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Stock impact report

XTI Aerospace Provides Full-Year 2024 Business Update and Outlines 2025 Strategic Momentum [Yahoo! Finance]

XTI Aerospace, Inc. (XTIA) 
Company Research Source: Yahoo! Finance
ENGLEWOOD, Colo. April 15, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI Aerospace," "XTI" or the "Company"), a pioneer in xVTOL and powered-lift aircraft solutions, today provided a business update and announced the filing of its Form 10-K for the fiscal year ended December 31, 2024 "2024 marked a transformational year for XTI Aerospace as we repositioned the Company for long-term growth, broadened our leadership team, advanced the TriFan 600 development program, and strengthened our balance sheet," said Scott Pomeroy , Chairman and CEO of XTI Aerospace. "We believe these milestones firmly establish our leadership for regional VTOL aircraft and set the stage for a dynamic 2025." The TriFan 600 is XTI's flagship fixed-wing airplane designed for vertical takeoff and landing (VTOL), combining the speed and range of a regional business airplane with the point-to-point convenience of a helicopter. This innovative configuration opens new possibilities for regional air Show less Read more
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