Tagged: xti aircraft company

XTI Aircraft Update: Now Accepting More Orders for TriFan 600 Vertical Takeoff Airplane

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

XTI Aircraft Announces Agreement With Bye AeroSpace to Create Hybrid & Electric Vertical Takeoff Airplane

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

XTI Aircraft Company Picks Honeywell Aerospace To Supply Engines For First TriFan 600 Prototype

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

XTI Aircraft Company Set to Create Liquidity For Shareholders; Moves to Close StartEngine Initiative

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

XTI Aircraft Company Mourns the Loss of Vice Chairman Jeff Pino

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

XTI’s TriFan 600 Dubbed Popular Science’s “Best of What’s New” Award Winner

  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

XTI Aircraft Files Regulation A+ Docs with SEC. Seeks $10 Million

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

TriFan 600 Takes Off as Crowdfunding Initiative Soars to $4 Million

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

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