    Warrant issuance expense

—


(2,016)

    Change in fair value of warrant liability

(21,447)


503

    Other income (expense), net

245


(344)

Total Other (Expense) Income

(21,356)


(2,495)











Loss from continuing operations before income taxes

(31,746)


(10,698)

Income tax benefit

—


15

Net loss from continuing operations, net of tax

(31,746)


(10,683)

Loss from discontinued operations, net of tax

(3,252)


(2,189)

Net loss

(34,998)


(12,872)

Net income attributable to noncontrolling interest

(272)


—

Net loss attributable to XTI Aerospace, Inc

(35,270)


(12,872)











Less: Preferred stock dividends

(42)


(29)

Net Loss Attributable to Common Stockholders
$(35,312)

$(12,901)











Net loss per share - basic and diluted:








    Continuing operations
$(0.91)

$(3.16)

    Discontinued operations
$(0.09)

$(0.64)

    Net loss
$(1.00)

$(3.80)











Weighted Average Shares Outstanding, Basic and    Diluted

35,284,100


3,384,736

Net loss per share from continuing and discontinued operations is calculated based on net loss attributable to common stockholders. Preferred stock dividends and deemed dividends are allocated to continuing and discontinued operations on a proportional basis.XTI Aerospace, Inc. And Subsidiaries
Consolidated Balance Sheets
(In thousands)
(Unaudited)


As ofMarch 31,
2026

As ofDecember 31,
2025
Assets





Current Assets





    Cash and cash equivalents
$15,185

$16,696
    Accounts receivable, net of allowance for credit losses

9,051


12,093
    Inventories

19,413


15,400
    Prepaid expenses and other current assets

6,688


3,989
    Current assets of discontinued operations

—


3,645
Total Current Assets

50,337


51,823
Property and equipment, net

417


385
Operating lease right-of-use asset, net

1,677


2,965
Intangible assets, net

9,108


9,338
Goodwill

11,544


11,544
Note receivable

4,330


—
Other assets

929


403
Non-current assets of discontinued operations

—


4,788
        Total Assets
$78,342

$81,246







Liabilities





Current Liabilities





    Accounts payable
$3,413

$5,212
    Accrued expenses and other current liabilities

6,879


6,165
    Accrued interest

342


391
    Customer deposits

2,480


3,071
    Warrant liability

64,895


22,561
    Operating lease obligation, current

682


550
    Note payable-related party

450


—
    Short-term debt

10,569


7,931
    Income tax payable

1,241


—
    Current liabilities of discontinued operations

—


1,722
Total Current Liabilities

90,951


47,603
Long Term Liabilities







    Note payable-related party

—


450
    Operating lease obligation, noncurrent

1,020


2,427
    Non-current liabilities of discontinued operations

—


322
        Total Liabilities

91,971


50,802









Commitments and Contingencies
















Representative and placement agent warrants, net of issuance costs

2,701


2,701









Stockholders' Equity







    Preferred Stock

—


—
    Series 4 Convertible Preferred Stock

—


—
    Series 5 Convertible Preferred Stock

—


—
    Series 10 Convertible Preferred Stock

—


21,793
    Common Stock

38


33
    Additional paid-in capital

170,948


157,354
    Accumulated other comprehensive income

—


881
    Accumulated deficit

(197,593)


(162,323)
        Total Stockholders' Equity

(26,607)


17,738
    Noncontrolling interest

10,277


10,005
        Total Equity

(16,330)


27,743
Total Liabilities, Mezzanine Equity and Equity
$78,342

$81,246

















 XTI Aerospace, Inc. and Subsidiaries
Consolidated Statements of Cash Flows
(In thousands)
(Unaudited)


For the Three Months Ended
March 31,


2026

2025
Cash Flows Used in Operating Activities







Net loss
$(34,998)

$(12,872)
Adjustment to reconcile net loss to net cash used in operating activities:







    Depreciation and amortization

56


32
    Amortization of intangible assets

230


91
    Amortization of right-of-use asset

223


53
    Non-cash interest (income), expense, net

(82)


145
    Stock-based compensation

4,847


455
    Impairment of intangible assets

—


531
    Loss on extinguishment of debt

—


421
    Warrant issuance expense

—


2,016
    Change in fair value of warrant liability

21,447


(503)
    Loss on disposal of Inpixon Business

831


—
    Other income

(250)


—
    Other

(2)


3
    Changes in operating assets and liabilities:







        Accounts receivable and other receivables

4,335


157
        Inventories

(3,994)


(19)
        Prepaid expenses and other current assets

(2,729)


(594)
        Other assets

12


348
        Accounts payable

(1,854)


(624)
        Related party payables

—


(51)
        Accrued expenses and other current liabilities

2,136


(4,892)
        Accrued interest

(49)


67
        Deferred revenue

(416)


46
        Operating lease obligation

(197)


(52)
Net Cash Used in Operating Activities

(10,454)


(15,242)
Cash Flows Used in Investing Activities







Purchase of property and equipment

(131)


(45)
Net cash paid on disposal of the Inpixon Business

(694)


—
Net Cash Used in Investing Activities

(825)


(45)
Cash Flows Provided by Financing Activities







Net proceeds from the exercise of liability classified warrants

7,439


1
Net proceeds from sale of common stock and pre-funded warrants via public offerings

—


21,651
Net proceeds from ATM stock offerings

—


1,667
Redemptions of Series 9 Preferred Stock

—


(1,427)
Net borrowings on line-of-credit

4,638


—
Payment of debt issuance costs

(565)


—
Repayments of promissory notes

(2,000)


(2,719)
Net Cash Provided by Financing Activities

9,512


19,173
Effect of Foreign Exchange Rate on Changes on Cash

33


17
Net (Decrease) Increase in Cash and Cash Equivalents

(1,734)


3,903
Cash and Cash Equivalents – Beginning of period

16,919


4,105
Cash and Cash Equivalents – End of period
$15,185

$8,008
 XTI Aerospace, Inc. and Subsidiaries
Reconciliation of Non-GAAP Financial Measures
(In thousands)
(Unaudited)


For the Three Months EndedMarch 31, 2025
(in thousands)
GAAP

Drone Nerds
Pre-Acquisition Activity

Transaction
Accounting
Adjustments

Proforma
Revenues
$—

$30,587

$—


30,587
Cost of revenues

—


23,359


—


23,359
Gross profit

—


7,228


—


7,228
Operating expenses

8,203


3,177


201
a
11,581
(Loss) income from operations

(8,203)


4,051


(201)


(4,353)
Other expense

(2,495)


(246)


(186)
b
(2,927)
Net (loss) income, before tax

(10,698)


3,805


(387)


(7,280)
Income tax benefit

15


—


—


15
Net (loss) income
$(10,683)

$3,805

$(387)

$(7,265)

a) Amortization of the purchase price allocation for intangible assets identified for Drone Nerdsb) Interest on the promissory notes issued as part of the Drone Nerds acquisition considerationSchedule 1
XTI Aerospace, Inc. and Subsidiaries
Reconciliation of Non-GAAP Financial Measures
EBITDA and Adjusted EBITDA
(In thousands)
(Unaudited)EBITDA and Adjusted EBITDA
XTI Aerospace defines EBITDA as net income (loss) before interest, income taxes, depreciation and amortization. Adjusted EBITDA is defined as EBITDA adjusted for certain items including, (i) non-cash stock-based compensation expense; (ii) severance and restructuring charges; (iii) change in the fair value of warrant liability; and (iv) selected charges that are unusual or non-recurring.The Company believes that EBITDA and Adjusted EBITDA financial measures assist our board of directors, management, investors, and lenders in comparing our operating performance and establishing operational goals on a consistent basis across periods by removing the effects of our capital structure and other items that impact the comparability of financial results from period to period. We present EBITDA and Adjusted EBITDA because we believe they provide useful information regarding the factors and trends affecting our business in addition to measures calculated under GAAP. EBITDA and Adjusted EBITDA are non-GAAP financial measures and should not be considered in isolation or as a substitute for financial information provided in accordance with GAAP. These non-GAAP financial measures may not be computed in the same manner as similarly titled measures used by other companies. The most comparable GAAP financial measures, net income, and information reconciling the GAAP and non-GAAP financial measures are included in the table below:


For the Three Months EndedMarch 31,




2026


2025

Net loss from continuing operations, net of tax, as reported (GAAP)
$(31,746)

$(10,683)

    Interest expense, net

154


217

    Income tax benefit

—


(15)

    Depreciation and amortization

279


19

EBITDA

(31,313)


(10,462)

    Non-cash stock-based compensation

4,675


412

    Severance and restructuring charges

263


—

    Change in fair value of warrant liability

21,447


(503)

    Selected charges that are unusual or non-recurring

—


2,781a
Adjusted EBITDA
$(4,928)

$(7,772)


a) Consists of warrant issuance expense, change in fair value of investment, and loss on debt extinguishment 


For the Three Months Ended




March 31, 2026


December 31,
2025

Net loss from continuing operations, net of tax, as reported (GAAP)
$(31,746)

$(14,355)

    Interest expense, net

154


51

    Income tax benefit

—


(4)

    Depreciation and amortization

279


165

EBITDA

(31,313)


(14,143)

    Non-cash stock-based compensation

4,675


4,405

    Severance and restructuring charges

263


—

    Change in fair value of warrant liability

21,447


(2,684)

    Selected charges that are unusual or non-recurring

—


2,039a
Adjusted EBITDA
$(4,928)

$(10,383)


a) Consists of the provision for credit loss on convertible promissory note receivable  View original content to download multimedia:https://www.prnewswire.com/news-releases/xti-aerospace-reports-first-quarter-2026-results-302772324.htmlSOURCE XTI Aerospace, Inc. Original: XTI Aerospace Reports First Quarter 2026 Results

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XTIA........................https://stockcharts.com/sc3/ui/?s=XTIA&p=w&b=5&g=0&id=p86431144783

XTI Aerospace Reports Fourth Quarter and Full Year 2025 ResultsApril 15, 2026 8:50 AM
PR Newswire (US)

DALLAS, April 15, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace," "XTI," or the "Company"), a publicly traded aerospace and defense company operating across drone distribution, unmanned systems, and advanced manufacturing markets through three dedicated divisions, and parent company of Drone Nerds, LLC, a leading drone solutions platform serving enterprise and government customers, today announced financial results for its fourth quarter and full year ended December 31, 2025, and provided the Company's outlook for 2026.







2025 fourth quarter and full year highlights (includes the acquisition of Drone Nerds, LLC and Anzu Robotics, LLC (together, "Drone Nerds") in November 2025, Inpixon results excluded and reflected in discontinued operations):Revenue of $22.5 millionGross profit of $4.9 millionGross profit as a percentage of revenue of 21.9 percentFor purposes of this release, the Company defines "pro forma" as unaudited supplemental combined financial information.2025 pro forma fourth quarter XTI highlights(1) (includes Drone Nerds as if the acquisition had occurred as of January 1, 2024):Revenue of $41.7 millionGross profit of $8.1 millionGross profit as a percentage of revenue of 19.5 percentNet loss from continuing operations of $7.6 million2025 full year pro forma, XTI reported the following highlights(1) (includes Drone Nerds as if the acquisition had occurred as of January 1, 2024):Revenue of $121.6 millionGross profit of $26.8 millionGross profit as a percentage of revenue of 22.0 percentNet loss from continuing operations of $39.0 millionCompany guidance:Expecting full year 2026 revenue of $160 million or greater2025 fourth quarter events:Completed approximately $40 million acquisition of Drone Nerds, a leading U.S. drone solutions provider, and secured a concurrent $25 million strategic investment from Unusual Machines, Inc. (Nasdaq: UMAC)Formed strategic alliance with Valkyrie Intelligence LLC ("Valkyrie Sciences"), including an investment and services agreement, to harness the intelligence derived from the sizable drone industry data set built by Drone NerdsRecent events:Completed the divestiture of the Inpixon RTLS business to streamline the Company's focus on its drone platformSecured $20 million Asset-Based Lending ("ABL") credit facility with JPMorgan to support growth and liquidity, subject to customary borrowing conditions, covenants and availabilityThe Autonomous Defense Systems ("ADS") division, formed through the reorganization and redesignation of the Company's XTI Aircraft division, and the Advanced Technology and Manufacturing ("ATM") division, which the Company is in the process of establishing and which has not yet generated revenueStrengthened the composition of XTI's Board of Directors with aviation and unmanned systems expertise through the appointments of Clinton Weber and Jonathan Ornstein(1)For information on unaudited supplemental combined financial information presented, see the section titled "Unaudited Supplemental Combined Financial Information" in this press release."The acquisition of Drone Nerds transformed XTI Aerospace into a scaled, revenue-generating platform," said Scott Pomeroy, Chief Executive Officer of XTI Aerospace. "Drone Nerds is a leading enterprise-focused UAS solutions provider with deep customer relationships and a proven operating model that continues to deliver strong performance. Its OEM-agnostic approach and broad supplier network position us to participate in a rapidly evolving market. Just as important, the platform provides real-time data and market intelligence that informs where we invest, build, and expand. We believe this foundation positions us to support growth and support our expansion into new markets and higher-value opportunities across the business.""XTI Drones continues to scale as a cash-generating commercial engine. Our Advanced Technology and Manufacturing division strengthens our ability to expand our participation in the value chain through U.S.-based manufacturing. Our Autonomous Defense Systems initiative is building a pipeline of potential military and defense contract opportunities in a large and growing market. Together, these elements create a flywheel that we believe is designed to support growth, margin expansion, and long-term value creation. In 2026, our focus is execution."Liquidity and Capital Resources
At December 31, 2025, the Company had $16.7 million of unrestricted cash and cash equivalents. An additional $0.2 million of cash is included in current assets of discontinued operations and is not included in unrestricted cash balances.The Company does not currently expect to require additional capital to support the ordinary-course operating needs of the Drone Nerds business. However, the Company may seek additional capital in the future to support strategic acquisitions and the development of its advanced systems and domestic manufacturing initiatives.Subsequent to December 31, 2025 and through the date of this filing, holders of certain warrants issued in connection with our 2025 public offerings exercised warrants to purchase 3,963,408 shares of the Company's common stock. These exercises resulted in aggregate cash proceeds to us of approximately $7.9 million. We engaged ThinkEquity LLC as our exclusive advisor in connection with the solicitation of these warrants for which we paid cash compensation of 3% of the gross proceeds, or approximately $0.2 million. After deducting such commissions, the net proceeds we received from these warrant exercises was approximately $7.7 million.Unaudited Supplemental Combined Financial Information
The Company has provided unaudited supplemental financial information of the combined company in this press release. The following financial information combines XTI and Drone Nerds historical operating results as if the businesses had been operated together on a combined basis during prior periods. This financial information is intended to illustrate the current operating footprint of the Company following the acquisition of Drone Nerds and divestiture of the Company's Industrial IoT / Real-Time Location Systems business.For the avoidance of doubt, the unaudited supplemental combined financial information was not prepared in accordance with Article 11 of Regulation S-X and differs from the unaudited pro forma condensed combined financial information included in the Pro Forma 8-K/A filing dated February 9, 2026 filed with the SEC (the "Pro Forma 8-K Filing"), which was prepared in accordance with Article 11 of Regulation S-X. Accordingly, the unaudited supplemental combined financial information was not prepared in accordance with Article 11 of Regulation S-X and is presented for illustrative purposes to assist investors in understanding the operational performance of the combined business, timing and operational impact of the acquisition, and integration of the combined business, and should not be considered a substitute for the pro forma financial information included in the Company's prior filings prepared in accordance with Article 11 of Regulation S-X.Consequently, the unaudited supplemental combined financial information is intentionally different from, but does not supersede, the pro forma financial information set forth in the Pro Forma 8-K Filing or the pro forma financial information set forth in the Company's most recent annual report on Form 10-KIn addition, the unaudited supplemental combined financial information does not purport to indicate the results that actually would have been obtained had the companies been operated together during the periods presented, or which may be realized in the future. The unaudited supplemental combined financial information has no impact on XTI or Drone Nerds previously reported consolidated balance sheets or statements of operations, cash flows or equity.XTI Aerospace, Inc. and Subsidiaries
Pro Forma(1) Combined Financial Data
(Unaudited)


For the Three Months EndedDecember 31,








2025

2024






(in thousands, except percentages)
Amount

Amount

$ Change

% Change
Revenues
$41,709

$26,832

$14,877


55%Gross profit

8,149


3,694


4,455


121%Gross profit %

19.5%

13.8%

5.7%

41%Net loss from continuing operations

(7,599)


(9,045)


1,446


(16)%


For the Years Ended








2025

2024






(in thousands, except percentages)
Amount

Amount

$ Change

% Change
Revenues
$121,590

$111,201

$10,389


9%Gross profit

26,784


17,333


9,451


55%Gross profit %

22.0%

15.6%

6.4%

41%Net loss from continuing operations

(39,042)


(23,948)


(15,094)


63%

(1)For information on unaudited supplemental combined financial information presented, see the section titled "Unaudited Supplemental Combined Financial Information" in this press release.The unaudited supplemental combined financial information excludes non-recurring transaction-related costs associated with the Drone Nerds acquisition.Conference Call and Webcast (Live Q&A Format)
The Company will post prepared remarks to the Investor Relations section of its website before the market opens on April 15, 2026. These remarks are intended to provide additional detail and context regarding the Company's financial results and business update.The Company will host a live webcast on April 15, 2026 at 3:30 PM CT (4:30 PM ET), which will consist of a video-based question and answer session with Scott Pomeroy, Chief Executive Officer, and Brooke Turk, Chief Financial Officer. As part of this format, prepared remarks will not be read but will be available in the Investor Relations section of the Company's website at xtiaerospace.com under "IR News & Events."Investors and analysts are invited to participate and may register in advance using this link: XTI Aerospace April 15 Earnings Webcast. The registration link is also available in the "Investor Relations" section of the Company's website under "IR News & Events." Dial-in information will be included upon registration.The replay of the event will be publicly available to all investors in the Investor Relations section, under "IR News & Events" section of the Company's website at xtiaerospace.com following the conclusion of the question and answer session and will remain available for 30 days.About XTI Aerospace, Inc.
XTI Aerospace, Inc. (Nasdaq: XTIA) is a publicly traded aerospace and defense company operating across unmanned systems, advanced manufacturing, and drone distribution markets through three dedicated divisions.The Company's Commercial division - XTI Drones, anchored by its Drone Nerds subsidiary, LLC, is one of the nation's leading drone solutions platforms, serving enterprise and government customers across sales, service, and support. The Commercial Division's market reach and transaction data provide XTI with unparalleled visibility into purchasing behavior across the unmanned systems industry — a strategic intelligence asset the Company may leverage to support future data and analytics initiatives.The Company's Autonomous Defense Systems ("ADS") division is focused on the design, development, and integration of unmanned platforms for defense and commercial applications, with an emphasis on serving U.S. government customers and supporting domestic procurement initiatives aligned with national security priorities.The Company's Advanced Technology and Manufacturing (ATM) division is developing a U.S.-based production platform for NDAA-compliant and Department of War ("DoW") Blue List-eligible unmanned systems components and technologies, designed to support domestic manufacturing and supply chain requirements and serve the growing demand for domestically sourced unmanned systems across defense and enterprise markets.XTI Aerospace is headquartered in Addison, Texas.For more information about XTI, please visit xtiaerospace.com and follow XTI 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 of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release are forward-looking statements.Forward-looking statements may be identified by words such as "believe," "continue," "could," "would," "will," "expect," "intend," "plan," "target," "estimate," "project," or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, market adoption, regulatory requirements, supply chain conditions, technological development, integration of the acquired businesses, availability of capital and liquidity, and changes in applicable laws or regulations as well as the other risks and uncertainties described in the Company's filings with the U.S.165 Securities and Exchange Commission. XTI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law. Readers are encouraged to review the risk factors described in XTI's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.Contacts:General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contactInvestor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: XTIA@redchip.com XTI Aerospace, Inc. and Subsidiaries
Consolidated Statements of Operations
(In thousands, except per share data)
(Unaudited)



For the Three Months EndedDecember 31,


For the Year EndedDecember 31,



2025


2024


2025


2024
Revenues
$22,490

$—

$22,490

$—
Cost of Revenues

17,569


—


17,569


—
Gross Profit

4,921


—


4,921


—

















Operating Expenses















    Research and development

1,287


491


5,240


1,970
    Sales and marketing

2,323


545


5,604


1,517
    General and administrative

12,719


4,505


32,845


19,660
    Merger-related transaction costs

3,429


—


3,887


6,490
    Amortization of intangible assets

142


8


166


30
Total Operating Expenses

19,900


5,549


47,742


29,667

















Loss from Operations

(14,979)


(5,549)


(42,821)


(29,667)

















Other (Expense) Income















    Interest expense, net

(51)


(229)


(270)


(782)
    Amortization of deferred loan costs

—


—


—


(17)
    Loss on conversion of note receivable to equity        instrument

—


(2,630)


—


(2,630)
    Loss on extinguishment of debt

—


—


(421)


(6,732)
        Provision for expected credit losses on convertible        note investment

(2,039)


—


(2,039)


—
    Change in fair value of convertible notes payable

—


—


—


12,882
    Change in fair value of equity securities

—


(1,068)


(349)


(1,068)
    Change in fair value of warrant liability

2,684


—


(596)


(281)
    Warrant issuance expense

—


—


(6,580)


—
    Other income, net

30


24


30


42
Total Other (Expense) Income

624


(3,903)


(10,225)


1,414

















Loss from continuing operations before income    taxes

(14,355)


(9,452)


(53,046)


(28,253)
Income tax benefit (provision)

4


—


10


(16)
Net loss from continuing operations, net of tax

(14,351)


(9,452)


(53,036)


(28,269)
Loss from discontinued operations, net of tax

(6,964)


(4,404)


(15,455)


(7,334)
Net loss

(21,315)


(13,856)


(68,491)


(35,603)
Net loss attributable to noncontrolling interest

(270)


—


(270)


—
Net loss attributable to XTI Aerospace, Inc.

(21,585)


(13,856)


(68,761)


(35,603)

















Preferred stock dividends

(408)


(110)


(437)


(606)
Deemed dividends

—


(258)


—


(772)
Net Loss Attributable to Common Stockholders
$(21,993)

$(14,224)

$(69,198)

$(36,981)

















Net loss per share - basic and diluted:















    Continuing operations
$(0.45)

$(14.28)

$(3.28)

$(129.24)
    Discontinued operations
$(0.21)

$(6.41)

$(0.96)

$(33.54)
    Net loss
$(0.66)

$(20.69)

$(4.24)

$(162.78)

















Weighted Average Shares Outstanding, Basic and    Diluted

32,744,968


687,471


16,337,782


227,193
Net loss per share from continuing and discontinued operations is calculated based on net loss attributable to common stockholders. Preferred stock dividends and deemed dividends are allocated to continuing and discontinued operations on a proportional basis.XTI Aerospace, Inc. And Subsidiaries
Consolidated Balance Sheets
(In thousands)
(Unaudited)


As ofDecember 31,
2025

As ofDecember 31,
2024
Assets





Current Assets





    Cash and cash equivalents
$16,696

$3,972
    Accounts receivable, net of allowance for credit losses

12,093


—
    Other receivables

—


513
    Inventories

15,400


—
    Prepaid expenses and other current assets

3,989


888
    Current assets of discontinued operations

3,645


3,208
Total Current Assets

51,823


8,581
Property and equipment, net

385


72
Operating lease right-of-use asset, net

2,965


310
Intangible assets, net

9,338


284
Goodwill

11,544


—
Other assets

403


1,095
Non-current assets of discontinued operations

4,788


13,949
        Total Assets
$81,246

$24,291

Liabilities





Current Liabilities





    Accounts payable
$5,212

$5,190
    Related party payables

—


51
    Accrued expenses and other current liabilities

6,165


6,071
    Accrued interest

391


522
    Customer deposits

3,071


1,350
    Warrant liability

22,561


—
    Operating lease obligation, current

550


88
    Short-term debt

7,931


2,657
    Current liabilities of discontinued operations

1,722


1,492
Total Current Liabilities

47,603


17,421
Long Term Liabilities







    Long-term debt

450


65
    Operating lease obligation, noncurrent

2,427


231
    Non-current liabilities of discontinued operations

322


—
        Total Liabilities

50,802


17,717









Commitments and Contingencies
















Representative and placement agent warrants, net of issuance costs

2,701


—









Stockholders' Equity







    Preferred Stock

—


—
    Series 4 Convertible Preferred Stock

—


—
    Series 5 Convertible Preferred Stock

—


—
    Series 9 Preferred Stock

—


1,331
    Series 10 Convertible Preferred Stock

21,793


—
    Common Stock

33


2
    Additional paid-in capital

157,354


99,425
    Accumulated other comprehensive income

881


(622)
    Accumulated deficit

(162,323)


(93,562)
        Total Stockholders' Equity

17,738


6,574
    Noncontrolling interest

10,005


—
        Total Equity

27,743


6,574
Total Liabilities, Mezzanine Equity and Equity
$81,246

$24,291
 XTI Aerospace, Inc. and Subsidiaries
Consolidated Statements of Cash Flows
(In thousands)
(Unaudited)


For the Years Ended
December 31,


2025

2024
Cash Flows Used in Operating Activities







Net loss
$(68,491)

$(35,603)
Adjustment to reconcile net loss to net cash used in operating activities:







    Depreciation and amortization

148


113
    Amortization of intangible assets

387


622
    Amortization of right-of-use asset

114


237
    Non-cash interest expense, net

145


417
    Stock-based compensation

12,046


4,121
    Impairment of goodwill

9,895


—
    Impairment of intangible assets

631


2,507
    Provision for credit losses

2,129


—
    Loss on conversion of note receivable to equity investment

—


2,630
    Unrealized loss on equity investment

—


628
    Change in fair value of convertible notes payable

—


(12,882)
    Loss on extinguishment of debt

421


6,732
    Warrant issuance expense

6,580


—
    Change in fair value of warrant liability

596


281
    Other

4


359
    Changes in operating assets and liabilities:







        Accounts receivable and other receivables

(1,993)


(18)
        Inventories

2,618


611
        Prepaid expenses and other current assets

4,572


922
        Other assets

311


40
        Accounts payable

(2,543)


346
        Related party payables

(51)


—
        Accrued expenses and other current liabilities

(3,696)


6,039
        Accrued interest

116


259
        Customer deposits

(271)


—
        Deferred revenue

(167)


(435)
        Operating lease obligation

(112)


(233)
Net Cash Used in Operating Activities

(36,611)


(22,307)
Cash Flows (Used in) Provided by Investing Activities







Purchase of property and equipment

(215)


(68)
Cash received in purchase of Inpixon

—


2,968
Investment in convertible note receivable

(2,000)


—
Acquisition of Drone Nerds, net of cash acquired

(16,547)


—
Purchase of intangible asset

—


(47)
Net Cash (Used in) Provided by Investing Activities

(18,762)


2,853
Cash Flows Provided by Financing Activities







Net proceeds from sale of common stock and pre-funded warrants via public offerings

57,051


—
Net proceeds from ATM stock offerings

1,667


22,213
Net proceeds from issuance of Series 10 Convertible Preferred Stock

22,750


—
Net proceeds from the exercise of equity classified warrants

—


2
Net proceeds from the exercise of liability classified warrants

4,061


—
Net proceeds from issuance of promissory notes

—


2,000
Net proceeds from loan from Inpixon (prior to merger)

—


1,012
Redemptions of Series 9 Preferred Stock

(1,427)


(795)
Repayments of debt

(15,892)


(868)
Net Cash Provided by Financing Activities

68,210


23,564
Effect of Foreign Exchange Rate on Changes on Cash

(23)


(10)
Net Increase in Cash and Cash Equivalents

12,814


4,100
Cash and Cash Equivalents – Beginning of year

4,105


5
Cash and Cash Equivalents – End of year
$16,919

$4,105
 XTI Aerospace, Inc. and Subsidiaries
Reconciliation of Non-GAAP Financial Measures
(In thousands)
(Unaudited)


For the Three Months EndedDecember 31, 2025
(in thousands)
GAAP

Drone NerdsPre-Acquisition
Activity

Transaction
Accounting
Adjustments

Proforma
Revenues
$22,490

$19,219

$-


41,709
Cost of revenues

17,569


15,991


-


33,560
Gross profit

4,921


3,228


-


8,149
Operating expenses

19,900


1,254


(5,221)
a
15,933
Loss from operations

(14,979)


1,974


5,221


(7,784)
Other (expense) income

624


(263)


(180)
b
181
Net income (loss), before tax

(14,355)


1,711


5,041


(7,603)
Income tax benefit

4


-


-


4
Net income (loss)
$(14,351)

$1,711

$5,041

$(7,599)


a)Non-recurring transaction costs associated with Drone Nerds acquisition (less $5,442) and amortization of the purchase price allocation for intangible assets identified for Drone Nerds (plus $221)b)Interest on the promissory notes issued as part of the Drone Nerds acquisition consideration 

For the Three Months EndedDecember 31, 2024
(in thousands)
GAAP

Drone Nerds Pre-Acquisition
Activity

Transaction
Accounting
Adjustments

Proforma
Revenues
$-

$26,832

$-


26,832
Cost of revenues

-


23,138


-


23,138
Gross profit

-


3,694


-


3,694
Operating expenses

5,549


2,695


221
a
8,465
Loss from operations

(5,549)


999


(221)


(4,771)
Other (expense) income

(3,903)


(191)


(180)
b
(4,274)
Net income (loss), before tax

(9,452)


808


(401)


(9,045)
Income tax benefit

-


-


-


-
Net income (loss)
$(9,452)

$808

$(401)

$(9,045)


a)Amortization of the purchase price allocation for intangible assets identified for Drone Nerdsb)Interest on the promissory notes issued as part of the Drone Nerds acquisition consideration 

For the Twelve Months EndedDecember 31, 2025
(in thousands)
GAAP

Drone Nerds Pre-Acquisition
Activity

Transaction
Accounting
Adjustments

Proforma
Revenues
$22,490

$99,100

$-


121,590
Cost of revenues

17,569


77,237


-


94,806
Gross profit

4,921


21,863


-


26,784
Operating expenses

47,742


11,311


(4,763)
a
54,290
Loss from operations

(42,821)


10,552


4,763


(27,506)
Other (expense) income

(10,225)


(601)


(720)
b
(11,546)
Net income (loss), before tax

(53,046)


9,951


4,043


(39,052)
Income tax benefit

10


-


-


10
Net income (loss)
$(53,036)

$9,951

$4,043

$(39,042)


a)Non-recurring transaction costs associated with Drone Nerds acquisition (less $5,442), Drone Nerds amortization (less $206), amortization of the purchase price allocation for intangible assets identified for Drone Nerds (plus $885)b)Interest on the promissory notes issued as part of the Drone Nerds acquisition consideration 

For the Twelve Months EndedDecember 31, 2024
(in thousands)
GAAP

Drone NerdsPre-Acquisition
Activity

Transaction
Accounting
Adjustments

Proforma
Revenues
$-

$111,201

$-


111,201
Cost of revenues

-


93,868


-


93,868
Gross profit

-


17,333


-


17,333
Operating expenses

29,667


13,401


(5,605)
a
37,463
Loss from operations

(29,667)


3,932


5,605


(20,130)
Other (expense) income

1,414


(952)


(4,264)
b
(3,802)
Net income (loss), before tax

(28,253)


2,980


1,341


(23,932)
Income tax provision

(16)


-


-


(16)
Net income (loss)
$(28,269)

$2,980

$1,341

$(23,948)


a) Non-recurring transaction costs associated with Drone Nerds acquisition (less $6,490) and amortization of the purchase price allocation for intangible assets for Drone Nerds (plus $885)b) Interest on the promissory notes issued as part of the Drone Nerds acquisition consideration (less $744). The pro forma results for the year ended December 31, 2024 exclude nonrecurring merger-related transaction costs and losses recognized in connection with the conversion and extinguishment of convertible notes, including related fair value adjustments and inducement expenses, as these items are directly attributable to prior recapitalization transactions and do not have a continuing impact on the combined company (less $3,520). 



View original content to download multimedia:https://www.prnewswire.com/news-releases/xti-aerospace-reports-fourth-quarter-and-full-year-2025-results-302743204.htmlSOURCE XTI Aerospace, Inc.

Original: XTI Aerospace Reports Fourth Quarter and Full Year 2025 Results

XTI Aerospace Schedules Fourth Quarter and Full Year 2025 Earnings WebcastApril 10, 2026 8:30 AM
PR Newswire (US)

Company to Provide 4Q2025 & FY2025 Earnings Update and 2026 GuidanceENGLEWOOD, Colo., April 10, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI" or the "Company"), an aerospace technology company focused on building and scaling its Drone Nerds, LLC ("Drone Nerds") subsidiary, a drone platform serving enterprise and government customers, today announced that it will release its fourth quarter and full year 2025 financial results on April 14, 2026, after market close.







In conjunction with the earnings release, management will host an earnings webcast on April 15, 2026, at 3:30 PM CT (4:30 PM ET), which will consist of a video-based question and answer session with Scott Pomeroy, Chief Executive Officer, and Brooke Turk, Chief Financial Officer.Rather than reading scripted remarks during the call, XTI will post prepared remarks, providing additional detail and context regarding the Company's financial results and business update, to the Investor Relations section of its website at xtiaerospace.com under "IR News & Events" on April 15 after the release is issued, allowing more time in the call for live questions and answers.To participate in the call, please register in advance using this link: XTI Aerospace April 15 earnings call. The registration link is also available in the Investor Relations section of the Company's website under "IR News & Events." Dial-in information will be provided upon registration.A replay of the event will be available in the Investor Relations section of the Company's website under "IR News & Events" following the conclusion and will remain available for at least 30 days.About XTI Aerospace, Inc.
XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace technology company focused on the advancement of vertical flight. Through its Drone Nerds business, acquired in November 2025, XTIA is a premier provider of unmanned aircraft systems ("UAS"), solutions, services and hardware. Through its XTI Aircraft business, the Company is engaged in the development of advanced vertical takeoff and landing ("VTOL") aircraft with the range and speed of planes and the take-off and landing capability of helicopters.For more information about XTI, please visit xtiaerospace.com and follow XTI on LinkedIn, Instagram, X, and YouTube.Contacts:General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contactInvestor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: XTIA@redchip.com



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Original: XTI Aerospace Schedules Fourth Quarter and Full Year 2025 Earnings Webcast

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XTI Aerospace to Participate in 2026 Wharton Aerospace Conference on Innovation and National SecurityMarch 6, 2026 8:30 AM
PR Newswire (US)

Company Executive to Join Industry Leaders Discussing Innovation, Manufacturing Capacity and the Future of National Security TechnologiesENGLEWOOD, Colo., March 6, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace," "XTI," or the "Company"), an aerospace technology company focused on building and scaling its Drone Nerds, LLC ("Drone Nerds") subsidiary, a drone platform serving enterprise and government customers, is participating in the 2026 Wharton Aerospace Conference being held today in Philadelphia. The event is a premier gathering of leaders from the aerospace, defense, investment, and government communities focused on the future of aerospace innovation and national security.







Steve Zohrabian, Executive Vice President of XTI Aircraft will participate in a panel titled "Disruptive Capacity: Bringing Manufacturing and Innovation to National Security." The panel will explore how emerging aerospace companies, mid-tier manufacturers, and new entrants intend to meet growing demand from defense and national security customers for faster innovation cycles and scalable manufacturing capabilities."The Wharton Aerospace Conference brings together many of the most thoughtful leaders across the aerospace and defense ecosystem," said Scott Pomeroy, Chief Executive Officer of XTI Aerospace. "We are proud to participate in the important conversations shaping the future of aerospace technology, national security and industrial innovation."The Company's participation in the conference follows its recent reaffirmation of support for the United States Armed Forces and allied defense organizations and reflects XTI's commitment to contributing to the ongoing dialogue around innovation, resilience and technological leadership in aerospace as part of its mission to develop and deploy advanced unmanned systems and aerospace technologies that support enterprise, government, and allied missions."XTI is focused on helping shape the future of the aerospace industry," said Zohrabian. "As demand grows for rapidly deployable and scalable aerospace capabilities, companies that can combine advanced technology development with agile manufacturing will play an increasingly important role in supporting the defense capabilities of the United States and its allies."About XTI Aerospace, Inc.
XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace technology company focused on the advancement of vertical flight. Through its Drone Nerds business, acquired in November 2025, XTI is a premier provider of unmanned aircraft systems ("UAS"), solutions, services and hardware. Through its XTI Aircraft business, the Company is engaged in the development of advanced vertical takeoff and landing ("VTOL") aircraft with the range and speed of planes and the take-off and landing capability of helicopters.For more information about XTI, please visit xtiaerospace.com and follow XTI 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 are forward-looking statements including, without limitation, statements regarding the development or deployment of drone technologies, and XTI's ability to support government and defense-related initiatives.Forward-looking statements may be identified by words such as "believe," "continue," "could," "would," "will," "expect," "intend," "plan," "target," "estimate," "project," or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, market adoption, regulatory requirements, supply chain conditions, technological development, and changes in applicable laws or regulations. XTI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances. Readers are encouraged to review the risk factors described in XTI's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.ContactsGeneral inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contactInvestor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: XTIA@redchip.com



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Original: XTI Aerospace to Participate in 2026 Wharton Aerospace Conference on Innovation and National Security

Ho Man!

XTI Aerospace's Drone Nerds Business Expands Creality Line with New SPARKX i7 3D PrinterMarch 2, 2026 8:30 AM
PR Newswire (US)

AI-assisted setup and operation, integrated filament switching system provide accessible out-of-the-box experienceENGLEWOOD, Colo., March 2, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI" or the "Company"), an aerospace technology company focused on building and scaling its Drone Nerds, LLC ("Drone Nerds") business, today announced the addition of the SPARKX i7 3D printer to its product lineup as part of Drone Nerds' previously announced collaboration with Shenzhen Creality 3D Technology Co., Ltd. ("Creality").







Developed under Creality's SPARKX brand, the i7 integrates AI-assisted setup, full-auto calibration, real-time AI monitoring, and support for up to four-color printing to provide an accessible 3D printing experience for creators and technology enthusiasts."Staying aligned with our customers' evolving needs is central to how we build our product portfolio," said Jeremy Schneiderman, CEO of Drone Nerds. "The SPARKX i7 reflects that approach by bringing advanced 3D printing capabilities to a wide range of creative applications.""We have leveraged our more than 10 years of 3D printing expertise to create a product users can unbox as a powerful plug-and-play, multi-color printer," said Larry Yee, Chief Strategy Officer and VP of North America Sales at Creality. "Partnering with Drone Nerds enables us to bring the SPARKX i7 to a broader audience in the U.S. market."The SPARKX i7 includes a built-in AI camera designed to monitor prints in real time. The system is designed to detect conditions such as filament entanglement, air printing and "spaghetti," build plate checks, and notify users when attention may be required. The SPARKX i7 also includes an integrated automatic filament switching system that allows users to produce up to four-color models without manually changing filament during an active print cycle.In addition, proprietary flow control and vibration compensation algorithms are incorporated to support surface finish and model detail. The printer incorporates design features intended to reduce operational noise. A Night Mode setting reduces operational sound levels and turns off system lighting during printing. The system also incorporates a modular design with quick-swap components, including the hotend, cutter shaft, and extruder handle, intended to simplify maintenance.Availability
The Creality SPARKX i7 is available for pre-order through Drone Nerds' online store at: www.dronenerds.com.About XTI Aerospace, Inc.
XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace technology company focused on the advancement of vertical flight. Through its Drone Nerds business, acquired in November 2025, XTI is a premier provider of unmanned aircraft systems ("UAS"), solutions, services and hardware. Through its XTI Aircraft business, the Company is engaged in the development of advanced vertical takeoff and landing ("VTOL") aircraft with the range and speed of planes and the take-off and landing capability of helicopters.For more information about XTI, please visit xtiaerospace.com and follow XTI on LinkedIn, Instagram, X and YouTube.About Drone Nerds
Drone Nerds, LLC, a subsidiary of XTI Aerospace, Inc. (Nasdaq: XTIA), provides comprehensive drone solutions for enterprise, private, and recreational needs. Established in 2014, Drone Nerds focuses on ensuring customers deploy the right UAS solutions for their unique operational requirements. Through its proprietary Always Flying™ program, Drone Nerds delivers enhanced reliability and assurance for enterprise implementations across industry verticals, including public safety, government, agriculture, construction, insurance, energy, inspection, and more.For more information, visit enterprise.dronenerds.com.About Creality
Started in 2014, Creality has been dedicated to making 3D printing more accessible to users worldwide. Today, the flagship K series continues to push the limits of next-generation maker technology. Additional product lines include the Ender, Hi, and CR series. Creality's in-house developed software, such as Creality Print and Creality Cloud App, creates a seamless workflow across devices. With a comprehensive suite of filaments, 3D scanners, laser engravers, accessories, and parts, Creality offers a complete, integrated 3D-printing solution for makers everywhere.Learn more at www.creality.com.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 are forward-looking statements including, without limitation, statements regarding the availability, operating performance, advantages and regulatory compliance of Creality's products.Forward-looking statements may be identified by words such as "believe," "continue," "could," "would," "will," "expect," "intend," "plan," "target," "estimate," "project," or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, limited control over development and availability of third-party products, reputational or liability risks associated with offering third-party products, customer demand, market adoption, regulatory requirements, product performance, supply chain conditions, technological development, and changes in applicable laws or regulations. XTI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances. Readers are encouraged to review the risk factors described in XTI's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.Contacts:General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contact
Drone Nerds: marketing@dronenerds.comInvestor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: XTIA@redchip.com 










View original content to download multimedia:https://www.prnewswire.com/news-releases/xti-aerospaces-drone-nerds-business-expands-creality-line-with-new-sparkx-i7-3d-printer-302700958.htmlSOURCE XTI Aerospace, Inc.

Original: XTI Aerospace's Drone Nerds Business Expands Creality Line with New SPARKX i7 3D Printer

Nothing from the company about its VTOL planes, such as its TriFan 600 and other VTOL design models.

XTI Aerospace Reports Accelerating Revenue Growth and Expected 2026 Cash Flow at Shareholder Town HallFebruary 9, 2026 8:30 AM
PR Newswire (US)

2026 revenue expected to exceed $160 million, representing approximately 30% growthENGLEWOOD, Colo., Feb. 9, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace," "XTI," or the "Company") an aerospace technology company focused on building and scaling its Drone Nerds, LLC ("Drone Nerds") subsidiary, a drone platform serving enterprise and government customers, on Thurs., Feb. 5, 2026, described its operating leverage, expanding customer base and commitment to near-term value creation during its Shareholder Town Hall.







"For the first time, we are providing full-year revenue guidance, reflecting the increased visibility we now have into our pipeline and customer demand from long-term and emerging relationships," said Scott Pomeroy, Chief Executive Officer of XTI Aerospace. "We expect full-year 2026 revenue to exceed $160 million representing approximately 30% growth."The Town Hall highlighted the Company's successful transformation into a scaled enterprise drone and unmanned aircraft systems ("UAS") platform, following the acquisition of Drone Nerds in November 2025, and reinforced management's focus on disciplined execution and profitability."Our message to shareholders was clear: XTI's transformation has established a strong foundation for disciplined execution," said Pomeroy. "We believe this is one of the most comprehensive enterprise drone platforms globally - certainly in the United States. We are seeing robust revenue momentum, cost discipline and benefits from strong regulatory tailwinds."Key Strategic Highlights from the Town Hall Included:Scaled revenue base with visible growth:
XTI outlined an executable path to a targeted $160 million+ in revenue in fiscal year 2026, driven by enterprise adoption, services expansion and regulatory-driven demand for compliant drone solutions. XTI's Drone Nerds subsidiary generated more than $110 million in revenue in 2024.Operating discipline and profitability focus:
XTI expects to achieve positive monthly cash flow approaching $2 million by the end of 2026, reflecting improved cost structure, operating leverage and portfolio focus.Leadership in drone solutions aligned with National Defense Authorization Act ("NDAA")-compliant standards:
Proactively capitalizing on favorable regulatory trends to strengthen our leadership position in drone solutions, including U.S.-based and NDAA-compliant offerings, serving as a trusted partner to enterprise, government and defense-adjacent customers.Multi-pronged growth strategy:
Growth diversification across enterprise drone verticals, complemented by high-value solutions, services, training and lifecycle support is increasing customer stickiness and strengthening margins.Expansion into federal and military markets:
Commercial-Off-The-Shelf ("COTS") drone platform and meaningful operating scale create a natural bridge into federal and military applications, amid accelerating demand for trusted drone capabilities accelerating.A replay of the Shareholder Town Hall is available on the "Investors" section of the Company's website under the "IR News & Events" tab.XTI also announced the launch of its redesigned corporate website, xtiaerospace.com, which reflects the Company's sharpened strategic focus and expanding enterprise drone platform. The updated site highlights XTI's drone and UAS capabilities, market leadership and growth initiatives.About XTI Aerospace, Inc.
XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace technology company focused on the advancement of vertical flight. Through its Drone Nerds business, acquired in November 2025, XTI is a premier provider of unmanned aircraft systems ("UAS"), solutions, services and hardware. Through its XTI Aircraft business, the Company is engaged in the development of advanced vertical takeoff and landing ("VTOL") aircraft with the range and speed of planes and the take-off and landing capability of helicopters.For more information about XTI, please visit xtiaerospace.com and follow XTI 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, XTI's future revenue, financial performance and growth prospects, XTI's market opportunities and XTI's future plans, objectives, and strategies, are forward-looking statements.Forward-looking statements may be identified by words such as "believe," "continue," "could," "would," "will," "expect," "intend," "plan," "target," "estimate," "project," or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, XTI's ability to integrate Drone Nerds, customer demand, market adoption, regulatory requirements, supply chain conditions, technological development, and changes in applicable laws or regulations. XTI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances. Readers are encouraged to review the risk factors described in XTI's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.ContactsGeneral inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contactInvestor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: XTIA@redchip.com 



View original content to download multimedia:https://www.prnewswire.com/news-releases/xti-aerospace-reports-accelerating-revenue-growth-and-expected-2026-cash-flow-at-shareholder-town-hall-302682561.htmlSOURCE XTI Aerospace, Inc.

Original: XTI Aerospace Reports Accelerating Revenue Growth and Expected 2026 Cash Flow at Shareholder Town Hall

XTI Aerospace's Drone Nerds Business Adds Freefly Systems Alta X Gen2 Heavy-Lift Drone to Enterprise PortfolioFebruary 5, 2026 7:05 AM
PR Newswire (US)

Next-generation Alta X drone delivers enhanced autonomy, smart payload integration, and enterprise workflow support, with standard and NDAA-compliant configurationsENGLEWOOD, Colo., Feb. 5, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI" or the "Company"), an aerospace technology company focused on building and scaling its newly acquired Drone Nerds, LLC ("Drone Nerds") platform for enterprise and government customers, today announced the addition of the Alta X Gen2 heavy-lift drone from Freefly Systems to its product lineup. The Alta X Gen2 is available in both standard and NDAA-compliant configurations, allowing operators to select a platform that aligns with their operational requirements and compliance obligations under the National Defense Authorization Act ("NDAA").







The Alta X Gen2 represents the next evolution of Freefly Systems' Alta X platform, combining the heavy-lift Alta X airframe with the flight controller, smart payload interfaces and workflow integration introduced with Astro Max."Adding the Alta X Gen2 to our enterprise portfolio expands the options available to customers who require high payload capacity, extended endurance and flexible payload integration," said Jeremy Schneiderman, CEO of Drone Nerds. "Plus, Freefly Systems' modular approach and the availability of both standard and NDAA-compliant configurations allow operators to deploy the platform across a wide range of operational and regulatory environments.""The Alta X Gen2 was developed to support professional operators requiring heavy-lift capability and flexible payload integration," said Matt Isenbarger, Chief Revenue Officer at Freefly Systems. "Working with Drone Nerds helps make the platform available to enterprise and public sector customers, including those operating under NDAA requirements."Enterprise-Ready Heavy-Lift Performance
The Freefly Systems Alta X Gen2 is a professional heavy-lift drone designed to support demanding payload and integration requirements.Key platform capabilities include:Next-Generation Autonomy and Control: Powered by the same custom Skynode used in the Astro Max platform, supporting enhanced GPS resilience, precise navigation and integrated failsafe behavior35 lb. Payload Capacity: Supports large cinema payloads, advanced sensors or multiple payload configurations with stable flight performanceSmart Dovetail Payload Interface: Enables quick-connect payload options from Freefly Systems and certain other third-party developers, with expanded communication and power interfacesIndustrial-Grade Airframe: Built on Alta X's carbon-fiber frame with a weather-resistant design and rapid, field-deployable setupData-Driven Workflows: Integrated telemetry, mission planning tools and logging designed to support enterprise operations and inspection use casesExpanded Connectivity and Integration: Internal payload bay supports custom integrations with onboard Ethernet, regulated payload power and onboard Long Term Evolution ("LTE") for remote connectivityNDAA-Compliant Configuration
In addition to the standard configuration, Drone Nerds will also offer the Alta X Gen2 (NDAA) drone for operators who must meet federal sourcing, security and procurement requirements.Availability
The Freefly Systems Alta X Gen2 and Alta X Gen2 (NDAA) are available for pre-order through Drone Nerds' enterprise sales team. For more information, visit enterprise.dronenerds.com.About XTI Aerospace, Inc.
XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace technology company focused on the advancement of vertical flight. Through its Drone Nerds business, acquired in November 2025, XTIA is a premier provider of unmanned aircraft systems ("UAS"), solutions, services and hardware. Through its XTI Aircraft business, the Company is engaged in the development of advanced vertical takeoff and landing ("VTOL") aircraft with the range and speed of planes and the take-off and landing capability of helicopters.For more information about XTI, please visit xtiaerospace.com and follow XTI on LinkedIn, Instagram, X and YouTube.About Drone Nerds
Drone Nerds, LLC, a subsidiary of XTI Aerospace, Inc. (Nasdaq: XTIA), provides comprehensive drone solutions for enterprise, private and recreational needs. Established in 2014, Drone Nerds focuses on ensuring customers deploy the right UAS solutions for their unique operational requirements. Through its proprietary Always Flying™ program, Drone Nerds delivers enhanced reliability and assurance for enterprise implementations across industry verticals, including public safety, government, agriculture, construction, insurance, energy, inspection and more.For more information, visit enterprise.dronenerds.com.About Freefly Systems
Freefly Systems designs and manufactures professional-grade aerial platforms and payloads used in mapping, inspection and industrial applications. The company focuses on performance, reliability and workflow efficiency to support demanding aerial data capture operations.For more information, visit freeflysystems.com.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 are forward-looking statements including, without limitation, statements regarding the availability, operating performance, advantages and regulatory compliance of Freefly Systems products and the potential benefits of expanding Drone Nerds' product lineup.Forward-looking statements may be identified by words such as "believe," "continue," "could," "would," "will," "expect," "intend," "plan," "target," "estimate," "project," or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, limited control over development and availability of Freefly Systems' products, reputational or liability risks associated with offering third-party products, customer demand, market adoption, regulatory requirements, supply chain conditions, technological development, and changes in applicable laws or regulations. XTI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances. Readers are encouraged to review the risk factors described in XTI's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.Contacts:General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contact
Drone Nerds: marketing@dronenerds.comInvestor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: XTIA@redchip.com 










View original content to download multimedia:https://www.prnewswire.com/news-releases/xti-aerospaces-drone-nerds-business-adds-freefly-systems-alta-x-gen2-heavy-lift-drone-to-enterprise-portfolio-302680115.htmlSOURCE XTI Aerospace, Inc.

Original: XTI Aerospace's Drone Nerds Business Adds Freefly Systems Alta X Gen2 Heavy-Lift Drone to Enterprise Portfolio

XTI Aerospace Appoints Prominent Aviation Industry Insider Jonathan G. Ornstein to its Board of Directors, Signaling Accelerated Push for Drone Leadership and M&A-Driven GrowthFebruary 4, 2026 8:30 AM
PR Newswire (US)

Appointment of former Mesa Air Group chairman and CEO strengthens capital strategy, deal-making capability, and private-market access as XTI targets UAS dominanceENGLEWOOD, Colo., Feb. 4, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace," "XTI," or the "Company") an aerospace technology company focused on building and scaling its newly acquired subsidiary, Drone Nerds, LLC ("Drone Nerds"), today announced the appointment of Jonathan G. Ornstein to the Company's Board of Directors (the "Board"), effective February 1, 2026.







"This appointment reflects our strategic orientation toward leadership in the drone and unmanned aircraft systems market – a direction that will be supported by an increasingly active, disciplined and opportunistic M&A strategy," said Scott Pomeroy, Chief Executive Officer of XTI Aerospace.Across more than four decades of aviation industry experience, including 25 years as Chairman of Mesa Air Group, Ornstein has repeatedly demonstrated an ability to scale aviation businesses, execute complex transactions, allocate capital prudently and navigate highly regulated markets. Under his leadership, Mesa Air Group explored next-generation aviation technologies, including vertical takeoff and landing ("VTOL") platforms, and made a strategic investment in XTI which was announced in 2024."You can see the imprint of Jonathan's forward-thinking approach in everything he's done," said Pomeroy. "His addition to our Board is a force multiplier for where XTI is going. Jonathan brings unmatched experience in building and transforming aviation platforms and that matters enormously at this stage of our evolution.""XTI is building a serious drone and aerospace platform at a time when dominance in unmanned systems is becoming a strategic imperative," said Ornstein. "The Company's focus on drones, training, supply chain scale, and disciplined M&A, combined with a thoughtful approach to aircraft development financing, creates a powerful foundation. I look forward to supporting XTI as it executes aggressively and intelligently on that strategy."Ornstein will serve as an independent director and chair the Board's Nominating and Corporate Governance Committee. He will also serve on the Board's Audit and Compensation Committees.About XTI Aerospace, Inc.
XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace technology company focused on the advancement of vertical flight. Through its Drone Nerds business, acquired in November 2025, XTI is a premier provider of unmanned aircraft systems ("UAS"), solutions, services and hardware. Through its XTI Aircraft business, the Company is engaged in the development of advanced vertical takeoff and landing ("VTOL") aircraft with the range and speed of planes and the take-off and landing capability of helicopters.For more information about XTI, please visit xtiaerospace.com and follow XTI 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 are forward-looking statements.Forward-looking statements may be identified by words such as "believe," "continue," "could," "would," "will," "expect," "intend," "plan," "target," "estimate," "project," or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, market adoption, regulatory requirements, supply chain conditions, technological development, and changes in applicable laws or regulations. XTI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances. Readers are encouraged to review the risk factors described in XTI's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.ContactsGeneral inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contactInvestor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: XTIA@redchip.com 










View original content to download multimedia:https://www.prnewswire.com/news-releases/xti-aerospace-appoints-prominent-aviation-industry-insider-jonathan-g-ornstein-to-its-board-of-directors-signaling-accelerated-push-for-drone-leadership-and-ma-driven-growth-302678892.htmlSOURCE XTI Aerospace, Inc.

Original: XTI Aerospace Appoints Prominent Aviation Industry Insider Jonathan G. Ornstein to its Board of Directors, Signaling Accelerated Push for Drone Leadership and M&A-Driven Growth

XTI Aerospace Expands Drone Nerds LiDAR Portfolio with Freefly Systems FLUX SeriesJanuary 30, 2026 8:30 AM
PR Newswire (US)

Drone Nerds Adds Professional LiDAR Payload Options to Support Enterprise Mapping and Inspection WorkflowsENGLEWOOD, Colo., Jan. 30, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace," "XTI" or the "Company"), an aerospace technology company focused on building and scaling its newly acquired subsidiary, Drone Nerds, LLC ("Drone Nerds"), and its comprehensive unmanned aircraft system ("UAS") platform for enterprise and government customers, today announced the expansion of Drone Nerds' enterprise payload offerings with the addition of the Freefly Systems FLUX LiDAR series.







The FLUX LiDAR series from Freefly Systems includes multiple payload options designed to support professional aerial mapping, inspection, and measurement workflows. Through Drone Nerds, enterprise and public sector customers can now access LiDAR payloads that address a range of operational requirements, including high-precision data capture, long-range coverage, and deployment in regulated environments."LiDAR remote sensing technology is a critical tool for many enterprises," said Jeremy Schneiderman, CEO of Drone Nerds. "By adding the Freefly Systems FLUX LiDAR series to our payload portfolio, Drone Nerds believes that it will strengthen its role as the partner enterprise customers rely on to select, integrate, and deploy LiDAR solutions that align with their aircraft, workflows, and operational requirements.""The FLUX LiDAR series was developed to support professionals who need reliable, high-quality data capture across a wide range of operational scenarios," said Matt Isenbarger, CRO at Freefly Systems. "Working with Drone Nerds allows us to make these payloads more accessible to enterprise and public sector customers who value performance, flexibility, and practical integration into existing aerial workflows."Powerful LiDAR Solutions for Efficient Data Capture
The Freefly Systems FLUX LiDAR lineup includes three payload options for different mission priorities. The FLUX H1 is optimized for lightweight, high-precision mapping workflows. The FLUX O1 is built for regulated and policy-driven environments that require NDAA-compliant hardware and dense point cloud capture. The FLUX L1 supports long-range and wide-area mapping applications where coverage efficiency is critical.Together, the lineup will provide organizations with flexibility to select the LiDAR payload that best aligns with their operational requirements, platform configuration and deployment environment.The FLUX LiDAR payloads are compatible with Freefly Systems Smart Dovetail platforms, including Freefly Astro and Freefly Alta X, and support integration with DJI Skyport-enabled aircraft. This compatibility allows organizations to deploy FLUX payloads across mixed fleets and existing aerial operations.Availability
The Freefly Systems FLUX LiDAR Series is now available through Drone Nerds' enterprise sales team. For more information, visit enterprise.dronenerds.com.About XTI Aerospace, Inc.
XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace technology company focused on the advancement of vertical flight. Through its Drone Nerds business, acquired in November 2025, XTIA is a premier provider of unmanned aircraft systems ("UAS"), solutions, services and hardware. Through its XTI Aircraft business, the Company is engaged in the development of advanced vertical takeoff and landing ("VTOL") aircraft with the range and speed of planes and the take-off and landing capability of helicopters.For more information about XTI, please visit xtiaerospace.com and follow XTI on LinkedIn, Instagram, X, and YouTube.About Drone Nerds
Drone Nerds, LLC, a subsidiary of XTI Aerospace, Inc. (Nasdaq: XTIA), provides comprehensive drone solutions for enterprise, private, and recreational needs. Established in 2014, Drone Nerds focuses on ensuring customers deploy the right UAS solutions for their unique operational requirements. Through its proprietary Always Flying™ program, Drone Nerds delivers enhanced reliability and assurance for enterprise implementations across industry verticals, including public safety, government, agriculture, construction, insurance, energy, inspection, and more.For more information, visit enterprise.dronenerds.com.About Freefly Systems
Freefly Systems designs and manufactures professional-grade aerial platforms and payloads used in mapping, inspection, and industrial applications. The company focuses on performance, reliability, and workflow efficiency to support demanding aerial data capture operations.For more information, visit freeflysystems.com.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 are forward-looking statements including, without limitation, statements regarding the availability, operating performance, advantages and regulatory compliance of Freefly Systems' FLUX LiDAR series.Forward-looking statements may be identified by words such as "believe," "continue," "could," "would," "will," "expect," "intend," "plan," "target," "estimate," "project," or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, limited control over development and availability of third-party products, reputational or liability risks associated with offering third-party products, customer demand, market adoption, regulatory requirements, supply chain conditions, technological development, and changes in applicable laws or regulations. XTI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances. Readers are encouraged to review the risk factors described in XTI's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.Contacts:General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contact
Drone Nerds: marketing@dronenerds.comInvestor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: XTIA@redchip.com










View original content to download multimedia:https://www.prnewswire.com/news-releases/xti-aerospace-expands-drone-nerds-lidar-portfolio-with-freefly-systems-flux-series-302675053.htmlSOURCE XTI Aerospace, Inc.

Original: XTI Aerospace Expands Drone Nerds LiDAR Portfolio with Freefly Systems FLUX Series

XTI Aerospace Drone Nerds Expands into Wearable Augmented Reality Technology with XREAL AR GlassesJanuary 26, 2026 1:30 PM
PR Newswire (US)

Innovative AR Lineup Brings Immersive Experiences to Consumers and Enterprise UsersENGLEWOOD, Colo., Jan. 26, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI," or the "Company") an aerospace technology company focused on building and scaling its newly acquired subsidiary, Drone Nerds, LLC ("Drone Nerds"), and its comprehensive unmanned aircraft system ("UAS") platform for enterprise and government customers, today announced the expansion of Drone Nerds' camera and sensors product line with the addition of XREAL augmented reality glasses and accessories.







The addition of XREAL expands Drone Nerds' portfolio into wearable augmented reality technology that transforms how people experience content and visualize information. XREAL's lineup of AR glasses, spatial computing devices, and accessories delivers immersive virtual screens, high-quality Micro-OLED displays, spatial audio, and mobile interaction for entertainment, gaming, and productivity."XREAL brings innovative wearable display technology to our portfolio, expanding the ways customers can engage with immersive digital content," said Jeremy Schneiderman, CEO of Drone Nerds. "This addition reflects our ongoing focus on introducing new technologies that deliver meaningful value to our customers."Innovative Wearable Display Technology
The XREAL product ecosystem is built to deliver a seamless wearable augmented reality experience.XREAL One Pro serves as the flagship AR glasses, offering an expanded field of view, Sony Micro-OLED displays, and Bose-tuned open-ear audio for high-end immersive viewing.XREAL 1S provides a lightweight and more compact AR glasses option, designed for everyday comfort while still delivering vivid visuals and spatial sound.XREAL Beam Pro acts as the spatial computing companion, enabling app-based virtual screens, media playback, and interactive AR content.XREAL Eye adds spatial tracking and point-of-view capture, allowing virtual screens to anchor naturally in physical space.XREAL Hub provides fast charging and smooth video passthrough, supporting extended and uninterrupted use.Together, the ecosystem combines advanced display technology, spatial computing accessories, and mobile connectivity into a flexible AR platform designed for both personal and professional environments."XREAL is focused on making high-quality augmented reality accessible for everyday use through lightweight, comfortable eyewear and a flexible product ecosystem," stated Sebastian Luo, International Sales Head of XREAL. "By working with Drone Nerds, we are expanding access to wearable AR technology that enhances how people enjoy content, stay productive, and engage with digital experiences wherever they are."Availability
XREAL's lineup is now available through Drone Nerds' online store at www.dronenerds.comAbout XTI Aerospace, Inc.
XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace technology company focused on the advancement of vertical flight. Through its Drone Nerds business, acquired in November 2025, XTIA is a premier provider of unmanned aircraft systems ("UAS"), solutions, services and hardware. Through its XTI Aircraft business, the Company is engaged in the development of advanced vertical takeoff and landing ("VTOL") aircraft with the range and speed of planes and the take-off and landing capability of helicopters.For more information about XTI, please visit xtiaerospace.com and follow XTI on LinkedIn, Instagram, X, and YouTube.About Drone Nerds
Drone Nerds, LLC, a subsidiary of XTI Aerospace, Inc. (Nasdaq: XTIA), provides comprehensive drone solutions for enterprise, private, and recreational needs. Established in 2014, Drone Nerds focuses on ensuring customers deploy the right UAS solutions for their unique operational requirements. Through its proprietary Always Flying™ program, Drone Nerds delivers enhanced reliability and assurance for enterprise implementations across industry verticals, including public safety, government, agriculture, construction, insurance, energy, inspection, and more.
For more information, visit www.enterprise.dronenerds.com.About XREAL
XREAL is a global technology company focused on developing lightweight augmented reality eyewear and accessories designed to enhance how people view, interact with, and experience digital content. XREAL's products are built around high-quality display technology, wearable comfort, and practical everyday use cases, including entertainment, gaming, productivity, and immersive visualization.
With a focus on accessible AR experiences, XREAL continues to advance wearable display solutions that integrate seamlessly into modern lifestyles and professional workflows.
For more information, visit www.xreal.comCautionary 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 are forward-looking statements including, without limitation, statements regarding the availability, operating performance and advantages of XREAL augmented reality glasses and accessories offered by Drone Nerds and the potential benefits of expanding Drone Nerds' product lineup.Forward-looking statements may be identified by words such as "believe," "continue," "could," "would," "will," "expect," "intend," "plan," "target," "estimate," "project," or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, limited control over development and availability of XREAL's products, reputational or liability risks associated with offering third-party products, customer demand, market adoption, regulatory requirements, supply chain conditions, technological development, and changes in applicable laws or regulations. XTI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances. Readers are encouraged to review the risk factors described in XTI's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.Contacts:General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contactInvestor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: XTIA@redchip.com 










View original content to download multimedia:https://www.prnewswire.com/news-releases/xti-aerospace-drone-nerds-expands-into-wearable-augmented-reality-technology-with-xreal-ar-glasses-302670018.htmlSOURCE XTI Aerospace, Inc.

Original: XTI Aerospace Drone Nerds Expands into Wearable Augmented Reality Technology with XREAL AR Glasses

XTIA – Market Still Missing the CEO Letter + New Ag Platform
XTIA quietly dropped two updates that most retail hasn’t seen because neither one hit the usual distribution channels:

1) CEO Letter (8-K)
Outlines the actual roadmap for Drone Nerds scaling, enterprise/government UAS focus, and how they plan to grow revenue.
It never hit TOS, Yahoo, MarketWatch, or Stocktwits, so the market basically ignored it.

2) New ABZ Innovation L10 V2 Platform
European-built, CE/ISO certified, RTK-ready, CDA spraying tech, and positioned for high-value crops + fragmented fields.
This gives Drone Nerds a compliance-friendly option for customers who can’t buy Chinese-origin drones.

Why it matters:
XTIA is expanding its enterprise lineup while volume is dead and nobody is watching.
No hype, no pump — just under-the-radar execution.
If they start pairing these releases with actual revenue or contracts, that’s when the tape will finally react.

Posting this so people can see what’s actually happening behind the silence.

XTIA..........................................................https://stockcharts.com/sc3/ui/?s=XTIA&p=w&b=5&g=0&id=p86431144783

XTIA Town Hall Delayed. Dilution Not.

Retail was told answers were coming Nov 17. Instead, XTIA pushed the Town Hall to Dec 2 at 4:30 PM ET — two weeks of silence while Series 10 Preferred Stock quietly reshapes the float.

No shareholder Q&A. No defense of the 8,856% dilution. No transparency on insider conversion rights. Just filings, delays, and insulation.

While insiders gain leverage, retail waits.

This isn’t just a reschedule. It’s a tactical delay — buying time while the offering closes, the float shifts, and retail loses authorship.

Timestamp this:

Nov 12: Series 10 filed

Nov 15: iHub freezes

Nov 17: Town Hall canceled

Dec 2: New date, same silence

Retail deserves answers. Not delays.

Voting NO doesn’t block progress — it forces renegotiation. It demands terms that honor retail authorship, preserve leverage, and prevent a full narrative hijack.

This is a sovereignty moment. If we vote YES without conditions, we surrender the campaign we built. If we vote NO, we force clarity, protect the float, and keep XTIA accountable to the shareholders who kept it alive.

Vote NO. Preserve authorship. Demand better terms.

XTIA is finally absorbing real value — Drone Nerds brings $100M+ in revenue and direct alignment with the Army’s 1M drone mobilization. But the current deal gives Unusual Machines up to 49.9% ownership, effectively turning XTIA into a logistics node for someone else’s campaign.

Series 10 dilution, the Drone Nerds pivot.

anyone here own stock or do you all just talk about it?

XTIA...........................................https://stockcharts.com/sc3/ui/?s=XTIA&p=W&b=5&g=0&id=p86431144783

XTIA...$1.58...🥳... https://schrts.co/GQXegKsG ...Open Gap in the $2 range...Took a dip on the 15th on the Offering...

How long to wait, going to look up the SS

🚨🚨🚨💰💰💰💰💰💰💰🚨🚨🚨
💰💰💰💰LOADING 💰💰💰💰💰
💰💰💰💰AND💰💰💰💰💰💰💰
💰💰💰💰HOLDING 💰💰💰💰💰
💰💰💰💰AND 💰💰💰💰💰💰💰
💰💰💰💰WAITING 💰💰💰💰💰
💰💰💰💰FOR💰💰💰💰💰💰💰
💰💰💰💰FAA Approval💰💰💰💰
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨

Well, so much for the baby steps. Here comes dilution. Hey company 🖕🖕🖕

Baby steps is funny. This is a 13 year old POS SCAM using a walker just to stand. Still in a legal case with XERI over previous PUMP.


XTI Aircraft Company began its operations in late 2012, founded by inventor and engineer David Brody. The company's primary focus was the development of the TriFan 600, a hybrid-electric vertical takeoff and landing (VTOL) business aircraft

Any news is good news, eh? Baby steps in the right direction. The share price will follow. Look at the charts for its competition.

Here we go 🎅

May be here for awhile ....It will pop again at some point

XTIA...$2.41...🥳...Lets see that $2.90 Gap Fill...

georgie18

Member Level
Re: georgie18 post# 290

Thursday, July 17, 2025 11:38:42 AM

Post#
293
of 293
XTIA...$2.12...🥳...Volume...

georgie18

Member Level
Re: georgie18 post# 689202

Monday, July 14, 2025 9:05:16 AM

Post#
689230
of 689922
XTIA...$2.02...🥳... https://finviz.com/news/102633/artificial-intelligence-leader-and-united-states-central-command-advisor-charlie-burgoyne-joins-xti-aerospace-corporate-advisory-board

XTIA...$2.12...🥳...Volume...

georgie18

Member Level
Re: georgie18 post# 689202

Monday, July 14, 2025 9:05:16 AM

Post#
689230
of 689922
XTIA...$2.02...🥳... https://finviz.com/news/102633/artificial-intelligence-leader-and-united-states-central-command-advisor-charlie-burgoyne-joins-xti-aerospace-corporate-advisory-board

Be aware -
XTI Aerospace Inc. has split the face value 9 times since June 3, 2011. XTI Aerospace Inc. had last split the face value of its shares from $1 to $250 in 2025.The share has been quoting on an ex-split basis from Jan. 10, 2025.
Split Date Split Ratio
10 Jan 2025 1:250 Stock split
13 Mar 2024 1:100 Stock split
07 Oct 2022 1:75 Stock split
07 Jan 2020 1:45 Stock split
02 Nov 2018 1:40 Stock split
06 Feb 2018 1:30 Stock split
01 Mar 2017 1:15 Stock split
09 Apr 2014 1:2 Stock split
03 Jun 2011 1:20 Stock split

lol

XTIA...$2.02...🥳... https://finviz.com/news/102633/artificial-intelligence-leader-and-united-states-central-command-advisor-charlie-burgoyne-joins-xti-aerospace-corporate-advisory-board

XTIA...$1.99...🥳

georgie18

Member Level
Re: georgie18 post# 688644

Friday, July 11, 2025 11:40:48 AM

Post#
689104
of 689201
XTIA...$1.92...🥳...Added here to my $1.70s/$1.80s...The $1.75 S-1for m9 million shares should be done...

georgie18

Member Level
Re: georgie18 post# 282

Tuesday, July 08, 2025 5:03:01 PM

Post#
283
of 287
XTIA...$2.02...🥳...Break/Hold $2.23...and she fills the $2.90 range open gap...imo...we shall see...

Member Level
Re: georgie18 post# 688434

Tuesday, July 08, 2025 9:43:54 AM

Post#
688516
of 688643
XTIA...$1.92...🥳...Hod...

georgie18

Member Level
Re: georgie18 post# 280

Monday, July 07, 2025 7:09:19 PM

Post#
281
of 281
XTIA...$1.85...Hit $1.97...🥳Had strong News last week...Offering looks to be complete...

georgie18

Member Level
Re: AugustaFriends post# 687873

Wednesday, July 02, 2025 9:12:35 AM

Post#
687903
of 688433
XTIA...$1.74...🥳... https://finviz.com/news/94142/xti-completes-federal-aviation-administration-aircraft-structures-review

XTIA...$1.92...🥳...Added here to my $1.70s/$1.80s...The $1.75 S-1for m9 million shares should be done...

georgie18

Member Level
Re: georgie18 post# 282

Tuesday, July 08, 2025 5:03:01 PM

Post#
283
of 287
XTIA...$2.02...🥳...Break/Hold $2.23...and she fills the $2.90 range open gap...imo...we shall see...

Member Level
Re: georgie18 post# 688434

Tuesday, July 08, 2025 9:43:54 AM

Post#
688516
of 688643
XTIA...$1.92...🥳...Hod...

georgie18

Member Level
Re: georgie18 post# 280

Monday, July 07, 2025 7:09:19 PM

Post#
281
of 281
XTIA...$1.85...Hit $1.97...🥳Had strong News last week...Offering looks to be complete...

georgie18

Member Level
Re: AugustaFriends post# 687873

Wednesday, July 02, 2025 9:12:35 AM

Post#
687903
of 688433
XTIA...$1.74...🥳... https://finviz.com/news/94142/xti-completes-federal-aviation-administration-aircraft-structures-review

Gaps @

Not a "long", just a player.

I saw a commercial on tv for this company. Came here expecting to see a much different picture. What’s wrong with it? The one year chart looks HORRIBLE. What’s it actually got going for it? How does it rank with its competition - JOBY and ACHR? Those companies actually have product in production, contracts, endorsements, FAA approvals, etc. This is definitely an industry that will be lucrative, but what do they have other than marketing hype. Can any longs provide enlightenment? Thanks.

XTIA...$2.02...🥳...Break/Hold $2.23...and she fills the $2.90 range open gap...imo...we shall see...

Member Level
Re: georgie18 post# 688434

Tuesday, July 08, 2025 9:43:54 AM

Post#
688516
of 688643
XTIA...$1.92...🥳...Hod...

georgie18

Member Level
Re: georgie18 post# 280

Monday, July 07, 2025 7:09:19 PM

Post#
281
of 281
XTIA...$1.85...Hit $1.97...🥳Had strong News last week...Offering looks to be complete...

georgie18

Member Level
Re: AugustaFriends post# 687873

Wednesday, July 02, 2025 9:12:35 AM

Post#
687903
of 688433
XTIA...$1.74...🥳... https://finviz.com/news/94142/xti-completes-federal-aviation-administration-aircraft-structures-review

XTIA...$1.92...🥳...Hod...

georgie18

Member Level
Re: georgie18 post# 280

Monday, July 07, 2025 7:09:19 PM

Post#
281
of 281
XTIA...$1.85...Hit $1.97...🥳Had strong News last week...Offering looks to be complete...

georgie18

Member Level
Re: AugustaFriends post# 687873

Wednesday, July 02, 2025 9:12:35 AM

Post#
687903
of 688433
XTIA...$1.74...🥳... https://finviz.com/news/94142/xti-completes-federal-aviation-administration-aircraft-structures-review

XTIA...$1.85...Hit $1.97...🥳Had strong News last week...Offering looks to be complete...

georgie18

Member Level
Re: AugustaFriends post# 687873

Wednesday, July 02, 2025 9:12:35 AM

Post#
687903
of 688433
XTIA...$1.74...🥳... https://finviz.com/news/94142/xti-completes-federal-aviation-administration-aircraft-structures-review

XTIA...$1.74...🥳... https://finviz.com/news/94142/xti-completes-federal-aviation-administration-aircraft-structures-review

Just another P&D

XTIA...$1.72...Trying to Reverse here...🥳

georgie18

Member Level
Re: georgie18 post# 394792

Friday, June 27, 2025 10:13:27 AM

Post#
394885
of 394961
XTIA...$1.70...🥳...Trying to Reverse here post offering...Shorts on it right now...

georgie18

Member Level
Re: georgie18 post# 269

Wednesday, June 25, 2025 1:08:16 PM

Post#
274
of 274
XTIA...$1.79...🥳...Loading the offering dip... https://finviz.com/news/87799/xti-aerospace-announces-pricing-of-16-million-public-offering#google_vignette

georgie18

Member Level
Re: georgie18 post# 394689

Tuesday, June 24, 2025 9:38:04 AM

Post#
394708
of 394792
XTIA...$2.92...🥳...Off the $2.60 range dip...

georgie18

Member Level
Re: georgie18 post# 266

Monday, June 23, 2025 4:05:52 PM

Post#
267
of 268
XTIA...Added the $2.60 range dip...🥳...Average just above $3 now...

georgie18

Member Level
Re: georgie18 post# 394671

Monday, June 23, 2025 10:31:12 AM

Post#
394675
of 394688
XTIA...$3.04...🥳...Hod...Watch for Red to Green Reversal...

georgie18

Member Level
Re: georgie18 post# 264

Monday, June 23, 2025 10:10:01 AM

Post#
265
of 265
XTIA...$2.95...🥳...Off the $2.70 Range dip...Upside Down on this one ...

georgie18

Member Level
Re: georgie18 post# 263

Wednesday, June 18, 2025 9:39:13 AM

Post#
264
of 264
XTIA...Loaded the $3.40 range dip...🥳

georgie18

Member Level
Re: georgie18 post# 686170

Tuesday, June 17, 2025 3:10:25 PM

Post#
686171
of 686256
XTIA...$4.15...🥳...Open Gap in the $4.70 range...

georgie18

Member Level
Re: georgie18 post# 261

Tuesday, June 17, 2025 2:56:12 PM

Post#
262
of 262
XTIA...$4.04...Hod...🥳

georgie18

Member Level
Re: None

Tuesday, June 17, 2025 1:29:17 PM

Post#
686159
of 686169
XTIA...$3.87...Zero Borrow...🥳

Yup...caused the dip...🥳...Loaded the 41.60 range dip...