Tagged: xti aircraft company

October 18, 2017 @ 1:55 pm By Samantha Hurst  |  

XTI Aircraft Company (XTI) announced on Wednesday it received several additional orders and deposits for the TriFan 600 aircraft from customers under its pre-sales program. As previously reported, XTI is currently working on the aircraft called, the TriFan, which is described as a six-seat aircraft that will have the… Read More

March 6, 2017 @ 5:11 pm By Samantha Hurst  |  

On Monday, XTI Aircraft Company and Bye Aerospace, Inc. announced they have entered into an agreement to develop a hybrid/electric prototype of XTI’s revolutionary TriFan vertical takeoff airplane. While sharing details about the partnership, Robert J. LaBelle, XTI’s CEO, stated: “We’re continuing with our plan, but we’ve… Read More

August 8, 2016 @ 9:41 am By Samantha Hurst  |  

On Monday, XTI Aircraft Company (XTI) officially announced it has entered into a preliminary agreement with the Aerospace division of Honeywell International. Honeywell will supply the HTS900 engine for XTI’s first prototype, a two-thirds piloted subscale of the TriFan 600 vertical takeoff airplane. This announcement comes just… Read More

February 18, 2016 @ 2:06 pm By Samantha Hurst  |  

XTI Aircraft Company (XTI) announced on Thursday it plans to establish an over-the-counter secondary market for current and future shareholders. This new market will give shareholders the ability to buy and sell XTI shares on a public market. After garnering $20.6 million in non-binding expressions… Read More

February 8, 2016 @ 12:27 pm By Samantha Hurst  |  

On Monday, XTI Aircraft Company (XTI) representatives announced the loss of the company’s Vice Chairman Jeff Pino, who died in a plane crash on February 5th near Phoenix, Arizona. XTI founder and chairman David Brody shared: “There are no words to express the grief and sadness we… Read More

November 18, 2015 @ 10:58 am By Samantha Hurst  |  

  On Wednesday, the creators of the TriFan 600, XTI Aircraft Company, announced that it has been named a 2015 Popular Science “Best of What’s New” Award winner in the aerospace category. The TriFan 600 is a six-seat fixed-wing airplane with the speed, range and… Read More

November 11, 2015 @ 12:51 pm By Samantha Hurst  |  

The XTI Aircraft Company has filed with the SEC to complete a Regulation A+ offering following a successful Test the Waters (TTW) campaign that generated over $13 million in investor interest.  The company would like to raise $10 million using Tier II of the updated exemption. XTI… Read More

September 9, 2015 @ 9:08 am By Samantha Hurst  |  

In just two weeks, equity crowdfunders have reserved shares for more than $4 million through a StartEngine campaign to support development of an airplane with the speed, range, and comfort of a business jet and the ability to take off and land like a helicopter. XTI Aircraft… Read More