Company: XTIA
Filing Date: 2025-03-31
Form Type: 424B5
Source: 0001013762-25-004458
Chunk: 8

Company: XTI Aerospace, Inc.
Filing Date: 2025-03-31
Form: 424B5
Chunk 8
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 to take off and land
like a helicopter and cruise like a fixed-wing business aircraft. We believe our initial configuration, the TriFan 600, will be one of
the first civilian fixed-wing VTOL aircraft that offers the speed and comfort of a business aircraft and the range and versatility of
VTOL for a wide range of customer applications, including private aviation for business and high net worth individuals, emergency medical
services, and regional charter air travel. Since 2013, we have been engaged primarily in developing the aerodynamic performance and top-level
engineering design of the TriFan 600, building and testing a two-thirds scale unmanned version of the TriFan 600, generating pre-orders
for the TriFan 600, and seeking funds from investors to enable the Company to advance the detailed design and certification of the TriFan
600, and to eventually engage in commercial production and sale of the TriFan 600.

Our RTLS solutions leverage
cutting-edge technologies such as IoT, AI, and big data analytics to provide real-time tracking and monitoring of assets, machines, and
people within industrial environments. With our RTLS solutions, businesses can achieve improved operational efficiency, enhanced safety
and reduced costs. By having real-time visibility into operations, industrial organizations can make informed, data-driven decisions,
minimize downtime, and ensure compliance with industry regulations.

We report financial results
for two segments: Commercial Aviation and Industrial IoT. For Industrial IoT, we generate revenue from sales of hardware, software licenses
and professional services. For Commercial Aviation, the segment is pre-revenue as we are currently developing the TriFan 600 aircraft.

Corporate Strategy

In addition to advancing the
design and certification of the TriFan 600 for commercial production and sale, and in order to continue to respond to rapid changes and
required technological advancements, increase our opportunities for revenue generation, and increase shareholder value, we are exploring
strategic transactions and opportunities that we believe will enhance shareholder value. We are particularly focused on delivering leading,
business-focused solutions that seek to shape the future across powered-lift aircraft solutions. Expanding into autonomous, remotely operated
drones is key to our strategic vision. By combining drone technology with VTOL innovation, we believe we are positioning XTI to accelerate
the development of both unmanned aerial vehicles (UAV) and VTOL solutions, expand its market presence, and create new opportunities across
multiple industries. We will also be opportunistic and may consider other strategic and/or attractive transactions, which may include,
but not