ENGLEWOOD, Colo., Aug. 5, 2024
/PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) today unveiled
its new corporate video showcasing the TriFan 600, a fixed-wing
vertical takeoff and landing (VTOL) aircraft currently in
development.
The video is available on the company's website at
https://xtiaerospace.com/.
Scott Pomeroy, CEO of XTI,
commented, "We are excited to share this new corporate video hosted
by David Brody, the founder of XTI
Aircraft. At XTI Aerospace, we're turning the impossible into
reality and believe we have the potential to revolutionize aviation
with our state-of-the-art VTOL TriFan 600 aircraft. The TriFan 600
is a game-changer for aviation, merging the versatility of
helicopters with the speed of airplanes. We're not just dreaming
big – we're making it happen. We hope you enjoy this video and
learn more about the birth of the TriFan 600 and our progress."
About XTI Aerospace, Inc.
XTI Aerospace (XTIAerospace.com) is the parent company of XTI
Aircraft Company (XTIAircraft.com), an aviation business based near
Denver, Colorado, currently
developing the TriFan 600, a fixed-wing business aircraft
designed to have the vertical takeoff and landing (VTOL) capability
of a helicopter, speeds of 345 mph and a range of 700 miles,
creating an entirely new category – the vertical lift crossover
airplane (VLCA). Additionally, the Inpixon (inpixon.com) business
unit of XTI Aerospace is a leader in RTLS technology with customers
around the world who use the Company's location intelligence
solutions in factories and other industrial facilities to help
optimize operations, increase productivity, and enhance safety. For
more information about XTI Aerospace, please
visit XTIAerospace.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains certain "forward-looking statements"
within the meaning of the United States Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act,
and Section 21E of the Exchange Act. All statements other than
statements of historical fact contained in this press release,
including without limitation, statements the products under
development by XTI, the advantages of XTI's technology, the
combined company's customers, plans and strategies are
forward-looking statements.
Some of these forward-looking statements can be identified by
the use of forward-looking words, including "believe," "continue,"
"could," "would," "will," "estimate," "expect," "intend," "plan,"
"target," "projects," or the negatives of these terms or variations
of them or similar expressions. All forward-looking statements are
subject to risks, uncertainties, and other factors which could
cause actual results to differ materially from those expressed or
implied by such forward-looking statements. All forward-looking
statements are based upon estimates, forecasts, and assumptions
that, while considered reasonable by XTI Aerospace and its
management, are inherently uncertain, and many factors may cause
the actual results to differ materially from current expectations.
XTI undertakes no obligation to revise any forward-looking
statements in order to reflect events or circumstances that might
subsequently arise. Readers are urged to carefully review and
consider the risk factors discussed from time to time in XTI's
filings with the SEC, including those factors discussed under the
caption "Risk Factors" in its most recent annual report on Form
10-K, filed with the SEC on April 16,
2024, and in subsequent reports filed with or furnished to
the SEC.
Contacts
General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contact/
Investor Relations:
Crescendo Communications
Tel: +1 212-671-1020
Email: XTIA@crescendo-ir.com
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SOURCE XTI Aerospace, Inc.