Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 16

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 16
---
) 680-7412. We have also agreed to sublease office space in Palo Alto, California. Two of our subsidiaries, Inpixon
GmbH and IntraNav, maintain offices in Berlin Germany, and Eschborn, Germany, respectively. Our Internet website is www.xtiaerospace.com.
The information on, or that can be accessed through, our website is not part of this report, and you should not rely on any such information
in making any investment decision relating to our common stock.

9

ITEM
1A: RISK FACTORS

We
are subject to various risks and uncertainties that may materially harm our business, prospects, financial condition and results of operations.
An investment in our common stock is speculative and involves a high degree of risk. In evaluating an investment in shares of our common
stock, you should carefully consider the risks described below, together with the other information included in this report.

If
any of the events described in the following risk factors actually occurs, or if additional risks and uncertainties later materialize,
that are not presently known to us or that we currently deem immaterial, then our business, prospects, results of operations and financial
condition could be materially adversely affected. In that event, the trading price of our common stock could decline, and investors in
our common stock may lose all or part of their investment in our shares. The risks discussed below include forward-looking statements,
and our actual results may differ substantially from those discussed in these forward-looking statements.

Summary
Risk Factors

The
following summarizes the risks and uncertainties that could materially adversely affect our business, financial condition, results of
operation and stock price. You should read this summary together with the more detailed description of each risk factor contained below.

Risks
Related to Our Business and Industry

●We
                                            have a limited operating history and have not yet manufactured any non-prototype aircraft,
                                            delivered any aircraft to customers or generated any revenues from our aircraft business,
                                            and we may never develop or manufacture any VTOL aircraft according to our current development
                                            schedule, or at all.

●We
                                            will require FAA certification, and a delay in receiving such certification could adversely
                                            affect our prospects, business, financial condition and results of operations.

●The pre-orders we have received for our TriFan 600 airplane are non-binding,
conditional or written expressions of interest and may be terminated at any time prior to execution of a definitive purchase agreement.
If these pre-orders are cancelled, modified, delayed or not