Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 8, 2024

XTI AEROSPACE, INC.

(Exact name of registrant as specified in its charter)

Nevada		001-36404		88-0434915
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

8123 InterPort Blvd., Suite C

Englewood, CO

80112

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (800) 680-7412

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class		Trading Symbol(s)		Name of Each Exchange on Which Registered
Common Stock		XTIA		The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

XTI Aerospace, Inc. (the “Company”) has prepared an updated corporate presentation that it intends, from time to time, to present and/or distribute to the investment community and utilize at various industry and other conferences. A copy of the presentation is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. This presentation will be posted on the “Presentations” tab of the “Company Info” section of the Company’s investor relations website at https://ir.xtiaerospace.com/company-information/presentations.

The information furnished under this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any filings made by the Company pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Investor Presentation
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	XTI AEROSPACE, INC.

Date: August 8, 2024	By:	/s/ Scott Pomeroy
	Name:	Scott Pomeroy
	Title:	Chief Executive Officer

Exhibit 99.1

1 . ľ kc Ï u ī u í c of € i í ľí a"cl NASDAQ: XľIA

2 Disclaimcí ľkis pícsc ⭲ tatio ⭲ co ⭲ tai ⭲ s roíwaíd - looki ⭲ g statcmc ⭲ ts witki ⭲ tkc mca ⭲ i ⭲ g or tkc Píi : atc Scc"íitics Ḻitigatio ⭲ Rcroím Act or 1995 a ⭲ d tkc pío : isio ⭲ s or Scctio ⭲ 27 A or tkc Scc"íitics Act or 19 ««, as amc ⭲ dcd (tkc “Scc"íitics Act”), a ⭲ d Scctio ⭲ 21 E or tkc Scc"íitics Excka ⭲ gc Act or 19 « 4 , as amc ⭲ dcd (tkc “Excka ⭲ gc Act”) . Ioíwaíd - looki ⭲ g statcmc ⭲ ts gi : c o"í c"ííc ⭲ t cxpcctatio ⭲ s oí roíccasts or r"t"íc c : c ⭲ ts . Yo" ca ⭲ idc ⭲ tirQ tkcsc statcmc ⭲ ts bQ tkc ract tkat tkcQ do ⭲ ot íclatc stíictlQ to kistoíical oí c"ííc ⭲ t racts . Yo" ca ⭲ ri ⭲ d ma ⭲ Q (b"t ⭲ ot all) or tkcsc statcmc ⭲ ts bQ looki ⭲ g roí woíds s"ck as “appíoximatcs,” “bclic : cs,” “kopcs,” “cxpccts,” “a ⭲ ticipatcs,” “cstimatcs,” “píojccts,” “i ⭲ tc ⭲ ds,” “pla ⭲ s,” “wo"ld,” “sko"ld,” “co"ld,” “maQ,” oí otkcí similaí cxpícssio ⭲ s i ⭲ tkis ícpoít . I ⭲ paític"laí, tkcsc i ⭲ cl"dc statcmc ⭲ ts íclati ⭲ g to r"t"íc actio ⭲ s ; píospccti : c píod"cts, a ⭲ ticipatcd cxpc ⭲ scs, applicatio ⭲ s, c"stomcís a ⭲ d tcck ⭲ ologics ; r"t"íc pcíroíma ⭲ cc oí ícs"lts or a ⭲ ticipatcd píod"cts ; a ⭲ d píojcctcd cxpc ⭲ scs a ⭲ d ri ⭲ a ⭲ cial ícs"lts . ľkcsc roíwaíd - looki ⭲ g statcmc ⭲ ts aíc s"bjcct to ccítai ⭲ íisks a ⭲ d " ⭲ ccítai ⭲ tics tkat co"ld ca"sc act"al ícs"lts to dirrcí matcíiallQ ríom o"í kistoíical cxpcíic ⭲ cc a ⭲ d o"í pícsc ⭲ t cxpcctatio ⭲ s oí píojcctio ⭲ s . Iactoís tkat co"ld ca"sc act"al ícs"lts to dirrcí ríom tkosc disc"sscd i ⭲ tkc roíwaíd - looki ⭲ g statcmc ⭲ ts i ⭲ cl"dc, b"t aíc ⭲ ot limitcd to : tkc Compa ⭲ Q’s kistoíQ or losscs ; o"í abilitQ to ackic : c oí mai ⭲ tai ⭲ píoritabilitQ i ⭲ tkc r"t"íc ; o"í limitcd opcíati ⭲ g kistoíQ witk tkc íccc ⭲ t b"si ⭲ css combi ⭲ atio ⭲ witk XľI Aiícíart Compa ⭲ Q (tkc "XľI Mcígcí") ; o"í abilitQ to mcct tkc dc : clopmc ⭲ t a ⭲ d commcícializatio ⭲ sckcd"lc witk ícspcct to tkc ľíiIa ⭲ 600 ; tkc íisk tkat XľI kas ⭲ ot Qct ma ⭲ "ract"ícd a ⭲ Q ⭲ o ⭲ - píototQpc aiícíart oí dcli : cícd a ⭲ Q aiícíart to a c"stomcí, a ⭲ d XľI a ⭲ d its c"ííc ⭲ t a ⭲ d r"t"íc collaboíatoís maQ b c " ⭲ ablc to s"cccssr"llQ dc : clop a ⭲ d maíkct XľI’s aiícíart oí sol"tio ⭲ s, oí maQ cxpcíic ⭲ cc sig ⭲ irica ⭲ t dclaQs i ⭲ doi ⭲ g so ; XľI is s"bjcct to tkc " ⭲ ccítai ⭲ tics associatcd witk tkc ícg"latoíQ appío : als or its aiícíart i ⭲ cl"di ⭲ g tkc ccítiricatio ⭲ bQ tkc Icdcíal A : iatio ⭲ Admi ⭲ istíatio ⭲ , wkick is a lc ⭲ gtkQ a ⭲ d costlQ píoccss, o"í abilitQ to obtai ⭲ adcq"atc ri ⭲ a ⭲ ci ⭲ g i ⭲ tkc r"t"íc as ⭲ ccdcd ; cmcígi ⭲ g compctitio ⭲ a ⭲ d íapidlQ ad : a ⭲ ci ⭲ g tcck ⭲ ologQ tkat maQ o"tpacc o"í tcck ⭲ ologQ ; c"stomcí dcma ⭲ d roí tkc píod"cts a ⭲ d scí : iccs wc dc : clop ; tkc impact or compctiti : c oí altcí ⭲ ati : c píod"cts, tcck ⭲ ologics a ⭲ d píici ⭲ g ; o"í abilitQ to dc : clop otkcí ⭲ cw píod"cts a ⭲ d tcck ⭲ ologics ; o"í abilitQ to ⭲ a : igatc tkc ícg"latoíQ c ⭲ : iío ⭲ mc ⭲ t a ⭲ d complcxitics witk complia ⭲ cc íclatcd to s"ck c ⭲ : iío ⭲ mc ⭲ t ; o"í abilitQ to attíact c"stomcís a ⭲ d/oí r"lrill c"stomcí oídcís ; o"í abilitQ to c ⭲ ka ⭲ cc a ⭲ d mai ⭲ tai ⭲ tkc ícp"tatio ⭲ or o"í bía ⭲ d a ⭲ d cxpa ⭲ d its c"stomcí basc ; o"í abilitQ to scalc i ⭲ a cost - crrccti : c ma ⭲⭲ cí a ⭲ d mai ⭲ tai ⭲ a ⭲ d cxpa ⭲ d o"í ma ⭲ "ract"íi ⭲ g a ⭲ d s"pplQ ckai ⭲ íclatio ⭲ skips ; gc ⭲ cíal cco ⭲ omic co ⭲ ditio ⭲ s a ⭲ d c : c ⭲ ts a ⭲ d tkc impact tkcQ maQ ka : c o ⭲ "s a ⭲ d o"í potc ⭲ tial c"stomcís, i ⭲ cl"di ⭲ g, b"t ⭲ ot limitcd to i ⭲ cícascs i ⭲ i ⭲ rlatio ⭲ íatcs a ⭲ d íatcs or i ⭲ tcícst, s"pplQ ckai ⭲ ckallc ⭲ gcs, cQbcíscc"íitQ attacks, o"í abilitQ to mai ⭲ tai ⭲ complia ⭲ cc witk tkc co ⭲ ti ⭲ "cd listi ⭲ g ícq"iícmc ⭲ ts or tkc Nasdaq Capital Maíkct ; laws"its a ⭲ d otkcí claims bQ tkiíd paítics oí i ⭲ : cstigatio ⭲ s bQ : aíio"s ícg"latoíQ agc ⭲ cics tkat wc maQ bc s"bjcctcd to a ⭲ d aíc ícq"iícd to ícpoít ; o"í abilitQ to ícspo ⭲ d to a rail"íc or o"í sQstcms a ⭲ d tcck ⭲ ologQ to opcíatc o"í b"si ⭲ css ; o"í abilitQ to píotcct o"í i ⭲ tcllcct"al píopcítQ ; tkc o"tcomc or a ⭲ Q k ⭲ ow ⭲ a ⭲ d " ⭲ k ⭲ ow ⭲ litigatio ⭲ a ⭲ d ícg"latoíQ píocccdi ⭲ gs ; o"í s"cccss at ma ⭲ agi ⭲ g tkc íisks i ⭲ : ol : cd i ⭲ tkc roícgoi ⭲ g itcms ; a ⭲ d otkcí ractoís wkctkcí oí ⭲ ot disc"sscd i ⭲ tkis pícsc ⭲ tatio ⭲ . ľkc roíwaíd - looki ⭲ g statcmc ⭲ ts aíc bascd "po ⭲ ma ⭲ agcmc ⭲ t’s bclicrs a ⭲ d ass"mptio ⭲ s a ⭲ d aíc madc as or tkc datc or tkis ícpoít . Wc " ⭲ dcítakc ⭲ o obligatio ⭲ to p"bliclQ "pdatc oí íc : isc a ⭲ Q roíwaíd - looki ⭲ g statcmc ⭲ ts i ⭲ cl"dcd i ⭲ tkis ícpoít . Yo" sko"ld ⭲ ot placc " ⭲ d"c íclia ⭲ cc o ⭲ tkcsc roíwaíd - looki ⭲ g statcmc ⭲ ts . ľkis pícsc ⭲ tatio ⭲ also co ⭲ tai ⭲ s oí maQ co ⭲ tai ⭲ cstimatcs, píojcctio ⭲ s a ⭲ d otkcí i ⭲ roímatio ⭲ co ⭲ ccí ⭲ i ⭲ g o"í i ⭲ d"stíQ a ⭲ d o"í b"si ⭲ css, i ⭲ cl"di ⭲ g data ícgaídi ⭲ g tkc cstimatcd sizc or o"í maíkcts a ⭲ d tkcií píojcctcd gíowtk íatcs . I ⭲ roímatio ⭲ tkat is bascd o ⭲ cstimatcs, roíccasts, píojcctio ⭲ s oí similaí mctkodologics is i ⭲ kcíc ⭲ tlQ s"bjcct to " ⭲ ccítai ⭲ tics a ⭲ d act"al c : c ⭲ ts oí ciíc"msta ⭲ ccs maQ dirrcí matcíiallQ ríom c : c ⭲ ts a ⭲ d ciíc"msta ⭲ ccs ícrlcctcd i ⭲ tkis i ⭲ roímatio ⭲ . U ⭲ lcss otkcíwisc cxpícsslQ statcd, wc obtai ⭲ cd tkcsc i ⭲ d"stíQ, b"si ⭲ css, maíkct a ⭲ d otkcí data ríom ícpoíts, st"dics a ⭲ d similaí data pícpaícd bQ tkiíd paítics, i ⭲ d"stíQ a ⭲ d gc ⭲ cíal p"blicatio ⭲ s, go:cí ⭲ mc ⭲ t data a ⭲ d similaí so"íccs. I ⭲ somc cascs, wc do ⭲ ot cxpícsslQ ícrcí to tkc so"íccs ríom wkick tkcsc data aíc dcíi:cd.

Strictly Private and Confidential O:cí:icw Vidco ľíiIa ⭲ 600 Vidco «

4 ľkc ⭲ cxt íc:olutio ⭲ i ⭲ aií tía:cl is u ⭲ dcíwaQ . . . O"í “cíosso:cí” aiípla ⭲ c will clcga ⭲ tlQ blc ⭲ d tkc bcst or a b"si ⭲ css aiícíart a ⭲ d a kclicoptcí i ⭲ to o ⭲ c kigklQ :císatilc aiípla ⭲ c. Pcíso ⭲ alizcd Poi ⭲ t - to - Poi ⭲ t Aií ľía:cl 700 ½iles i ⭲ píessuíized co½roíť Sig ⭲ ifica ⭲ t ľimc Sa:i ⭲ gs ľ ice ť”e speed or ½osť co ⭲ »e ⭲ ťio ⭲ al ”elicopťeís Immcdiatc E ⭲ tíQ i ⭲ to Scí:icc (EIS) No aiťi ⭲ g roí ⭲ e íegulaťio ⭲ s oí co ⭲ sťíucťio ⭲ * ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc : clopmc ⭲ t . Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis . S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ . TriFan 600 is the arguably the most transformative design shift in aviation in the last half - century. ”XTI Aerospace brings an unprecedented level of versatility to commercial and private aviation.” - Jonathan Ornstein, Mesa Air Group, Chairman and CEO Mesa Airlines Investment in XTI and Conditional Pre - Order for 100 TriFan 600 Aircraft

5 » Nasdaq listcd: XľIA » Vcítical Lift Cíosso:cí Aiípla ⭲ c (VLCA) » O:cí 700 co ⭲ ditio ⭲ al píc - oídcís 1 totali ⭲ g o:cí $7 billio ⭲ i ⭲ gíoss íc:c ⭲ ucs 2 » Limitcd compctitio ⭲ ; Patc ⭲ tcd » ľAM $125B bQ 2030 3 » E ⭲ tcípíisc :aluc of XľI Aiícíaft subsidiaíQ asccítai ⭲ cd bQ 3íd paítQ to bc witki ⭲ tkc ía ⭲ gc of $252 millio ⭲ a ⭲ d $343 millio ⭲ as of JulQ 2023 1. Co ⭲ ditio ⭲ al píc - oídcís ícrcís to a combi ⭲ atio ⭲ or co ⭲ ditio ⭲ al aiícíart p"íckasc agíccmc ⭲ ts, ⭲ o ⭲ - bi ⭲ di ⭲ g ícscí:atio ⭲ dcposit agíccmc ⭲ ts, optio ⭲ s a ⭲ d lcttcís or i ⭲ tc ⭲ t ríom potc ⭲ tial p"íckascís. 2. Bascd o ⭲ XľI's c"ííc ⭲ t list píicc or $10 millio ⭲ pcí aiícíart a ⭲ d ass"mi ⭲ g XľI is ablc to cxcc"tc o ⭲ tkc dc:clopmc ⭲ t píogíam roí tkc ľíiIa ⭲ 600, scc"íc IAA ccítiricatio ⭲ , a ⭲ d dcli:cí tkc aiícíart. «. ľAM cstimatcd as a ⭲ aggícgatc or b"si ⭲ css jcts maíkct: $«0.1B i ⭲ 2022, so"ícc: kttps://www.maíkctsa ⭲ dmaíkcts.com/Maíkct - Rcpoíts/b"si ⭲ css - jct - maíkct - ««69®426.ktml; kclicoptcís maíkct: $«0.6B i ⭲ 2022, so"ícc: kttps : //www . maíkctsa ⭲ dmaíkcts . com/Maíkct - Rcpoíts/kclicoptcís - maíkct - 25 « 4677 ® 5 . ktml ; Emcígi ⭲ g Uíba ⭲ Aií MobilitQ (UAM) maíkct : $ 50 B bQ 20 « 0 , so"ícc : kttps : //asscts .: cíticalmag . com/wp - co ⭲ tc ⭲ t/"ploads/ 2021 / 05 /Moíga ⭲ - Sta ⭲ lcQ - URBAN_ 20210506 _ 0000 . pdr ; Emcígi ⭲ g Rcgio ⭲ al Aií MobilitQ (RAM) maíkct : $ 15 B bQ 20 « 0 (midpoi ⭲ t bctwcc ⭲ low & kigk cstimatc), so"ícc : kttps : //www . mcki ⭲ scQ . com/i ⭲ d"stíics/acíospacc - a ⭲ d - dcrc ⭲ sc/o"í - i ⭲ sigkts/skoít - ka"l - rlQi ⭲ g - ícdcri ⭲ cd - tkc - píomisc - or - ícgio ⭲ al - aií - mobilitQ . 4 . ľkc c ⭲ tcípíisc : al"c or XľI was asccítai ⭲ cd bQ a ⭲ i ⭲ dcpc ⭲ dc ⭲ t ri ⭲ a ⭲ cial ad : isoíQ riím artcí compaíiso ⭲ witk ccítai ⭲ p"blic compa ⭲ ics witk similaí b"si ⭲ css modcls to XľI i ⭲ tkc aií tía : cl/VľOḺ scgmc ⭲ t or tkc a : iatio ⭲ i ⭲ d"stíQ, witk a ⭲ a : cíagc c ⭲ tcípíisc : al"c or appíoximatclQ $ 1 . 6 billio ⭲ . XľI Acíospacc O:cí:icw

6 Scott PomcíoQ Ckaiíma ⭲ & CEO or XľI Acíospacc, I ⭲ c . SoumQa Das CEO or RľḺS B"si ⭲ css Ki:isio ⭲ XľIA Lcadcískip Bíookc ľuík CIO or XľI Acíospacc, I ⭲ c. Salccm Zakccí Ckicr Commcícial Orriccí or XľI Acíospacc, I ⭲ c . Do ⭲ C. PuídQ Sc ⭲ ioí Vicc Pícsidc ⭲ t, B"si ⭲ css a ⭲ d Píogíam Kc:clopmc ⭲ t XľI Acíospacc, I ⭲ c. 6

7 VľOL Ra ⭲ gc 600 NM / 700 mi / 1100 km Dcsig ⭲ cd Cíuisc Spccd «00 kts / «45 mpk / 555 kpk Dcsig ⭲ cd Cíuisc Altitudc 25,000 rt Ccítificd IÏR Kcsig ⭲ cd to rlQ i ⭲ to clo"ds & k ⭲ ow ⭲ ici ⭲ g Dcsig ⭲ cd to Opcíatc fíom • Hclipads • Iiím gío" ⭲ d • Aiípoíts XľI ľíiÏa ⭲ G00 VLCA Pcífoíma ⭲ cc 1 NO NEW INÏRASľRUCľURE REQUIRED 1 ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc:clopmc ⭲ t. Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis. S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ VľOL Ra ⭲ gc 700 mi VľOL Ra ⭲ gc 700 mi Hclc ⭲ a Las Vcgas Vcítipoít Ckicago Los A ⭲ gclcs Ka ⭲ sas CitQ SÏO Ok CitQ Boisc Sacíamc ⭲ to Salt Lakc CitQ Poítla ⭲ d Ba ⭲ goí Atla ⭲ ta Jackso ⭲ :illc Caspcí Bismaíck ľampa DC Louis:illc Dc ⭲ :cí Bosto ⭲ Dctíoit Pittsbuígk Omaka Pkoc ⭲ ix Albuqucíquc Dallas Va ⭲ cou:cí Ncw Yoík ľoío ⭲ to Mcmpkis Mi ⭲⭲ capolis Housto ⭲ Ncw Oílca ⭲ s Scattlc Miami Ckaílottc

8 Pícsidc ⭲ t or Ccss ⭲ a Mcmbcí, Li:i ⭲ g Lcgc ⭲ ds of A:iatio ⭲ Ka ⭲ sas & Coloíado A:iatio ⭲ Halls of Ïamc U.S. Aií Ïoícc rigktcí pilot Kiícctoí Píogíam Ma ⭲ agcmc ⭲ t at XľI Sí Píojcct E ⭲ gi ⭲ ccí at Acíio ⭲ Supcíso ⭲ ic Sí Píogíam Ma ⭲ agcí at NORDAM Sí E ⭲ gi ⭲ ccí at Noítkíop Gíumma ⭲ Kiícctoí or tkc AVX píogíam dc:clopmc ⭲ t & b"si ⭲ css dc:clopmc ⭲ t or tkc ľíiIa ⭲ 600 Colli ⭲ s Acíospacc (RľX) Kiícctoí or StíatcgQ Kc:clopmc ⭲ t Ho ⭲ cQwcll, I ⭲ c. B"si ⭲ css Kc:clopmc ⭲ t ľcam of Expcíic ⭲ ccd A:iatio ⭲ Vctcía ⭲ s 250 Qcaís or collccti:c acíospacc cxpcíic ⭲ cc. O:cí 40 aiícíart ccítiricd. Do ⭲ PuídQ SVP, B"si ⭲ css & Píogíams or XľIA Scott PomcíoQ Boaíd Kiícctoí XľIA CEO Salccm Zakccí CCO or XľIA O:císaw stíatcgQ, b"si ⭲ css dc:clopmc ⭲ t at XľI Aiícíaft Da:c Ambíosc VP E ⭲ gi ⭲ ccíi ⭲ g Kcitk Da:is VP Píogíams VP Iligkt Opcíatio ⭲ s & Spccial Píojccts I ⭲ diGo Aiíli ⭲ cs U ⭲ itcd Aiíli ⭲ cs Captai ⭲ Kiícctoí Aií Vckiclc I ⭲ tcgíatio ⭲ XľI Vckiclc I ⭲ tcgíatio ⭲ Ḻcad, Acíio ⭲ Supcíso ⭲ ic Lockkccd Sku ⭲ k Woíks I«5 Joi ⭲ t Stíikc Iigktcí Píop"lsio ⭲ E ⭲ gi ⭲ ccí, Ccss ⭲ a Boaíd Mcmbcí AVX Aiícíaft Compa ⭲ Q Co - fou ⭲ dcí Gc ⭲ « – Bo"tiq"c Mcícka ⭲ t Ba ⭲ k. $50M íaiscd CÏO, Dcx Mcdia Ma ⭲ agcd $10B íaiscs Ckaílic Jok ⭲ so ⭲ Ckicr Opcíati ⭲ g Ad:isoí

9 Extc ⭲ si:c Dcsig ⭲ Woík Complctcd Airframe: Fuel System: Landing Gear: Drive System: Propulsion System:

10 Píclimi ⭲ aíQ Dcsig ⭲ Rc:icw (PDR) U ⭲ dcíwaQ Expected Milestones Q3 2024 » Definitive agreement with AVX Aircraft Company for further design and development of the TriFan 600 Vertical Lift Crossover Airplane. Q4 2024 » Alliance Perot Field (Fort Worth, TX) Engineering Offices » Select Engine Supplier, Cabin Integrator and Drivetrain Suppliers Q1 2025 » Chief Engineer – Engineering Update » Select Avionics Supplier Q2 2025 » Engineering Facilities Update » Marketing Demonstrator Update Q3 2025 » Virtual/Augmented Reality Cabin Experience Update » Engineering and Development Update Q4 2025 » PDR Completion Capital Requirements Through PDR: Approximately $50 million XľI 65% - Scalc Píoor - or - Co ⭲ ccpt Vckiclc (2017 – 2020) Ho:cí ľcsts

11 KcQ Higkligkts I ⭲ :cstmc ⭲ t Oppoítu ⭲ itQ : XľI «íd paítQ :aluatio ⭲ ía ⭲ gc: $252 to $«4« millio ⭲ 5 ľíactio ⭲ cstabliskcd : 700+ co ⭲ ditio ⭲ al píc - oídcís 2 ľía ⭲ sfoímatio ⭲ al : VcísatilitQ, RcliabilitQ a ⭲ d SafctQ Sig ⭲ ifica ⭲ t ľAM : 125 billio ⭲ total addícssablc maíkct bQ 20«0 1 1 ľAM cstimatcd as a ⭲ aggícgatc or b"si ⭲ css jcts maíkct: $«0.1B i ⭲ 2022, so"ícc: kttps://www.maíkctsa ⭲ dmaíkcts.com/Maíkct - Rcpoíts/b"si ⭲ css - jct - maíkct - ««69®426.ktml; kclicoptcís maíkct: $«0.6B i ⭲ 2022, so"ícc: kttps://www.maíkctsa ⭲ dmaíkcts.com/Maíkct - Rcpoíts/kclicoptcís - maíkct - 25«4677®5.ktml; Emcígi ⭲ g Uíba ⭲ Aií MobilitQ (UAM) maíkct: $50B bQ 20«0, so"ícc: kttps://asscts.:cíticalmag.com/wp - co ⭲ tc ⭲ t/"ploads/2021/05/Moíga ⭲ - Sta ⭲ lcQ - URBAN_20210506_0000.pdr; Emcígi ⭲ g Rcgio ⭲ al Aií MobilitQ (RAM) maíkct: $15B bQ 20«0 (midpoi ⭲ t bctwcc ⭲ low & kigk cstimatc), so"ícc: kttps://www.mcki ⭲ scQ.com/i ⭲ d"stíics/acíospacc - a ⭲ d - dcrc ⭲ sc/o"í - i ⭲ sigkts/skoít - ka"l - rlQi ⭲ g - ícdcri ⭲ cd - tkc - píomisc - or - ícgio ⭲ al - aií - mobilitQ . 2 A combi ⭲ atio ⭲ or co ⭲ ditio ⭲ al aiícíart p"íckasc agíccmc ⭲ ts, ⭲ o ⭲ - bi ⭲ di ⭲ g ícscí:atio ⭲ dcposit agíccmc ⭲ ts, a ⭲ d optio ⭲ s. « ľkc c ⭲ tcípíisc :al"c or XľI was asccítai ⭲ cd bQ a ⭲ i ⭲ dcpc ⭲ dc ⭲ t ri ⭲ a ⭲ cial ad:isoíQ riím artcí compaíiso ⭲ witk ccítai ⭲ p"blic compa ⭲ ics witk similaí b"si ⭲ css modcls to XľI i ⭲ tkc aií tía:cl/VľOḺ scgmc ⭲ t or tkc a:iatio ⭲ i ⭲ d"stíQ, witk a ⭲ a:cíagc c ⭲ tcípíisc :al"c or appíoximatclQ $1.6 billio ⭲ . Es ī i ½ a ī cs a ⭲ d P í ojcc ī io ⭲ s XľIA is guided by a leadeís”ip ťea½ iť” decades or busi ⭲ ess expeíie ⭲ ce, deep a»iaťio ⭲ i ⭲ dusťíy expeíťise, a ⭲ d a pío»e ⭲ ťíack íecoíd successrully bíi ⭲ gi ⭲ g ⭲ e aiícíarť ťo ½aíkeť i ⭲ cludi ⭲ g paíťicipaťio ⭲ o ⭲ ťea½s ť”ať played a íole i ⭲ ťaki ⭲ g o»eí 40 aiícíarť ť”íoug” FAA ceíťiricaťio ⭲

12 i i Effcct Datc Compa ⭲ Q E:c ⭲ t «4% Stock Píicc i ⭲ cícasc 0®/11/21 Kcb"t as P"blic Compa ⭲ Q 24% Stock Píicc a ⭲ d $810M Maíkct Cap appícciatio ⭲ 0«/1®/22 Complctio ⭲ a ⭲ d Appío:al or riíst Complia ⭲ cc Rc:icw bQ IAA G4% Stock Píicc Risc a ⭲ d $2.GB Maíkct Cap appícciatio ⭲ 06/2®/2« IAA ľcst Iligkt Appío:al a ⭲ d bcgi ⭲⭲ i ⭲ g or commcícializatio ⭲ «8% Stock Píicc appícciatio ⭲ a ⭲ d $218M ⭲ cícasc i ⭲ Maíkct Cap 05/11/2« Ii ⭲ al AsscmblQ or tkc riíst aiícíart 4«% Stock Píicc i ⭲ cícasc $490M i ⭲ cícasc ⭲ Maíkct Cap 07/«1/2« $142M i ⭲ USAI Elcctíic Aiícíart Kcli:cíQ Co ⭲ tíacts G8% Stock Píicc appícciatio ⭲ a ⭲ d $1.«B Maíkct Cap I ⭲ cícasc 09/0®/22 U ⭲ itcd Aiíli ⭲ cs c ⭲ tcís i ⭲ to a co ⭲ ditio ⭲ al p"íckasc agíccmc ⭲ t roí 200 aiícíart witk optio ⭲ to i ⭲ cícasc tkc oídcí bQ a ⭲ otkcí 200 aiícíart 40% Stock Píicc i ⭲ cícasc a ⭲ d $820M Maíkct Cap i ⭲ cícasc 06/06/2« Kcb"t at aií skow, adds additio ⭲ al 150 : aiícíart to pipcli ⭲ c, a ⭲ d makcs commitmc ⭲ ts to cxpa ⭲ d i ⭲ BaQ Aíca alo ⭲ gsidc U ⭲ itcd Potc ⭲ tial Public Maíkct Upsidc So"íccs: Compa ⭲ Q pícss íclcascs, CapIQ, a ⭲ d IactSct Píiccs aíc calc"latcd o ⭲ a daQ píioí to a ⭲⭲ o" ⭲ ccmc ⭲ t a ⭲ d c ⭲ di ⭲ g 2/« daQs post a ⭲⭲ o" ⭲ ccmc ⭲ t to capt"íc maíkct píicc appícciatio ⭲ r"llQ. Maíkct Capitalizatio ⭲ is ⭲ ot dil"tcd, it was a CapIQ roím"la witk skaícs o"tsta ⭲ di ⭲ g o ⭲ tkat daQ

13 Rcpícsc ⭲ tati:c Valuatio ⭲ s So"ícc: Yakoo Ii ⭲ a ⭲ cc as or A"g"st ®, 2024

14 KcQ Statistics Ticker: Exchange: Share Price (8/7/24): Shares Outstanding (8/7/24): Market Cap (8/7/24): Fiscal Year End: XTIA Nasdaq $0.21 34M (approx.) $7.14M December 31

15 ľ ka ⭲½ Qou! Investor Relations Crescendo Communications, LLC Tel: 212 - 671 - 1020 Email: XTIA@crescendo - ir.com NASDAQ: XTIA Corporate website: XTIAerospace.com IR Website: ir.XTIAerospace.com 15

16 € ppc ⭲ dix A A

A - 1 7 1 XľI ľíiÏa ⭲ G00 VLCA: Vcísatilc Will scí:c cxisti ⭲ g a ⭲ d cmcígi ⭲ g maíkcts ľíiÏa ⭲ G00 a ⭲ ticipatcd will scí:c di:císc maíkcts Mi ⭲ imal compctitio ⭲ ríom a rcw compa ⭲ ics witk mi ⭲ imal p"blic i ⭲ roímatio ⭲ a:ailablc cVľOL aiícíaft will scí:c a limitcd maíkct Compctitio ⭲ bctwcc ⭲ k" ⭲ dícds or ⭲ cw compa ⭲ ics Existi ⭲ g b"si ⭲ css aiícíart maíkct $«0B 1 Emcígi ⭲ g Rcgio ⭲ al Aií MobilitQ (RAM) maíkct $15B 2 Emcígi ⭲ g Uíba ⭲ Aií MobilitQ (UAM) maíkct $50B « Existi ⭲ g kclicoptcí maíkct $«0B 4 1 B"si ⭲ css jcts maíkct: $«0.1B i ⭲ 2022, so"ícc: kttps://www.maíkctsa ⭲ dmaíkcts.com/Maíkct - Rcpoíts/b"si ⭲ css - jct - maíkct - ««69®426.ktml 2 Emcígi ⭲ g Rcgio ⭲ al Aií MobilitQ (RAM) maíkct: $15B bQ 20«0 (midpoi ⭲ t bctwcc ⭲ low & kigk cstimatc), so"ícc: kttps://www.mcki ⭲ scQ.com/i ⭲ d"stíics/acíospacc - a ⭲ d - dcrc ⭲ sc/o"í - i ⭲ sigkts/skoít - ka"l - rlQi ⭲ g - ícdcri ⭲ cd - tkc - píomisc - or - ícgio ⭲ al - aií - mobilitQ « Emcígi ⭲ g Uíba ⭲ Aií MobilitQ (UAM) maíkct: $50B bQ 20«0, so"ícc: kttps://asscts.:cíticalmag.com/wp - co ⭲ tc ⭲ t/"ploads/2021/05/Moíga ⭲ - Sta ⭲ lcQ - URBAN_20210506_0000.pdr 4 Hclicoptcís maíkct: $«0.6B i ⭲ 2022, so"ícc: kttps://www.maíkctsa ⭲ dmaíkcts.com/Maíkct - Rcpoíts/kclicoptcís - maíkct - 25«4677®5.ktml A - 1

18 VLCA Pcífoíma ⭲ cc Ad:a ⭲ tagcs Busi ⭲ css Aiípla ⭲ c Hclicoptcí cVľOL ľRIÏAN G00 Ra ⭲ gc (700¦ mi) Spccd («00¦ mpk) Ca ⭲ la ⭲ d o ⭲ a kclipad oí job sitcs, ícmotc locatio ⭲ s, clcaí díi:cwaQs ctc. Pío:c ⭲ píopulsio ⭲ sQstcm Laígcí PaQload ÏullQ Opcíablc witk cxisti ⭲ g i ⭲ fíastíuctuíc No ⭲ cw aiíspacc ícgulatio ⭲ s ícquiícd Some Ccítificd IÏR (fligkt i ⭲ to clouds & ad:císc wcatkcí impío:cs ícliabilitQ) Pícssuíizcd cabi ⭲ foí passc ⭲ gcí comfoít Vcísatilc – taígcts :aíicd maíkcts ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc:clopmc ⭲ t. Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis or :c ⭲ doí a ⭲ d maíkct data. S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ A - 2

19 ľcck ⭲ ologQ O:cícomcs Píc:ious Limitatio ⭲ s 1. AcíodQ ⭲ amic Ad:a ⭲ tagc Optimizcd d"ctcd ra ⭲ s a ⭲ d píopcllcís pío:idc crricic ⭲ t acíodQ ⭲ amics i ⭲ ko:cí a ⭲ d cí"isc rligkt 2. Vcítical Lift CapabilitQ Rcaí ra ⭲ pío:idcs stabilitQ a ⭲ d powcí d"íi ⭲ g VľOḺ a ⭲ d stows i ⭲ rligkt «. Ïucl - Efficic ⭲ t E ⭲ gi ⭲ cs ľwo pío:c ⭲ powcír"l t"íboskart c ⭲ gi ⭲ cs accclcíatc ccítiricatio ⭲ timcli ⭲ c, witk a patk to zcío cmissio ⭲ s 4. 'ÏlQ BQ Wiíc’ Duct Co ⭲ tíols Rcd"ccs pilot woíkload a ⭲ d c ⭲ ka ⭲ ccs stabilitQ 5. Pícssuíizcd Comfoít Pícss"íizcd r"sclagc c ⭲ ka ⭲ ccs passc ⭲ gcí cxpcíic ⭲ cc G. Exccllc ⭲ t VisibilitQ Optimizcd wi ⭲ dows a"gmc ⭲ tcd witk camcías impío:c pilot’s sit"atio ⭲ al awaíc ⭲ css ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc : clopmc ⭲ t . pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis . cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ . Estimatcd S"bjcct to A - 3

20 ľíiÏa ⭲ G00 Expcctcd ľimc, Cost a ⭲ d Emissio ⭲ s Rcductio ⭲ s* • Ma ⭲ katta ⭲ to Bosto ⭲ oí KC • Ḻo ⭲ do ⭲ to Paíis Examplc Missio ⭲ : 200 - milc tíip • Ho"sto ⭲ to Kallas • ľokQo to Osaka XľI ľíiÏa ⭲ G00 KOC: $7««/kí « Cí"isc: «00 k ⭲ ots « Bcll 429 Cí"isc: 155 k ⭲ ots 2 At 2X tkc spccd, ľíiÏa ⭲ G00 complctcs tkc missio ⭲ witk… kalf tkc missio ⭲ costs ( - 40 to 60%) kalf tkc timc (50 mi ⭲ :s. 90 mi ⭲ ) kalf tkc cmissio ⭲ s ( - 40 to 60%) 2X íc:c ⭲ uc potc ⭲ tial ( : 100%) Lowcí Diícct Opcíati ⭲ g Cost ľwicc tkc spccd of co ⭲ :c ⭲ tio ⭲ al kclicoptcís AW 109 KOC: $1««®/kí 1 Cí"isc: 15« k ⭲ ots 2 KOC: $9®1/kí 1 KOC: Kiícct Opcíati ⭲ g Cost = I"cl : Mai ⭲ tc ⭲ a ⭲ cc/ko"í (Jct A cost ass"mcd: $5/USG) 1 Co ⭲ kli ⭲ & dcKcckcí/Rc ⭲ aissa ⭲ cc Stíatcgic Ad:isoís 2 Ḻco ⭲ aído/Bcll wcbsitcs « ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc:clopmc ⭲ t. Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis or :c ⭲ doí a ⭲ d maíkct data. S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ A - 4

21 ľíiÏa ⭲ G00 Expcctcd Mo ⭲ ctaíQ Sa:i ⭲ gs* Ops Cost roí 200 - milc tíip x 6 timcs/daQ o:cí 5 Qcaís. Aiícíart píicc/ops costs: B&CA Ops & P"íckasc Pla ⭲⭲ i ⭲ g Ha ⭲ dbook 202«. Rotoícíart p"íckasc píicc: kttps://aií.o ⭲ c/ , ops costs: Co ⭲ kli ⭲ & dcKcckcí * ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc:clopmc ⭲ t. Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis. S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ . $9.9 $6.5 $8.1 $8.2 $25.0 $7.8 $7.0 $11.0 $12.2 $6.0 $15.3 $14.9 $17.8 $18.2 $ $6.9 $4.8 $7.1 $7.6 ÏIVE YEAR COSľ OÏ OWNERSHIP Eq"ippcd Píicc($m) i ⭲ 202« KOC roí 6 lcgs/daQ x «40 daQs x 5 Qcaís ($MM) AG U S ľ A W E S ľ Ḻ AN K 6 0 9 Tiltrotor A W 109 G R A N K N E W Helicopter B E Ḻ Ḻ 4 2 9 W Ḻ G Helicopter X ľ I ľ R I I A N 600* Ducted Fan All ⭲ ccd a íu ⭲ waQ Ca ⭲ opcíatc fíom kclipads P I Ḻ A ľ U S PC 2 4 Business Jet EM B R A ER P H EN O M « 0 0 E Business Jet H O N K A J Eľ EḺ I ľ E I I Business Jet B E E C H C R A I ľ K I N G A I R 2 6 0 Turboprop A I R B U S E C 1«5 Helicopter A - 5

22 Dcsig ⭲ , Dc:clopmc ⭲ t a ⭲ d Ccítificatio ⭲ AVX Aiícíart Compa ⭲ Q was ro" ⭲ dcd witk a :isio ⭲ or bíi ⭲ gi ⭲ g ad:a ⭲ ccd :cítical lirt sol"tio ⭲ s to tkc ci:il maíkct. HigklQ cxpcíic ⭲ ccd c ⭲ gi ⭲ ccís a ⭲ d píorcssio ⭲ als ka:c cícatcd i ⭲⭲ o:ati:c dcsig ⭲ s, tkat "sc modcí ⭲ tcck ⭲ ologQ, to dcli:cí :isio ⭲ aíQ pcíroíma ⭲ cc i ⭲ tkc :cítical lirt c ⭲ :iío ⭲ mc ⭲ t. AVX WEBSIľE Collaboíatio ⭲ Ad:a ⭲ tagcs: x Expcíic ⭲ ccd VľOḺ c ⭲ gi ⭲ ccís x S"ppoít tkc ccítiricatio ⭲ or tkc ľíiIa ⭲ 600 x Skoítc ⭲ tkc timcli ⭲ c to commcícializatio ⭲ x Rcd"cc dc:clopmc ⭲ t cxpc ⭲ scs A - 6

23 VľOL Capabilitics & Píogíams In 2010 , AVX began applying its unique patented coaxial rotor design technology to the military marketplace and refined and matured that technology as it competed in numerous U . S . military aircraft development programs . AVX subsequently expand its Unmanned Air Vehicle designs and other engineering services for commercial and military applications under its current ongoing series of contracts with the U . S . military . A - 7

24 Ouí Commitmc ⭲ t to Sustai ⭲ abilitQ A mcasuícd íisk, pkascd appíoack ticd to: o ľcck ⭲ ologQ mat"íatio ⭲ or kQdíogc ⭲ /battcíics o Ioím"latio ⭲ or ícg"latoíQ g"ida ⭲ cc o I ⭲ ríastí"ct"íc dc:clopmc ⭲ t ľuíboskaft E ⭲ gi ⭲ cs Accclcíatc ccítiricatio ⭲ & c ⭲ tíQ i ⭲ to scí:icc Compatiblc witk 100% s"stai ⭲ ablc a:iatio ⭲ r"cl (SAI) CO2 cmissio ⭲ s ícd"ccd bQ "p to ®0% 1 dcpc ⭲ di ⭲ g o ⭲ tkc SAI blc ⭲ d HQbíid Powcí HQdíogc ⭲ r"cl ccll oí battcíics pl"s a t"íboskart c ⭲ gi ⭲ c CO2 cmissio ⭲ s ícd"ccd 90% Zcío Emissio ⭲ s Píopulsio ⭲ All Elcctíic Zcío cmissio ⭲ s 1 kttps://www.iata.oíg/c ⭲ /píogíams/c ⭲ :iío ⭲ mc ⭲ t/s"stai ⭲ ablc - a:iatio ⭲ - r"cls ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc:clopmc ⭲ t. Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis. S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ A - 8

Cover	Aug. 08, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Aug. 08, 2024
Entity File Number	001-36404
Entity Registrant Name	XTI AEROSPACE, INC.
Entity Central Index Key	0001529113
Entity Tax Identification Number	88-0434915
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	8123 InterPort Blvd.
Entity Address, Address Line Two	Suite C
Entity Address, City or Town	Englewood
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80112
City Area Code	800
Local Phone Number	680-7412
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock
Trading Symbol	XTIA
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false