XTI Aerospace, Inc. Common Stock - Common Stock (XTIA)
2.5400
0.00 (0.00%)
XTI Aerospace, Inc. is an innovative aviation company focused on the development and commercialization of a revolutionary vertical takeoff and landing (VTOL) aircraft
The company aims to transform urban mobility and air travel by designing a versatile and efficient aircraft that combines the capabilities of helicopters and traditional airplanes. With a commitment to safety, performance, and sustainability, XTI Aerospace seeks to address the growing demand for advanced aerial transportation solutions, offering both passenger and cargo services in a seamless, environmentally friendly manner. Through its cutting-edge technology and expert team, the company is poised to lead the evolution of urban air mobility.
ReadyMonitor manufactures autonomous, artificial intelligence-powered drones. It has received an approval from the Federal Aviation Administration (FAA) to operate small unmanned aircraft beyond the line of sight of a pilot.
Shares of XTI Aerospace, Inc. (NASDAQ: XTIA) are trading higher Friday potentially from continued momentum after the company announced a significant stock offering on Wednesday.
XTI Aerospace shares are trading higher Tuesday after the company announced its 2025 strategic initiatives aimed at strengthening its leadership in the VTOL (Vertical Take-Off and Landing) and powered-lift aircraft markets.
XTI Aerospace has entered a $55 million strategic equity investment agreement with FC Imperial Limited. Valued at $275 million post-money, the investment aims to accelerate the development of XTI's TriFan aircraft.
