XTI Aerospace

XTI Aerospace announces proposed investment of up to $55M

XTI Aerospace announces proposed investment of up to $55M

12-Jul-2024Source: XTI Aerospace

XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI” or the “Company”) announced that it has entered into an agreement with FC Imperial Limited (“FCIL”), an affiliate of a private global investment consortium, FinExic Concordia Group, (“FCG” or “Investor Consortium”), for a proposed strategic equity investment for shares of convertible preferred stock (the “Investment”) of up to $55 million (the... Read more

Mesa Airlines’ places conditional Pre-Order for 100 TriFan 600 from XTI

Mesa Airlines’ places conditional Pre-Order for 100 TriFan 600 from XTI

17-Jun-2024Source: XTI Aerospace

XTI Aerospace, Inc. (Nasdaq: XTIA) (“XTI Aerospace” or the “Company”) announced that Mesa Air Group, Inc. (“Mesa”) (Nasdaq: MESA) (“Mesa”), the holding company of regional air carrier Mesa Airlines, is the purchaser under a previously disclosed conditional purchase order with XTI Aircraft Company (“XTI”), a wholly-owned subsidiary of the Company, for up to 100 TriFan 600... Read more

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