Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 11

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 11
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 a unique airplane with distinct and largely unique performance capabilities at a competitive
purchase price. We believe the TriFan 600 airplane will be one of a small number of aircraft that offers the speed, range and comfort
of a business airplane with the versatility of VTOL. As we expect that the TriFan 600 will be capable of flying greater distances and
on average at twice the speed and three times the range of competing helicopters, we expect the TriFan 600 to offer lower direct operating
costs (cost per flight hour) and be able to fly almost twice as many missions, thus generating additional cost savings and revenue for
airlines and aircraft operators when compared with helicopters.

RTLS &
IIoT Solutions

Our
RTLS business is characterized by innovation and rapid change. Our RTLS Indoor Intelligence products compete with companies such as Aruba,
Cisco, Juniper Networks/Mist Systems, Ubisense, Sewio, Kinexon, Zebra Technologies and other mostly vertical focused RTLS companies.
Some competitors determine positioning primarily using BLE or Wi-Fi and, therefore, we believe they cannot achieve the same accuracy
that we do and so cannot meet some customers’ needs. Many RTLS competitors are focused on one technology and/or vertical and, at
this time, we believe none of them have as complete an offering of tags, anchors, positioning, engine, software, integrations and analytics.

We
believe we offer a unique and differentiated approach to the market with our industrial RTLS which is:

●Comprehensive.
                                            We offer full-stack RTLS solutions which seamlessly integrates tracking tags, anchors, sensors,
                                            positioning engine, software, and connections to third-party systems. We integrate a myriad
                                            of indoor data inputs and outputs. With a single platform we can support a multitude of use
                                            cases across numerous industries in both the private and public sector.

●Scalable.
                                            Our solutions are built to support customers’ expanding needs and use cases. Unlike
                                            many other competitive point-solutions, we can offer expansion paths and support for a wide
                                            variety of location-based use cases at large, multi-size, global enterprises. Our multi-layered
                                            depiction of indoor data allows users to see the information most relevant to their role,
                                            in the optimal format for them (e.g., charts, tables, maps, etc.).

●Technology-agnostic
                                            and open. We embrace an ecosystem of hardware, software, integration and distribution
                                            partners welcoming integration and synchronization with third party data